Posted to Maritime Reporter
on
April 14, 2025
The German finance ministry announced on Monday that a German court would consider a request for the release of an oil tanker believed to be a part of Russia's so-called "shadow fleet" used to circumvent oil sanction. In January, the Panama…
Posted to Maritime Reporter
on
April 10, 2025
Alaa Farouk, Egypt's Agriculture Minister, said late Wednesday that Egypt expects to harvest ten million tonnes of wheat in 2018, up from nine million in 2023. This is due to improved crop yields, and ambitious land reclamation initiatives.
Posted to Maritime Reporter
on
March 27, 2025
The local governor's offices confirmed that six foreigners died when a tourist sub sank near the Red Sea resort of Hurghada in Egypt. However, they did not confirm the nationalities. The Russian consulate at Hurghada confirmed that the "SINDBAD"…
Posted to Maritime Reporter
on
March 10, 2025
European traders reported on Monday that Algeria's state grain agency OAIC had issued a tender for the international purchase of milling wheat. The deadline to submit price offers for the tender is March 12th, with all offers valid until March 13th.
Posted to Maritime Reporter
on
March 6, 2025
The decision by Egypt to transfer its wheat import program to an entity affiliated with the military around four months ago was anything but smooth, as local prices have risen and stocks are falling, traders said. Egypt, which is one of the largest wheat importers in the world…
Posted to Maritime Reporter
on
March 3, 2025
The Egyptian Ministry of International Cooperation announced on Monday that Egypt and the European Commission had signed a soft funding agreement worth 90 million euros ($93.9 millions) to improve food security. The European Investment Bank's…
Posted to Maritime Reporter
on
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.
Posted to Maritime Reporter
on
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…
Posted to Maritime Reporter
on
February 13, 2025
European traders reported on Thursday that Algeria's state grain agency OAIC purchased between 360,000 and 400,000 metric tonnes of milling wheat at an international auction which ended on Wednesday. The purchase was less than the estimated amount of 550…
Posted to Maritime Reporter
on
February 11, 2025
The state grain agency of Algeria, OAIC, has announced an international tender for the purchase of a nominal 50,000 metric tonnes animal feed barley from origins that are optional. European traders confirmed this on Tuesday. The deadline to submit price offers for the tender is Friday, February 14.
Posted to Maritime Reporter
on
February 4, 2025
An Egyptian cabinet announcement on Tuesday revealed that Egypt's General Authority for Supply Commodities has signed a $700-million loan agreement with the Islamic Trade Finance Corporation to boost its efforts in food security. The loan is part of the ongoing cooperation between Egypt…
Posted to Maritime Reporter
on
January 28, 2025
Five engineers at the facility said that local protesters stopped the loading of crude oil onto tankers in the ports of Es Sidra and Ras Lanuf, Libya, on Tuesday. In a letter addressed to the state-run National Oil Corporation of the country last week…
Posted to Maritime Reporter
on
January 24, 2025
European traders reported on Friday that Algerian state agency ONAB was believed to have purchased between 25,000 and 35,000 metric tonnes of soymeal at an international tender up to 70,000 metric tons on Thursday. The shipment was to arrive by the 25th of February at the latest.
Posted to Maritime Reporter
on
January 16, 2025
On Thursday, European traders reported that the Algerian state agency ONAB had issued international tenders for up to 240,00 metric tons animal-feed corn and 35,000 tons feed barley. The deadline to submit price proposals in tenders is this Friday, January 17.
Posted to Maritime Reporter
on
January 9, 2025
European traders reported on Thursday that the Algerian state agency ONAB was believed to not have purchased any corn in an auction which ended on Tuesday. The tender called for 240,000 metric tonnes of corn, to be sourced exclusively from Argentina or Brazil.
Posted to Maritime Reporter
on
January 1, 2025
The mayor of Lampedusa, an Italian island, said that seven migrants had been rescued but that at least twenty were still missing. Their boat was en route from Libya to Italy when it sank. One of those who survived was an eight-year-old Syrian child, who hoped to join his German-based father.
Posted to Maritime Reporter
on
January 1, 2025
The port data viewed by revealed that Egypt's state grain purchaser, Mostakbal Misr for Sustainable Development received its first wheat shipment imported on December 30, 2018. The Mikhail Nenashev, carrying a shipment of 28,000 tons, arrived at Alexandria's port.
Posted to Maritime Reporter
on
December 29, 2024
In a statement issued on Sunday, the Environment Ministry did not reveal the nationalities involved. However, it confirmed that one tourist had been killed and another injured by a shark in Egypt's Marsa Alam Resort. Sharks are present in the Red Sea, but they are rare.
Posted to Maritime Reporter
on
December 26, 2024
Abdel Fattah al-Sisi, Egyptian president, said that the Red Sea events and regional challenges will cost Egypt $7 billion in revenue from the Suez Canal by 2024. Sisi, in a statement without giving any details, said that Egypt lost 60% of its canal revenues between 2024 and 2023.
Posted to Maritime Reporter
on
December 27, 2024
Two sources who have direct knowledge of the matter said that Egypt's state grain purchaser, Mostakbal misr for Sustainable Development (Mostakbal Misr), has secured enough wheat to cover Egypt's requirements through June 2025. Some traders…
