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February 24, 2025
At a Rome bilateral summit, the United Arab Emirates announced that it plans to invest 40 billion dollars in Italy. The two countries did not give a timeframe. Since taking office as Italian Prime Minister in 2022 Giorgia Mello has sought to strengthen ties with Gulf nations…
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February 21, 2025
Two sources familiar with the matter have confirmed that Brazil's state oil company Petrobras may cancel a tender for a production, storage and offloading vessel from India's Shapoorji pallonji Energy. Sources claim that the state-run company…
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February 20, 2025
According to calculations based upon data from industry sources, the offline primary oil refinery capacity of Russia in February has been revised up by 82% compared to what was originally planned for this month. In February, idle primary oil…
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February 20, 2025
Two sources with knowledge of the situation said on Thursday that oil loadings at Russia's Black Sea Port of Novorossiisk resumed on Tuesday night, after being idle for two consecutive days due to storms. The storm caused the suspension of oil loadings at the Russian Black Sea port Novorossiisk…
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February 20, 2025
The first meeting between Russia and the United States since the beginning of the Ukraine conflict was held to restore relations and prepare the ground for a peaceful resolution. What has been discussed so far? UKRAINE WAR Donald Trump, the U.S. president, says that he wants a quick end to the war.
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February 19, 2025
North Korean state-run media on Thursday criticised the United States over a nuclear submarine agreement with Australia signed under the AUKUS Partnership in 2021. A KCNA commentary said that Washington should be cautious about the consequences of what they called nuclear alliances.
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February 19, 2025
Richard Marles, Australia's Defence Minister, said that the country is closely monitoring the Chinese navy task force in its exclusive economic zone (EEZ) off the east coast. The ships do not pose a threat as they have not broken any maritime laws.
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February 19, 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 offers for the tender is February 25. Traders had expected a new announcement after Jordan failed to purchase 120…
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February 19, 2025
Goldman Sachs stated on Wednesday that a potential ceasefire in Ukraine and the resulting easing of sanctions against Russia is unlikely to increase Russia's crude oil flow. The administration of U.S. president Donald Trump said Tuesday that it had agreed to have more talks with Russia. In Ukraine.
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February 18, 2025
Shipbreaking is a global problem that requires urgent attention. On 15 km of coastline, Sitakunda is home to 30 ship-breaking yards. These yards recycle 38% of all dead ships in the world and provide steel scraps to Bangladesh's flourishing manufacturing industry.
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February 18, 2025
Asyad Shipping, a shipping company in Oman, announced on Tuesday that it will have as anchor investors a subsidiary owned by Qatar Investment Authority (QIA) and a local investment group owned by the Omani Government. Asyad Shipping - which transports liquefied gas (LNG)…
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February 18, 2025
The Philippine Coast Guard accused the Chinese Navy of dangerous flight maneuvers Tuesday after it flew near a government plane patrolling a disputed Shoal in the South China Sea. The Philippine Coast Guard said that the government fisheries…
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February 16, 2025
China's military condemned Monday the sailing of a Canadian Warship in the Taiwan Strait. It said its air and navy forces had monitored the ship and warned it, a mission which came only a few days following a similar mission by U.S. Navy vessels. Around once a week, the U.S.
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February 13, 2025
A senior official patrolling the busy Gulf of Finland ship lane on Thursday said that Estonia's Navy is ready to take action against vessels that are a threat to Baltic Sea infrastructure, even if they were in international waters. After a series power…
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February 13, 2025
Five sources and shipping data indicate that a few newer Chinese terminals have recently begun receiving oil tankers sanctioned from the U.S. This has provided logistical relief after a large port operator suddenly banned such deliveries last week.
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February 12, 2025
In a press conference broadcast on television in Moscow, Sudanese foreign minister Ali Yusef Sharif announced that an agreement had been reached to create a Russian Naval Base in Sudan. There are no obstacles, we are in total agreement. Sharif…
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February 12, 2025
European traders claim that the Feed Leaders Committee of South Korea (FLC) did not purchase any animal feed wheat in an international auction for up to 65,000 tons on Wednesday. FLC received an initial offer of $267.35 per ton, cost and freight included (c&f).
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February 12, 2025
Major Feedmill Group of South Korea (MFG) bought 115,000 metric tonnes of animal feed wheat on Wednesday in private deals without issuing a tender to the international market, European traders reported. A consignment of 55,000 tons was purchased for an estimated $265.00 per ton c&f…
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February 12, 2025
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling-wheat, from which the origin can be chosen, European traders reported on Wednesday. The deadline to submit price proposals in the tender is February 18.
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February 12, 2025
The Russian emergency ministry announced on Wednesday that some of the 300 Russians stranded in the Sea of Okhotsk, in the Western Pacific, refused to be evacuated. The ministry posted a message on Telegram saying that 109 fishermen were rescued by helicopters and boats…
