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March 26, 2026
Algeria's state grain agency OAIC bought around 690,000.00 metric tons milling wheat in an international tender that closed on Thursday, European traders reported. They said that the cost of a metric tonne, including freight and cost (c&f), was around $272.
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March 26, 2026
European traders claim that Algeria's state grain agency OAIC bought?milling Wheat in an international bid which closed on Thursday. They said that initial purchases were reported at around $272 per metric ton, including cost and freight. Initial…
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March 26, 2026
A senior Iranian official said that Iran's initial reaction to the U.S. proposal, which was emailed to Pakistan,?was a characterization of it as "unfair and one-sided". He added that there might be a way forward if Washington acted with realism.
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March 26, 2026
The Turkish transportation minister confirmed that a drone had struck a crude oil tanker from Turkey, which was leaving Russia. This caused an explosion near the Bosphorus Strait in Istanbul's Black Sea. Abdulkadir Uraloglu, the minister of transportation…
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March 26, 2026
NTV reported that a Turkish crude oil tanker named the "Altura" was struck by a drone about '15 nautical miles (28 km) from Istanbul in the Bosphorus Strait. Its 27 crew members were unharmed. According to data from ship tracking, the vessel…
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March 25, 2026
Eduard Ruijs is the head of investment for Vitol. The company investing in this project, says that the final investment decision will be made in the Delfin LNG project, offshore Louisiana, in a few weeks or months. Ruijs said that the '13.2…
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March 25, 2026
European traders reported that Taiwan's MFIG buying group?bought 65,000 metric tonnes of?animal?feed corn expected to be sourced _from the United States?in an international tender held on Wednesday. The yellow corn purchased was at a premium estimated to be 199.95?U.S.
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March 25, 2026
According to documents and data on shipping, U.S. suppliers shipped approximately 30,000 barrels of fuel this year to Cuba's private industry. This suggests a Trump administration plan to give the private sector a boost over state-run enterprises is in full swing.
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March 24, 2026
?European Traders reported on Tuesday that Algeria's state grain agency OAIC had issued an international?"tender" to?buy flour milling. The tender stipulated shipment in two periods: June 1-15, and June 16-30. The traders stated that if the wheat is from South America…
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March 24, 2026
Vitol, a global?commodities?trading?house, said on Tuesday that it would increase its revenues and trade more oil by 2025 as compared to 2024. The firm reported that the trading house's turnover grew by 3.6% last year to $343 billion, with its…
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March 24, 2026
Shipping data show that Saudi Arabia's Red Sea Yanbu port exported nearly 4 million barrels of crude oil per day in the past week. This is a significant increase over exports before the Iran War broke out. Saudi Aramco is working on a plan that…
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March 23, 2026
The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…
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March 23, 2026
Japan Petroleum Association President Shunichi Kito said on Monday that North America was a potential source of alternative crude oil for Japanese refiners. Ecuador, Colombia, and Mexico were also considered as options. Oil buyers around the…
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March 23, 2026
The?U.S. The?U.S. Bessent also ruled out any calls for tax increases in the "Meet the Press'" program on NBC News. Congress is sceptical about the U.S. government's request to spend $200 billion more on the Iran war after spending large amounts of money for defense last year.
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March 16, 2026
Sanae Takaichi, the Prime Minister of Japan, said on Monday that Japan has no plans to send naval vessels to escort vessels around the Middle East. Donald Trump has called on allies in the Middle East to help protect tankers that are traversing the Strait of Hormuz.
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March 15, 2026
Sanae Takaichi, Japan's Prime Minister, said that the country does not plan to send naval vessels to escort ships in a?Middle East? after Donald Trump asked allies to escort oil tankers through Strait of Hormuz. "We have not taken any decision about dispatching escort vessels." Takaichi…
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March 14, 2026
The manager of Maran Tankers, said that a Greek-flagged vessel, the Maran Homer was struck by an unidentified object on 'Saturday as it waited for orders to enter Caspian Pipeline Consortium Terminal (CPC) at Novorossiysk. The vessel was struck…
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March 13, 2026
An Indian government official announced on Friday that the Indian flagged 'oil tanker Jag Prakash is now sailing from the east of the Strait of Hormuz. It will be delivering gasoline from Oman into Africa. Gulf shipping has been disrupted for the last two weeks, as Iran retaliates against the U.S.
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March 13, 2026
Sources said that Italian authorities are considering how to handle a Russian "liquefied gas tanker" left adrift in the Mediterranean following what Moscow "described" as a Ukrainian drone strike, according to sources. The Russian transport ministry reported that Ukrainian drones…
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March 13, 2026
European traders reported that a group of 'South Korean flour mills' bought an estimated 50,000 metric tons of'milling wheat? to be sourced from United States at an international auction on Friday. The purchase included several different types of wheat and all were purchased on a FOB basis.