Posted to Maritime Reporter
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September 7, 2025
Emaar Misr for Development, an Egyptian real estate company listed on the Egyptian stock exchange, signed a contract to build a tourist development along the Egyptian Red Sea. The project is expected to generate investments of up to 900 billion Egyptian pounds (18.58 billion dollars).
Posted to Maritime Reporter
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September 23, 2025
Seatrium Limited, a Singapore-based company, announced on Tuesday that it had reached an agreement to sell the "surplus" AmFELS Yard Shipbuilding Facility in Texas to Karpowership. The price is $50.67million. AmFELS Yard in Brownsville buildsā¦
Posted to Maritime Reporter
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September 12, 2025
Market sources report that Malaysia's Pengerang Refining Company, or Prefchem, has sold more fuel oil with low sulphur straight runs (LSSRs) in a Friday-closed tender, due to the fact that a refinery that processes this fuel remained closed.
Posted to Maritime Reporter
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August 26, 2025
LSEG data and traders' reports show that Saudi Arabia and India were top destinations for Russian seaborne VGO and fuel oil exports. Middle Eastern and Asian nations are now the primary destinations of Russian fuel oil and VGO since the fullā¦
Posted to Maritime Reporter
on
July 23, 2025
According to traders and LSEG, Saudi Arabia was the number one destination for Russian fuel oil and vacuum gasoline (VGO) seaborne exports in June. The hot summer required increased energy consumption. The Middle East and Asia became the primaryā¦
Posted to Maritime Reporter
on
June 20, 2025
Trade and shipping data revealed that Russia increased its seaborne fuel oil exports and vacuum gasoil to India and Turkey during May, as the falling oil prices attracted buyers and the hot summer season demanded more fuel. The oil price fellā¦
Posted to Maritime Reporter
on
March 7, 2025
Trade and shipping data revealed that Russia's seaborne vacuum gasoil and fuel oil exports fell 15% from the previous months to around 3.3 millions metric tons in February due to lower production and weather conditions, including storms, delays and drone attacks.
Posted to Maritime Reporter
on
January 22, 2025
Sea coast, Houthiowned Al Masirah TV reported on Wednesday. Palestinian militant group Hamas. Council as saying. car provider's owner Galaxy Maritime. Houthi forces at sea on Nov. of war in Gaza. agreement. criminal activities and siege of the Gaza Strip, he said.
Posted to Maritime Reporter
on
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.
Posted to Maritime Reporter
on
July 24, 2024
The MPA announced on Wednesday that Hafnia Oil Tanker owner Hafnia is in discussions with Singapore's Maritime and Port Authority about transferring damaged naphtha cargo to a secure location. On July 19, the tankers Hafnia Nile, flying the Singapore flagā¦
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July 23, 2024
Authorities and a tanker operator reported that two large oil tanks caught fire after colliding on Friday near Singapore, which is the world's largest refuelling station. Two crew members were airlifted from the scene to the hospital, while others were rescued using life rafts.
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August 29, 2024
next month, data from trade sources and shiptrackers revealed. information and two trade sources. rates, stated LSEG Oil Research study experts in an e-mail. , and major trader Trafigura, the information showed. ADNOC and Trafigura both declined to comment. did not react to an ask for comment.
Posted to Maritime Reporter
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July 23, 2024
Yemen's Houthi Rebels damaged and destroyed a container ship flying the Singapore flag with two missiles Friday, as they intensified their attacks against global shipping in response to Israel's Gaza War. The Houthis, who are aligned with Iranā¦
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July 23, 2024
Malaysia's Coast Guard said on Saturday one of two large oil tanks involved in an accident that resulted in fires on both vessels had left the scene of the accident. It was also believed that the tracking system of that tanker had been turned off.
