Shipping industry faces appeals for global levy as it sets net-zero target
Antonio Guterres led calls on the worldwide shipping industry to step up to the climate challenge by not only adopting a 2050 net-zero target but agreeing on a global levy on ships to achieve it at a summit in London this week. The International Maritime Organisation is deciding how to cut greenhouse gases from an […]
Grain Highlights 05.07.2023
AgRural predicts a second corn production in Brazil of 102.9 million tons (+5 compared to the May forecast). – In May, the consumption of corn for industrial needs in the United States reached 12.55 million tons (+6% compared to April and -2% compared to May 2022). The share of corn consumption for bioethanol is 91.6% […]
Johor Port Partners With Mohr To Elevate Tvet
Johor Port Berhad (Johor Port), a member of MMC Group, recently signed a three-year Memoranda of Cooperation (MoC) with the Ministry of Human Resources (MOHR) on 27 June 2023 at The Everly Hotel, Putrajaya. The MoC Exchange ceremony, witnessed by YAB Dato’ Seri Dr. Ahmad Zahid Hamidi, Deputy Prime Minister and Chairman of the National […]
Grain Highlights 04.07.2023
The Russian Grain Union predicts a 2023/24 grain production in Russia of 130-140 million tons with exports of 55 million tons. A decrease in the average yield of wheat by about 0.1 ton/hectare is noted. – According to Ruasagrotrans data, wheat exports from Russia reached a record 3.84 million tons in June (3.55 in the […]
MPA calls for LNG to accelerate its transition to cleaner shipping ahead of MEPC 80
LNG as a marine fuel “would have to further green itself as a bunker fuel” to offer a long-term cleaner shipping solution, the Maritime and Port Authority of Singapore Chief Sustainability Officer Tham Wai Wah told S&P Global Commodity Insights in a recent interview. Greenhouse gases emissions reduction in the global shipping industry has been […]
Level playing field between EU ports and within the maritime logistics chain must remain a priority
The importance of harmonized implementation of “Fit for 55” proposals and more particularly AFIR, as a means to guarantee a real playing field between EU ports has been extensively debated during FEPORT General Assembly meeting held on June 2nd, 2023, at Saintes Maries de la Mer. FEPORT members are satisfied that when voting on May […]
Grain Highlights 01.07.2023
Refinitiv Commodities Research lowered its forecast for the 2023/24 corn production in the United States by 11 million tons to 364 million tons (348.8 in 2022/23). – During the week of July 5-11, the export tax on Russian wheat will be 2,609.6 rubles/ton (2,473.3). There will be no export tax on barley and the export […]
Grain Highlights 30.06.2023
According to the forecast of the Ministry of Agriculture of Bulgaria, the wheat production in the country is expected to reach 6 million tons in 2023/24 with areas of 1,194 million hectares. – According to a forecast of the Ukrainian Agribusiness Club, the grain production in Ukraine will reach 42.5 million tons in 2023/24 (53 […]
Grain Highlights 29.06.2023
Recent rains in India have reduced the soil moisture deficit and allowed sowing of the summer maize crop to start about a week earlier than usual. – From the beginning of the season to 28.06.2023, grain exports from Ukraine reached 48,765 million tons (48,355 a year earlier), including 3,428 million tons in June (1,256). The […]
Ukraine must be ready to export mostly via Danube ports – sea ports authority
Ukraine must be ready to export grain almost exclusively via its Danube River ports because Russia is effectively blocking Black Sea shipments, the Ukrainian Sea Ports Authority said on Tuesday. The United Nations and Turkey brokered a deal between Moscow and Kyiv last July on the safe passage of Black Sea grain to help tackle […]