AGP Executive Report
Last update: 8 hours agoEnergy Trading: Malta-headquartered Alkagesta reported first-half 2026 revenue of $3.5 billion, up 53% in trading volumes, and expects full-year volumes to exceed 10 million tonnes. It also expanded into aviation fuel and crude oil. Ports and Logistics: A.P. Moller Capital agreed to buy Portek International, whose seven terminals include a Malta operation, from Mitsui. The deal remains subject to approvals; Portek’s terminals handle about 700,000 containers a year. Business Support: €45 million in EU grants is supporting more than 700 Maltese business projects. Tourism: WTTC members pledged $2 billion in new tourism investment in Malta during the recent global summit. Maritime Security: A Maltese-flagged cargo ship was struck by drones off Bulgaria; its crew was evacuated safely, while attacks on nearby Black Sea shipping continue to raise risks for commercial operators.
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