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January 1, 2025
The mayor of Lampedusa, an Italian island, said that seven migrants had been rescued but that at least twenty were still missing. Their boat was en route from Libya to Italy when it sank. One of those who survived was an eight-year-old Syrian child, who hoped to join his German-based father.
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January 1, 2025
The port data viewed by revealed that Egypt's state grain purchaser, Mostakbal Misr for Sustainable Development received its first wheat shipment imported on December 30, 2018. The Mikhail Nenashev, carrying a shipment of 28,000 tons, arrived at Alexandria's port.
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December 30, 2024
Karpowership of Turkey, the owner of a fleet of floating power plants, announced on Monday that it is just one of several options being considered for providing electricity in Syria. After rebels supported by Turkey overthrew Bashar al Assad in Syria's neighbouring country this month…
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December 29, 2024
In a statement issued on Sunday, the Environment Ministry did not reveal the nationalities involved. However, it confirmed that one tourist had been killed and another injured by a shark in Egypt's Marsa Alam Resort. Sharks are present in the Red Sea, but they are rare.
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December 27, 2024
Two sources who have direct knowledge of the matter said that Egypt's state grain purchaser, Mostakbal misr for Sustainable Development (Mostakbal Misr), has secured enough wheat to cover Egypt's requirements through June 2025. Some traders…
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December 26, 2024
Abdel Fattah al-Sisi, Egyptian president, said that the Red Sea events and regional challenges will cost Egypt $7 billion in revenue from the Suez Canal by 2024. Sisi, in a statement without giving any details, said that Egypt lost 60% of its canal revenues between 2024 and 2023.
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December 26, 2024
According to LSEG, a sanctioned LNG-tanker named "Mulan", that approached Novatek’s SAAM FSU floating store facility in Murmansk in December 21, is now sailing around Northern Europe on its way towards Port Said, Egypt. The vessel should arrive at its destination by January 6, 2025.
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December 24, 2024
Initial assessments by European traders indicate that Algeria's state grain agency OAIC bought milling wheat at an international auction which ended on Tuesday. They reported that the cost of a metric tonne, including freight and cost (c&f), was between $257 and $258.
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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.
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December 21, 2024
Both pilots were forced to evacuate after the U.S. military accidentally shot down one its fighter planes over the Red Sea on Sunday morning. U.S. Central Command released a statement saying that both were rescued with one suffering minor injuries…
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December 20, 2024
The Israeli military claimed that it did not intercept a Yemeni missile which fell early Saturday morning in the Tel Aviv/Jaffa region. According to the ambulance service, 14 people suffered mild injuries. The ambulance service reported that…
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December 20, 2024
Sources and LSEG shipping information showed that a second shipment of 54,000 metric tonnes of Russian wheat, out of the 430,000 Egypt purchased in September, left the port at Novorossiysk last Friday. The Russian agricultural watchdog confirmed…
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December 18, 2024
European traders claim that Algeria's state grain agency OAIC purchased durum wheat at an international auction on Wednesday. Uncertainty surrounded the volume of goods purchased. Initial estimates by traders put the volume of purchase between 350…
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December 18, 2024
The national guard reported on Wednesday that the Tunisian Coast Guard had recovered the bodies 20 African migrants after their boat sank just off the coast. This is the second drowning of migrants in one week. The Tunisian coast guard recovered nine bodies last Thursday.
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December 17, 2024
Initial assessments indicate that seven trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer for 120,000 metric tonnes of wheat. Participants are believed to include CHS, Cargill Viterra, Ameropa Cereal Crops, and Buildcom.
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December 17, 2024
The Iranian judiciary’s Mizan News Agency reported on Tuesday that Iran will auction off two seized oil tanks involved in oil smuggling. Mizan quoted a judiciary official saying that "Two oil tanks Sagha 2... and Ariana... would be sold at the auction".
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December 16, 2024
Analysts report that the Northwest European imports for residual fuel oil in November were at their highest level in three years. This was due to a rush to replenish the scarce supply of high sulphur fuel oils (HSFO). The Amsterdam-Rotterdam-Antwerp (ARA) area…
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December 14, 2024
The Greek coastguard reported on Saturday that Greek authorities had recovered a body and rescued 39 migrants after their boat capsized in the Mediterranean off the southern island Gavdos. Witnesses report that many are still missing. The coastguard…
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December 10, 2024
Satellite images show that Russian naval vessels have left Moscow's Tartous base on Syria's coastline and some have dropped their anchors offshore after the overthrow by rebel forces of Syrian President Bashar Al-Assad. A photo taken by Planet…
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December 10, 2024
Initial assessments indicate that five trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer for 120,000 metric tonnes of wheat. CHS, Viterra Al Dahra Ameropa Cereal Crops were thought to be participants.
