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News
WTO: Global Goods Trade Strengthens Despite Uneasy Politics
4+ day, 21+ hour ago (266+ words) Global trade in goods has strengthened from June despite geopolitical and policy-related uncertainties, the World Trade Organization said on Wednesday, signaling resilience in merchandise flows even as risks remain elevated. The September reading of the WTO's barometer tracking merchandise trade…...
EU Wheat Falls Further As Market Awaits Black Sea Diplomacy
1+ week, 2+ day ago (376+ words) Euronext wheat eased on Friday, extending a pullback from contract highs as the market waited to see if a renewed diplomatic push to end Russia's war with Ukraine might alleviate disruption to Black Sea trade. Losses were limited as more…...
Brittany Ferries Ends Live Irish Calf Exports
1+ week, 5+ day ago (395+ words) On September 1, Brittany Ferries stopped transporting live farm animals including unweaned calves. The move marks another milestone in a campaign by NGOs to end long-distance live transport and ensure animal welfare legislation is effectively enforced. It has been led by…...
European Wheat Prices Fall on Hopes of Black Sea Peace
1+ week, 6+ day ago (131+ words) maritimeprofessional.com European Wheat Prices Fall on Hopes of Black Sea Peace European wheat fell sharply on Monday, as renewed comments by Turkey about seeking a diplomatic solution to stop war disruption to Black Sea grain shipping drove profit-taking after…...
Russian Wheat Exports Rise in Price as Black Sea Supplies Dwindle
1+ week, 6+ day ago (127+ words) maritimeprofessional.com Russian Wheat Exports Rise in Price as Black Sea Supplies Dwindle Russian wheat export prices rose last week, tracking global prices, against a backdrop of a sharp decline in supply due to restrictions in the Azov-Black Sea basin,…...
Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities
2+ week, 4+ day ago (118+ words) maritimeprofessional.com Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities Russia hammered Ukrainian ports, industrial sites and retailers' distribution facilities with missiles and drones in an hours-long attack on Kyiv and other cities that was partly repelled, Ukrainian…...
Corn, Wheat Reach Multi-Year Highs Amidst US Crop, Black Sea Export Worries
2+ week, 5+ day ago (433+ words) Chicago corn and wheat futures set fresh multi-year highs on Wednesday as falling expectations for U.S. corn yields and ongoing disruption to Black Sea grain exports maintained uncertainty over global availability. Soybeans were steady as support from corn was tempered by…...
Russian Oil Freight Rates Spike On Security Risks, Vessel Availability
2+ week, 5+ day ago (402+ words) Freight rates for tanker shipments of Russia's flagship Urals crude from western ports to India, the grade's main market, have surged in August as strong demand for vessels and mounting security risks linked to carrying Russian oil drove up costs,…...
Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea
2+ week, 5+ day ago (94+ words) maritimeprofessional.com Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea The Russian Defence Ministry said on Tuesday that its forces had struck three cargo vessels carrying supplies for the Ukrainian military and a tanker at the Black Sea…...
Russian Wheat Prices Drop, Shipments to Reach 16-Year Low
3+ week, 9+ min ago (370+ words) Russian wheat export prices fell last week, but some analysts said they regarded the prices as largely symbolic as shipments from southern ports have been virtually halted due to the escalating conflict with Ukraine. Export prices in the Baltic region…...