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Russia, with the world’s fourth-largest expanse of arable land and huge potential for modernisation in the agriculture industry, is trying to position itself long term to double grain exports and grab a bigger share of growing world food demand. Russian aluminium tycoon Oleg Deripaska’s vehicle Basic Element (BasEl), a long-time investor in agriculture, has [...]  Dangerous cargo had been exploded on board of the container ship Maersk Kinloss in Iliychevsk, Ukraine. During the discharge of the cargo, the dock workers noticed that several containers are seriously damaged, due to explosion on board. The container, which caused explosion was loaded with the dangerous cargo of aluminum phosphide. The fire caused damage [...] Omaha’s Gavilon LLC, formerly the grain merchandising arm of ConAgra Foods and the nation’s third-largest grain storage company, may be headed for a multibillion-dollar sale. A spokesman for Gavilon’s principal owner, hedge fund group Ospraie Management of New York City, said Friday that the business is considering “strategic alternatives,” a phrase that usually means a [...] From a CHS news release: CHS Inc., the nation’s leading cooperative, has announced it has opened an office in Seoul, South Korea, intended to strengthen business with that nation’s growing customer base. CHS also has international marketing offices in Argentina, Brazil, Bulgaria, Canada, China, Hong Kong, Hungary, Jordan, Romania, Russia, Serbia, Spain, Switzerland and [...] Crew management of the Maersk Gateshead has been contracted out, as has the management of several other Maersk ships. Maersk has said it will shift more management functions from Europe to Asia in order to save money. AP Moller-Maersk is contracting out the full crew management of six Maersk Line containerships to Norwegian shipmanager [...] Louis Dreyfus has been working in Ukraine since 1998, with elevators in the Vinnytsia and Cherkasy regions. Louis Dreyfus Ukraine Ltd. (Kyiv) intends to invest $190 million in the construction of a grain terminal in Illichivsk (Odesa region). A company’s representative said this when meeting with Head of Odesa regional state administration Eduard [...] A Cargill silo under construction in the Ukraine. The Cargill Corporation and a group of Risoil companies plan to set up a joint venture on the territory of the Illichivsk port in the Ukraine. According to preliminary estimate, the minimum capacity of the new grain terminal can make up about 2 million tons/year and [...] |
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