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January 5, 2026
A Turkish Foreign Ministry source said on Monday that the Turkish Foreign Minister will emphasize the "strategic importance" of maintaining the security in the Black Sea during a summit in Paris on Ukraine this week. Emmanuel Macron, the French president…
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December 24, 2025
European traders reported on Wednesday that Algeria's state grain agency, OAIC, is believed to have bought between 500,000 and 550 000 metric tons durum wheat at an international auction held Tuesday. For larger panamax shipments, the?purchase…
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December 23, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by changing output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…
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December 23, 2025
In a newspaper interview published on Tuesday, Dmitry Patrushev, the Deputy Prime Minister, said that low global prices have slowed down Russian grain exports during this marketing season. He also stressed that Russian grain remains in high demand.
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December 23, 2025
Bahrain's only oil refiner BAPCO Energies shipped its first diesel cargo in Australia for nearly two-and-a half years. This was based on data from shiptrackers, three sources of trade, and other sources. The company is ramping up production and exports as part of a capacity expansion.
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December 22, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by adjusting output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…
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December 21, 2025
Emmanuel Macron, President of France, confirmed his plans to build a larger and'more modern' aircraft carrier to replace the Charles de Gaulle carrier. This will boost France as a maritime superpower. Macron, who first touted these plans in 2020 was speaking to troops at a French base in Abu 'Dhabi…
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December 19, 2025
Ship tracking data revealed that a tanker under U.S. sanctions, carrying 300,000 barrels naphtha from Russia, entered Venezuelan waters on Thursday night, while another started re-routing course?into the Atlantic Ocean. This was a result of differing last-minute decisions made by ship owners…
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December 18, 2025
Washington imposed sanctions on 29 vessels, their management companies and related firms on Thursday as it targeted Tehran's alleged "shadow fleet" that exports Iranian oil and petroleum products. U.S. Treasury says the targeted vessels and…
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December 17, 2025
European traders reported on Wednesday that Jordan's state grain buyer has issued an international tender to purchase?up? to?120,000 metric tonnes of milling wheat, which can come from any origin. The deadline for submitting 'price offers' in the tender will be December 23.
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December 16, 2025
U.S. crude oil futures jumped more than 1% on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade against all sanctioned tankers that enter or leave Venezuela. U.S. Crude Futures rose 1.3% or 72 cents to $55.99 as of 0022 GMT.
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December 16, 2025
The defence ministry said that Turkey shot down a drone which was approaching its airspace above the Black Sea. The?ministry issued a statement saying that Turkish and NATO F-16 jets had been put on alert after the 'detection' of the drone.
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December 12, 2025
Winter storms, increased'security' risks and shorter daylight hours have caused delays for oil tankers traveling through the Turkish Straits. According to traders, the congestion is worsened due to increased security checks after recent attacks against tankers transporting Russian oil…
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December 10, 2025
European traders claim that Jordan's state grain purchaser bought about 120,000 tons animal feed barley in an international tender Wednesday, which sought the same volume. In two consignments of 60,000 tons, the total cost was estimated at $272.75 per ton.
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December 10, 2025
European traders said that Jordan's state grain buyer issued an international tender for the purchase of up to 120,000 metric tonnes of milling wheat. The origins can be optional, they added. The deadline to submit price proposals in the tender is December 16.
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December 9, 2025
Separatists in Yemen's south have taken control of large areas in an apparent power shift that could rekindle a civil war dating back 10 years after a long hiatus. This raises new uncertainty in a nation near major sea routes. Separatist Southern Transitional Council…
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December 9, 2025
Jordan's state grain?buyer bought about 60,000 metric tonnes?of hard-milling wheat to?be sourced?from optional origins on Tuesday, according to traders. They said that it was purchased from the Bulgarian trading company?Buildcom for an estimated cost of $263 per ton and freight included (c&f)…
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December 9, 2025
The SailGP team in Britain has signed Stuart Bithell to be their wing trimmer. This will reunite him with Dylan Fletcher who was his Olympic gold medal-winning partner at the Tokyo Games for the?49er. Bithell is a veteran of 'four' SailGP seasons…
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December 7, 2025
The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments ratchet sanctions up on those who skirt the sanctions will determine the final outcome. The West will need to move quickly…
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December 5, 2025
The transport ministry announced that the rescue operation was put on hold because of bad weather. The vessel has been identified as the sanctioned tanker Kairos. It was struck in the Black Sea by a Ukrainian drone last week in Turkey's Exclusive Economic Zone…