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Tag Archives: United States

China Turns Back to Brazilian Beans After Trade War Escalation

Soybeans being harvested

Bloomberg News, August 2, 2019 Chinese buyers are turning to Brazilian soybeans after another escalation of tensions between the U.S. and China. Buyers from the Asian nation are bidding for Brazilian soy for shipment in August, September and October, according to people familiar with the matter who asked not to be identified because talks are private. China is seeking to …

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BREAKING: U.S. wants an international military coalition to patrol off of Iran and Yemen’s coasts

PortandTerminal.com, July 9, 2019 Reuters reported last night that the US Administration wants a military coalition to address the maritime threat that it feels Iran and Yemen pose to American and international security (oil) interests in the region. WASHINGTON (Reuters) – The United States hopes to enlist allies over the next two weeks or so in a military coalition to …

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US Farmers in shock. China quits buying US soy as tariff war escalates

PortandTerminal.com, May 31, 2019 China, the world’s largest soybean buyer, has put purchases of American supplies on hold after the trade war between Washington and Beijing escalated Washington, DC – China has halted its US soy purchases as the trade war between it and the United States escalates. As the world’s largest soybean purchaser, losing Chinese orders will severely hurt …

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U.S. seizes North Korea’s second largest cargo ship

PortandTerminal.com, May 9, 2019 For the first time the United States has seized a North Korean cargo vessel for international sanctions violations, the Justice Department said today Washington – The Trump administration has seized North Korea’s second largest cargo vessel ship claiming that the bulk carrier was violating American law and international sanctions, the Justice Department announced today. The seizure …

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“There is little opportunity for profit in US ports sector”, DP World

Photo: DP World chairman Sultan Bin Sulayem

PortandTerminal.com, March 27, 2019 DP World is still interested in port and logistics acquisitions in the United States but has not yet found an opportunity for profit in that market, according to chairman Sultan Bin Sulayem. “As far as the United States, there’s nothing to stop us from going there, but we haven’t found an opportunity that is profitable,” he …

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