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January 15, 2025
Italy, Albania and United Arab Emirates have signed a deal on Wednesday worth at least one billion euros ($1billion) for the construction of a subsea energy interconnection across the Adriatic Sea. "We believe strongly in this project, which…
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January 15, 2025
The semi-official Tasnim newspaper reported that the Iranian navy received its first signals spy ship on Wednesday. This comes just a few weeks after the army of Iran took delivery 1,000 new drones. Tasnim stated that the Zagros is an entirely new type of military vessel…
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January 14, 2025
In an international auction held on Tuesday, Jordan's state grain buyer bought about 60,000 metric tonnes of hard milling whey from optional origins. They said that it was estimated to have been purchased from CHS trading house at a cost of $267.60 per ton…
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January 14, 2025
Initial assessments indicate that nine trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer for 120,000 metric tonnes of wheat. Participants are believed to include Viterra, Al Dahra Ameropa Cargill CHS Buildcom Cerealcom Dolj Olam and Aston.
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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.
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January 8, 2025
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price proposals in the tender is January 14. The traders had expected an announcement after Jordan bought 60…
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January 7, 2025
Donald Trump, the Republican U.S. president-elect, held a presser on Tuesday. He spoke about NATO, Israeli hostages, and his desire for the U.S.A. to purchase Greenland. Elon Musk was also mentioned, as well as speculations about Canada becoming an American state. Before his Jan.
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January 7, 2025
Published a special report based on leaked emails last year that showed how Iranian oil company Sahara Thunder moved around the globe. The story shows the journeys of tankers carrying Iranian crude oil and the methods they use to avoid detection.
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January 7, 2025
refinery and pipeline changes reshuffled trade routes. and providers and purchasers split into areas. exports to Europe declined and more U.S. oil went to Europe. been rerouted to India and China. have shut in Europe in the middle of ongoing attacks on Red Sea shipping.
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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.
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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.
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December 30, 2024
Karpowership of Turkey, the owner of a fleet of floating power plants, announced on Monday that it is just one of several options being considered for providing electricity in Syria. After rebels supported by Turkey overthrew Bashar al Assad in Syria's neighbouring country this month…
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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.
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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…
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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.
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December 26, 2024
According to LSEG, a sanctioned LNG-tanker named "Mulan", that approached Novatek’s SAAM FSU floating store facility in Murmansk in December 21, is now sailing around Northern Europe on its way towards Port Said, Egypt. The vessel should arrive at its destination by January 6, 2025.
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December 24, 2024
Initial assessments by European traders indicate that Algeria's state grain agency OAIC bought milling wheat at an international auction which ended on Tuesday. They reported that the cost of a metric tonne, including freight and cost (c&f), was between $257 and $258.
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December 23, 2024
( VGO) exports in November, according to traders and LSEG information. according to Reuters computations based upon LSEG data. products. million loads. million loads. according to market sources. refining feedstock swimming pool as more affordable alternative to Urals crude. also in China. Canal.
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December 21, 2024
Both pilots were forced to evacuate after the U.S. military accidentally shot down one its fighter planes over the Red Sea on Sunday morning. U.S. Central Command released a statement saying that both were rescued with one suffering minor injuries…
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December 20, 2024
The Israeli military claimed that it did not intercept a Yemeni missile which fell early Saturday morning in the Tel Aviv/Jaffa region. According to the ambulance service, 14 people suffered mild injuries. The ambulance service reported that…
