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News
The ‘Black Sea Ormuz’ surcharge amounts to an additional 50–90 euros per tonne on top of the commodity
6+ day, 7+ hour ago (201+ words) This difference cannot be passed on in full to the foreign buyer, as Black Sea grain competes with produce from the US, South America, Australia and the European Union. As a result, the additional costs are largely deducted from the…...
International community must work collectively to safeguard critical sea lanes: India tells UNSC
2+ week, 5+ day ago (666+ words) routes are essential for the uninterrupted movement of food, fertilisers, fuel and other basic commodities...are indispensable for the uninterrupted movement of food, fertilisers, fuel and other essential commodities...comments came amid concerns over the impact of conflicts and attacks…...
Geopolitical risks challenge global shipping rules, warns industry body
5+ day, 4+ hour ago (812+ words) Only seven commodity vessels passed through Hormuz on Monday, according to Kpler data cited by Reuters...particular vulnerability of developing economies with limited fiscal room to absorb higher transport and commodity...
Global conflicts and climate change drive up shipping costs
3+ week, 6+ day ago (149+ words) in the Gulf and Ukraine have essentially shut off some of the world’s key passageways for global commodities...in the Gulf and Ukraine have essentially shut off some of the world’s key passageways for global commodities...
Nigerian Ports Await 26 Ships Loaded With Petroleum And Food
1+ week, 6+ day ago (303+ words) expects 26 cargo vessels loaded with critical petroleum products, aviation fuel, and basic food commodities...(NPA) has announced that 26 cargo vessels heavily laden with petroleum products, critical food commodities...The influx is expected to ease localized supply chain bottlenecks and stabilize…...
Baltimore adds on-dock grain export gateway
4+ day, 7+ hour ago (175+ words) The four-acre facility, developed by Ports America Chesapeake and Frey Commodities, has three silos with...Ports America Chesapeake will operate the facility exclusively for Frey Commodities....
New grain transload facility opens in Baltimore
1+ week, 6+ day ago (416+ words) Seagirt Marine Terminal in the Helen Delich Bentley Port of Baltimore, built in partnership with commodity...trading and logistics firm Frey Commodities and Ports America Chesapeake....Commodities to be handled by the facility include soybeans, corn, wheat, sorghum, soybean meal,…...
Colonial Terminals launches Savannah breakbulk facility
3+ day, 22+ hour ago (264+ words) “We believe customers moving bulk and breakbulk commodities deserve the same world-class logistics options...Foundation 3 is equipped to handle a diverse range of commodities, including steel, forest products,...
Hapag-Lloyd raises rates from North Europe to South Asia
3+ week, 4+ day ago (69+ words) The announced rates remain subject to the applicable commodity conditions....
31 Trade Routes That Shaped the Modern World Map
3+ week, 1+ day ago (1514+ words) Frankincense and myrrh were extraordinarily valuable commodities in ancient religious and ceremonial...