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April 14, 2026
Shipping data revealed that a Chinese 'tanker' sanctioned by the United States sailed through the Strait of Hormuz on a Tuesday despite the U.S. blocking the choke point. Data from LSEG MarineTraffic, Kpler and?MarineTraffic showed that the…
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April 11, 2026
Three supertankers sailed through the Strait of Hormuz Saturday, according to shipping data. These vessels were 'apparently' the?first vessels?to leave the Gulf after the U.S. Iran ceasefire agreement and just as the peace talks in Pakistan began.
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April 10, 2026
A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…
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March 24, 2026
Reliance Industries in India, the operator of the largest refining facility in the world, has purchased 5,000,000 barrels of Iranian oil days after the U.S. lifted temporary sanctions on the oil. Two sources confirmed that the Indian refiner purchased the oil from National Iranian Oil Co.
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March 6, 2026
Shell's petrochemical complex in south China, a joint venture with China's CNOOC plans to shut down a steam breaker "soon". It has also informed domestic customers that it is unable to provide certain products. CNOOC & Shell 'Petrochemicals Company Ltd…
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March 10, 2026
Sources say that a growing number of refineries in Southeast Asia, who are dependent on Middle East oil for their production, have reduced output due to the U.S./Israeli war against Iran. Sources say that the conflict has halted all shipments across the Strait of Hormuz.
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March 5, 2026
China has asked firms to stop signing new contracts for the export of refined fuel and to cancel any shipments that have already been made, due to the escalating conflict in the Middle East. People said that the call did not cover jet fuel for international flights or bunkering in bonded containers…
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March 2, 2026
The insurance companies have canceled war risk coverage on vessels in the Gulf due to the increasing conflict with Iran. This has caused at least four damaged tankers, two deaths of seafarers and 150 stranded ships around the Strait of Hormuz.
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March 2, 2026
A number of marine insurers have announced that they are cancelling their war risk coverage for ships because of the conflict in the Gulf and Iran. According to notices posted on their websites dated March 1, insurers such as?Gard?, Skuld?, NorthStandard?…
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September 12, 2025
The United States announced a new round of sanctions on Yemen's Houthis, claiming that it was the largest action Washington has taken against the Iran-aligned organization. The U.S. Treasury Department announced that it would issue sanctions against 32 people and entities…
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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
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
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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November 21, 2025
China imports unusually large amounts of crude oil, traders claim. This is to hide shipments of Iranian crude that are being transshipped off the coast of Malaysia. Market participants claim that traders have been using the tactic to sell Iranian crude as Malaysian oil for years…
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November 21, 2025
China imports unusually large amounts of crude oil, traders claim. This is to hide shipments of Iranian crude that are sanctioned and trans-shipped off the coast of Malaysia. Market participants claim that traders have been using the tactic to sell Iranian crude as Malaysian oil for years…
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September 11, 2025
Thursday, the United States announced a new round of sanctions against Yemen's Houthis. The Trump administration claimed that this was the largest action Washington has taken to date in response to the Iran-aligned organization. In a press release, the U.S.
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September 10, 2025
The Indian ACME Group and Japan's IHI Corp will form a joint venture to develop one of India's largest green-ammonia projects, located in the state of Odisha in the east. The companies have not disclosed the exact details of their investment.
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June 23, 2025
Insurance sources reported on Monday that war risk insurance rates for shipments into the Middle East Gulf region have increased to 0.5%, up from 0.2-0.3% one week earlier. This is due to U.S. strikes on Iran's nucleus facilities and the growing dangers to the Strait of Hormuz.
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January 22, 2025
Sea coast, Houthiowned Al Masirah TV reported on Wednesday. Palestinian militant group Hamas. Council as saying. car provider's owner Galaxy Maritime. Houthi forces at sea on Nov. of war in Gaza. agreement. criminal activities and siege of the Gaza Strip, he said.
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November 7, 2024
ADNOC Logistics & Services has signed contracts for $4.4 billion in order to build 23 supertankers that will transport ethane and ammonia, as well as liquefied gas. This was reported by the UAE state news agency on Thursday. ADNOC CEO Abdulkareem Al Masabi stated that the company…