Posted to Maritime Reporter
on
July 1, 2025
The E1 World Championship in electric powerboat racing is looking for 20 million euros (about $23,55 million) to help fund its growth. This series has already been backed by many of the biggest names in sports and entertainment. The team owners include Will Smith…
Posted to Maritime Reporter
on
July 1, 2025
In an international auction held on Tuesday, Jordan's state grain buyer bought about 60,000 metric tonnes of hard milling whey from optional origins. They said that it was estimated to have been purchased from Bulgarian Trading House Buildcom…
Posted to Maritime Reporter
on
July 1, 2025
On Tuesday, European traders reported that the Algerian state agency ONAB had issued a tender for up to 240.000 metric tons animal feed corn from optional origins. They said that the deadline for submitting price offers to the tender is on Wednesday, July 2.
Posted to Maritime Reporter
on
June 30, 2025
European traders reported on Monday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price offers for the tender is on Wednesday, July 2.
Posted to Maritime Reporter
on
June 30, 2025
Jordan's national grain buyer issued an international bid to purchase up to 120,000 tons of milling, wheat that can come from any origin, European traders reported on Monday. The deadline to submit price offers for the tender is Tuesday July 1.
Posted to Maritime Reporter
on
June 25, 2025
Donald Trump stated on Wednesday that the U.S. had not ceased its maximum pressure against Iran, including restrictions on the sale of Iranian oil. However, he indicated a possible easing in enforcement for the benefit of the country's rebuilding.
Posted to Maritime Reporter
on
June 24, 2025
Donald Trump stated on Tuesday that China could continue to buy oil from Iran, after the U.S. attacked the OPEC members nuclear facilities. He also hoped China would purchase "plenty" from the United States. "China can continue to buy Oil from Iran." "Hopefully…
Posted to Maritime Reporter
on
June 23, 2025
Insurance sources reported on Monday that war risk insurance rates for shipments into the Middle East Gulf region have increased to 0.5%, up from 0.2-0.3% one week earlier. This is due to U.S. strikes on Iran's nucleus facilities and the growing dangers to the Strait of Hormuz.
Posted to Maritime Reporter
on
June 23, 2025
European traders reported on Monday that the Algerian state agency ONAB had issued a tender for a new international purchase of up to 240.000 metric tons animal feed corn from optional origins. They said that the deadline for submitting price offers to the tender is Tuesday 24th June.
Posted to Maritime Reporter
on
June 23, 2025
Oil prices dropped 1% on Monday, after reaching a five-month peak. Markets were trying to gauge the effect of U.S. airstrikes on Iran over the weekend on the transit of oil and natural gas through the Strait of Hormuz. Brent crude futures fell 70 cents or 0.9% to $76.31 per barrel at 10:46 am ET.
Posted to Maritime Reporter
on
June 23, 2025
Marine Traffic's ship tracking data revealed on Monday that three empty oil and chemicals tankers had diverted from the Strait of Hormuz, and changed their course. This was amid increasing uncertainty about whether Iran would retaliate in the crucial waterway following U.S.
Posted to Maritime Reporter
on
June 23, 2025
The Agriculture Ministry announced on Monday that Egypt imported 4.9 millions metric tons wheat, 4.2million tons corn, and 2.2million tons soybeans this year. Egypt imported 7.1 million tonnes of wheat last year, along with 4 million tons corn and 1.8 millions tons of soybeans, from January to June.
Posted to Maritime Reporter
on
June 22, 2025
Iran's Supreme National Security Council will make the final decision about whether the Strait of Hormuz is closed following U.S. airstrikes, Press TV reported on Sunday. The move was reportedly supported by the Iranian parliament. Iran has used the threat to close the Strait of Hormuz…
Posted to Maritime Reporter
on
June 20, 2025
Maersk, a container shipping company, announced on Friday that it temporarily suspended vessel calls to Israel's Haifa Port due to regional tensions. The Danish company stated that it had not experienced any other disruptions in its planned operations in the area.
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 fell…
Posted to Maritime Reporter
on
June 19, 2025
European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price offers is Friday, June 25. Traders had expected a new announcement after Jordan failed to purchase 120…
Posted to Maritime Reporter
on
June 18, 2025
Shell CEO Wael Sawan stated on Thursday that the oil and natural gas giant was "very cautious" about its shipping through Middle East due to the escalating conflict in the Middle East between Israel and Iran. Thursday, the Iran-Israel air conflict entered its seventh day.
Posted to Maritime Reporter
on
June 18, 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 24 June. The traders had anticipated an announcement following Jordan's purchase of 60…
Posted to Maritime Reporter
on
June 15, 2025
European traders reported on Sunday that Algeria's state grain agency OAIC had issued a tender for soft milling wheat from origins of choice. Algeria usually buys more than the nominal amount sought in its tenders. The deadline to submit price offers for the tender is Tuesday June 17.
Posted to Maritime Reporter
on
June 10, 2025
The official gazette reported on Tuesday that Egypt had allocated a plot of 174 square kilometers (67 square miles) on the Red Sea Coast to the Finance Ministry for use in Islamic Bond issuances as well as in efforts to reduce the country's debt.
