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January 13, 2025
Data released on Monday showed that China's crude imports dropped 1.9% in 2024. This was the first decline in over two decades, outside of pandemics. The data also revealed that fuel demand peaked and a tepid economy growth dampened purchases.
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January 10, 2025
Emergency services reported on Friday that a tugboat had stopped a Panama flagged tanker, carrying 99,000 metric tonnes of oil, from drifting uncontrollably off the coast of Germany's Baltic Sea near Ruegen. It said that the 274-metre tanker…
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January 10, 2025
stated. South America or South Africa just. South Korea. The seller was stated to be trading house ADM. port unloading for May 20 arrival in South Korea. stated to be trading house Olam. estimates of prices and volumes are possible later on. March 22 and April 10 if sourced from the U.S.
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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 8, 2025
The Feed Leaders Committee of South Korea (FLC) purchased approximately 65,000 metric tonnes of animal feed wheat from the United States on Wednesday in a private transaction without issuing a tender to international buyers, European traders reported.
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January 8, 2025
The agriculture ministry said on Wednesday that the introduction of Ukraine's new export regime, which will apply to most agricultural products starting Dec. 1, has caused a drop in farm exports for December. The government has introduced minimum export prices and new controls over shipments…
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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 6, 2025
Two sources familiar with the situation said that on Sunday, the Biden administration intends to increase sanctions against Russia for its war in Ukraine. They will target its oil revenues by targeting tankers transporting Russian crude. The…
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January 6, 2025
understanding of the matter said on Sunday. workplace on Jan. complaints about the expense of U.S. support for Ukraine. will be. barrel cost cap, the sources stated. so-called shadow fleet of aging ships to evade the cap. professionals say. Since Russia's February 2022 invasion of Ukraine, the U.S.
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January 3, 2025
Venezuelan oil exports increased 10.5% in the last year, despite the political instability of the country and the changes made to the U.S. sanction regime. This was due to partners of the state oil company PDVSA taking more cargoes with licenses issued by Washington.
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January 1, 2025
Rio Tinto, a miner in Australia, said that a deckfitter aboard its bulk carrier traveling from China to Western Australia had been reported missing the previous week. The Philippine Coast Guard is leading a search-and-rescue operation. Rio Tinto…
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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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December 31, 2024
On Tuesday, Ukrainian military intelligence reported that one of their naval drones destroyed a Russian helicopter in the Black Sea and damaged another. Ukraine's GUR intelligence agency reported on Telegram that a Magura V5 naval drone with…
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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 30, 2024
The Finnish Coast Guard said Monday that it would deploy one of its patrol boats and a towboat to help an oil tanker in the Gulf of Finland after its engine failed. It was trying to avoid environmental damage. The coast guard reported that the 183-metre-long (600-foot-long) M/T Jazz…
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December 29, 2024
State media KCNA reported on Monday that North Korean leader Kim Jong Un celebrated the completion a new fish farming facility in the east and called for the development of rural areas. This was amid concern over the chronic economic problems.
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December 29, 2024
Authorities in Moldova's. separatist Transdniestria region on Sunday cut off gas products. to numerous state institutions as a deal enabling Russian gas to. transit through Ukraine concerns an end at the close of the. year. The cutoff was enforced 2 days before the transit deal runs.
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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.
