Wed, 21 Nov 2018
55
Jackson

TEHRAN (Tasnim) - For the second straight week, a bulk carrier with soybeans left the US Pacific Northwest destined for Iran, a report said.

The Sealady bulk carrier departed on Nov. 1 from a terminal owned by Bunge Ltd. and Itochu Corp. in Longview, Washington, and is destined for the port of Bandar Imam Khomeini in Iran, according to inspection figures from the US Department of Agriculture and vessel-tracking data compiled by Bloomberg.

On Monday, the US imposed sanctions on Iran's energy, shipping and banking sectors. The US penalties exclude agricultural commodities.

The ship with 56,951 metric tons of soybeans is the 13th cargo to depart the US for Iran since July. Ten loaded from Mississippi elevators, while three departed from the Pacific Northwest.

The US has sent 873,420 tons of soybeans to Iran in 2018 since the trade war with China started in July. The US has increasingly sought sales to countries including Argentina, Egypt and Iran to fill the void left by China, the world's top consumer.

More Mississippi News

Access More

Sign up for Mississippi State News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!