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February 24, 2026
The Danish defence ministry announced on Tuesday that Ukrainian drone manufacturer 'Skyfall' is in discussions with the country about becoming the'second defence firm from the war-torn nation to set up production on Danish soil. The firm stated…
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February 24, 2026
The demand for its customs brokerage services helped Expeditors international of Washington to report a profit and revenue in the fourth quarter that exceeded Wall Street expectations. Customs-related activities have increased as a result of President Donald Trump's new trade policies.
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February 24, 2026
Italian yacht manufacturer Ferretti announced a 6.7% increase in its core profit for the full year, as well as a 47% jump in orders of made-to measure?yachts. Last year, adjusted?earnings prior to interest, taxes and depreciation (EBITDA), a measure of earnings before interest…
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February 24, 2026
?European Traders reported that Algeria's state grain agency OAIC bought a?milling?wheat in an international tender? which closed?? on Tuesday. They said that the initial cost of a metric tonne, including freight and costs, was $257, $259, and $260.
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February 24, 2026
Sources and data indicate that trading houses and buyers of Venezuelan oil chartered the very large crude carriers to export from the South American nation since the Caracas-Washington deal was signed. This is expected to increase shipments to India and speed up the process starting in March.
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February 24, 2026
The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuela…
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February 24, 2026
The largest refinery in Romania,?Petromidia?, located on the Black Sea, will close in March for a scheduled review, according to its owner. This could result, among other things, in a reduction of fuel supplies and an increase in prices. Rompetrol Rafinare is the owner of the refinery.
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February 24, 2026
A major military conflict between the U.S., Iran and other Middle Eastern countries could cause a disruption of oil supplies in the region. It could be that the vast oil reserves held by both the U.S.A. and China are crucial in controlling it.
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February 24, 2026
Industry sources claim that the cost of shipping crude oil has risen?to its highest level in six years. This is due to a surge of crude exports out of the Middle East, as traders rush to book charters before a possible conflict between the U.S.
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February 24, 2026
China has banned the export of dual use items to 20 'Japanese companies that supply Japan military', announced the Commerce Ministry on Tuesday. This is the latest in a series of disputes between Beijing and Tokyo. China uses its influence over supply chains to increase pressure on 'Tokyo'…
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February 24, 2026
The Pentagon announced a?on?Tuesday that U.S. forces had captured an oil?tanker sanctioned in the Indian Ocean, after tracking it from Caribbean waters. It was the third such?interdiction. The U.S. Department of Defense announced in a post to X that its forces had boarded Bertha over night.
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February 24, 2026
Etihad Airways announced a nearly 50% increase in 'net profit' to $698m last year. The?carrier stated on Tuesday that increased capacity supported strong market demand and lifted the load factor. "We have invested a lot in our product and customer satisfaction.
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February 24, 2026
The 2026 RORC Caribbean600?emerged with a spectacular launch from Fort Charlotte, Antigua. An international fleet set out on a nonstop 600-mile journey around '11 Caribbean Islands in what promises to a be a thrilling 17th edition. "15 knots trade winds…
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February 24, 2026
Sources familiar with the matter say that Pengerang Refining Company in Malaysia (Prefchem), has reduced 'output' at its refinery after it closed one of two units for repairs - until April. They added that this has resulted in a decrease in exports of refined goods for the month.
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February 24, 2026
A major military conflict between the U.S., Iran and other countries could cause a disruption of Middle East oil supply. It could be that the vast oil reserves held by the U.S. or China are crucial in controlling it. As the American military builds up in the region…
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February 24, 2026
The'service' said on Monday that a drawing of a swastika, which appeared at the U.S. Coast Guard’s?primary recruiting training center in New Jersey, was removed and that the incident had been referred to a forensic investigator for further investigation. In a press release, a U.S.
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February 24, 2026
Panama published a Supreme Court decision on Monday in its official gazette canceling a number of port contracts held by a subsidiary CK 'Hutchison. This cleared the way for a Maersk APM Terminals temporary takeover. This publication is the…
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February 24, 2026
Antonio Costa, the President of the European Council on Monday, urged Hungarian Prime Minister Viktor Orban 'to honour a 'deal for a 90-billion euro loan ($106.11billion) to Ukraine. Budapest had said that it would 'block the plan unless Russian…
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February 24, 2026
In a'speech' published on Monday, the chief executive of TKMS, a -German warship builder - called for consolidation in the defence.industry. He said that money alone cannot build ships, and that the deciding?factor is how quickly industry and clients can act together.
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February 23, 2026
A government document seen by revealed that Uganda is looking to connect a new rail line it's building with one being built in Tanzania. This could potentially open up a 'new export route for minerals like iron ore, gold and copper. Uganda exports most of its goods via the Kenyan port in Mombasa.
