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Brazil soybean oil exports remain strong as crush expands

Brazilian soybean oil exports remained strong heading into September as increased soybean processing continued to expand domestic oil production, according to data from Brazil’s Foreign Trade Secretariat and the Brazilian Association of Vegetable Oil Industries. Preliminary data from the Foreign Trade Secretariat, or Secex, under the Ministry of Development, Industry, Trade and Services, showed…

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Iron Ore Rises on Strong China Data

Iron ore futures climbed toward CNY 710 per ton, recovering from eight-week lows after data showed China’s manufacturing sector returned to growth in September, improving the demand outlook in the…

  • Iron ore futures rise to CNY 710 per ton, breaking eight-week slump
  • China's manufacturing sector regains growth in September
  • Investors anticipate lower trading volumes during National Day holiday

SAAM Towage Celebrates the Christening of the Petrel in Arica, Chile’s First IMO Tier III Tugboat

In a traditional ceremony joined by local authorities and the port community, the state-of-the-art vessel strengthens port operations with an 80-tonne bollard pull capacity. Arica, Chile.

  • SAAM Towage christens first IMO Tier III tugboat, Petrel, in Arica, Chile.
  • Tugboat boasts 80-tonne bollard pull capacity for efficient ship operations.
  • Christening ceremony symbolizes good fortune and safe passage for vessel and crew.

A.P. Moller Capital Agrees to Acquire a Majority Stake in Euroports Group

A.P. Moller Capital is pleased to announce that, through a separately managed fund vehicle, it has entered into a definitive agreement to acquire a majority stake in Euroports Group (“Euroports”), a…

  • A.P. Moller Capital agrees to acquire majority stake in Euroports Group.
  • Euroports operates terminals in 10 European countries and China.
  • New consortium will support Euroports' growth and expansion plans.

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