European Union News

 

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

May 22, 2026

The EU will temporarily lift customs duties on key nitrogen-based fertilizers such as urea and ammonia for one year to mitigate the knock-on effects of the Iran war, the Council of the EU said on Friday.Global fertiliser prices have jumped following the near total closure of the Strait of Hormuz, a narrow shipping route along Iran's coast through which around one-third of global fertiliser trade passes…

Ports Welcome EU Strategy with Some Reservations

Mar 08, 2026

The European Commission launched its EU Ports Strategy on March 4, and Europe’s ports have welcome it, saying it recognizes the vital role ports are playing for Europe’s economy and society.“The EU Ports Strategy is based on a good understanding of what ports are…

FranceAgriMer Cuts Non-EU Wheat Export Forecast, Increases EU Shipments

Jan 14, 2026

Farm office FranceAgriMer on Wednesday cut its forecast for French soft wheat exports outside the European Union in 2025/26, to 7.50 million metric tons from 7.60 million expected last month, but still more than double the volume shipped in 2024/25…

Logistics News

Shipping Costs Spike Amidst Iran War Anxiety

Shipping Costs Spike Amidst Iran War Anxiety

Ammonia-Fueled Vessel Delivered to EXMAR

Ammonia-Fueled Vessel Delivered to EXMAR

China Oil Imports Collapse; Down 29%

China Oil Imports Collapse; Down 29%

Western Africa Import of Clean Petroleum Crashes 44% YOY

Western Africa Import of Clean Petroleum Crashes 44% YOY

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There are some flights to the Middle East that have resumed but there is still disruption.
Wall Street indexes drop 1% due to tech and Iran War worries
Taliban: Pakistani air strikes in Afghanistan kill at least 13, Taliban claims