Wednesday 22 April 2015
 
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Black Sea

Iran buys 85,000-tonnes wheat in first deals for weeks

Private Iranian companies have bought about 85,000 tonnes of wheat to be sourced from the European Union and Black Sea regions in their first purchases for several weeks, European traders said on Thursday. The grain was for March

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Abu Dhabi group unveils Black Sea development plan

Abu Dhabi Financial Group (ADFG), the UAE-based multi-billion-dollar alternative investment firm primarily focused on financial services and real estate, plans to develop a vast site on the Black Sea in Bulgaria at an investment of over €50

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Iran seals new deal to buy wheat, seeking more

Iran has bought 50,000 tonnes of Black Sea wheat, trade sources said on Wednesday, as the Islamic Republic tries to bolster stocks from global markets due to a lower-than-expected domestic harvest. The cargoes were purchased by st

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Cargo ship sinks off Istanbul; 12 crew missing

Turkish rescuers were searching for eleven Ukrainian and one Russian crew members on Tuesday after their cargo ship sank in a storm off Istanbul's Black Sea coast, the coastal safety authority said. The Volgo Balt 199, which w

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Cargo ship sinks off Istanbul; 12 crew missing

Turkish rescuers were searching for eleven Ukrainian and one Russian crew members on Tuesday after their cargo ship sank in a storm off Istanbul's Black Sea coast, the coastal safety authority said. The Volgo Balt 199, which w

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Russia sends Black Sea warship to Syria

Russia dispatched a destroyer-class warship to Syria on Tuesday from its Black Sea fleet, a source in the Russian Navy told Reuters. Destroyer Smetlivy, which patrolled waters off the coast of Syria in April and May, was seen leaving the B

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Rosneft, ExxonMobil ink strategic Arctic deal

Russian oil giant Rosneft said it has joined forces with ExxonMobil for the development of Arctic and Black Sea resources and also inked a deal to expand technology sharing and implement joint global projects. Rosneft president Eduard Khu

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