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February 26, 2025
According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed grain expected to come from the United States on Tuesday in a private transaction without holding an international tender.
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February 25, 2025
ANA Holdings, a Japanese airline, said it would place a record-breaking order of up to 77 planes to replace its fleet and capitalize on the growing travel demand. ANA reported that the order, which was its biggest ever in terms aircraft numbers…
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February 25, 2025
Airbus, a European aerospace and planemaker, announced on Tuesday that it would build the French Air and Naval Force's communications network under a contract worth up to 480 million euro ($502.46million). Airbus Defence and Space and Naval…
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February 25, 2025
The sun glares into the navigation room of Transocean Barents semi-submersible drill rig, which is anchored in Romania’s Constanta port. The Mighty Barents, also known as the Mighty Barents, will be traveling 160 kms to the sea in a few weeks and will begin drilling the 10 wells of Neptun Deep.
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February 25, 2025
His ministry announced that South Korea's Minister of Industry Ahn Duk Geun would travel to Washington D.C. between Wednesday and Friday to push for a further exemption from U.S. Steel Tariffs and to discuss ways to increase cooperation in energy and shipsbuilding.
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February 25, 2025
The state grain buyer of Bangladesh has announced a new international bid to buy 50,000 metric tonnes of rice. The deadline to submit price offers is March 11, 2019. After a heavily damaged domestic crop last year, Bangladesh continues to purchase large quantities of rice on international markets.
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February 25, 2025
The leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), purchased around 60,000 tons of soymeal in a private transaction on Friday. This deal was made without announcing an international tender. The estimated price was $364.66 per ton, cost and freight included.
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February 25, 2025
The commanding officer of a U.S. Coast Guard ship crossing the Tasman Sea in support of maritime security with Australia and New Zealand said that the cutter was aware Chinese naval vessels were in the region but did not interact with them.
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February 25, 2025
Thyssenkrupp will hold an extraordinary general assembly to complete a spin-off in the warship division in this calendar year. This was revealed by Chief Executive Miguel Lopez in a podcast published on Tuesday. Lopez, speaking on a podcast by the German newspaper WAZ…
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February 24, 2025
Sun Communities is selling its superyacht service business for $5.65bn in cash. The real estate investment trust wants to focus on core segments and reduce its debt. This has sent its shares up by more than 5%. According to the companies, they…
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February 24, 2025
European traders reported on Monday that the Algerian state agency ONAB had issued international tenders for up to 240,000 tons of animal feed barley and 35,000 tonnes of feed corn. They said that the deadline for submitting price offers to tenders is on Tuesday, February 25.
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February 24, 2025
At a Rome bilateral summit, the United Arab Emirates announced that it plans to invest 40 billion dollars in Italy. The two countries did not give a timeframe. Since taking office as Italian Prime Minister in 2022 Giorgia Mello has sought to strengthen ties with Gulf nations…
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February 23, 2025
Osama Rabi, the chairman of Egypt's Suez Canal Authority, said that since February 1, 47 ships had been diverted from Cape of Good Hope into Suez Canal. Rabie stated earlier this month that the Red Sea Crisis did not create an alternative route for the canal…
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February 23, 2025
The Italian newspaper La Repubblica, without citing any sources, reported that the Italian oil services firm Saipem was close to merging with its Norwegian competitor Subsea 7. The paper did not provide any further financial information. Several years ago…
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February 22, 2025
Transpetro is the logistics division of Brazil's Petrobras. It will launch an auction for four new tanks around 2025. Transpetro's chief Sergio Bacci said that the company hopes to include nine more in its strategic plan from 2026-2030. Bacci…
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February 21, 2025
Two sources familiar with the matter have confirmed that Brazil's state oil company Petrobras may cancel a tender for a production, storage and offloading vessel from India's Shapoorji pallonji Energy. Sources claim that the state-run company…
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February 20, 2025
The Energy Information Administration reported on Thursday that the U.S. crude stockpiles increased while gasoline and distillate stocks fell as a result of seasonal maintenance at refineries, which led to a lower processing. The EIA reported that crude inventories increased by 4.6 millions barrels…
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February 20, 2025
The Energy Information Administration reported on Thursday that U.S. crude stockpiles increased while gasoline and distillate stocks fell. The EIA reported that crude inventories increased by 4.6 millions barrels, to 432.5million barrels during the week ending February 14.
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February 20, 2025
According to calculations based upon data from industry sources, the offline primary oil refinery capacity of Russia in February has been revised up by 82% compared to what was originally planned for this month. In February, idle primary oil…
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February 20, 2025
Two sources with knowledge of the situation said on Thursday that oil loadings at Russia's Black Sea Port of Novorossiisk resumed on Tuesday night, after being idle for two consecutive days due to storms. The storm caused the suspension of oil loadings at the Russian Black Sea port Novorossiisk…
