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April 23, 2026
Sources said that Russia increased its liquefied gas exports to China by 21% in March compared to February. This was due to the increase in trading after the Chinese New Year holiday and the lack of Middle East supplies. Due to European sanctions…
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April 23, 2026
In a Thursday tender, the Taiwan Flour 'Millers Association' purchased an estimated 105.950 metric tons of milling wheat from the United States. Two consignments were shipped from the U.S. Pacific Northwest Coast. The traders reported that a…
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April 23, 2026
The General Food Security Authority announced on Thursday that Saudi Arabia has released a tender for the 'purchase of 710,000 metric tons? of wheat. The authority stated that delivery is expected to take place between June and August. European…
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April 23, 2026
After the closure of the Strait of Hormuz, policymakers in Asia have been forced to consider the safety of other chokepoints on the sea, such as the Strait of Malacca. This is the busiest waterway in the world for international trade. What is the Malacca Strait?
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April 23, 2026
Pakistan LNG Limited issued a?first spot tender for liquefied gas (LNG),?since 2023, amid supply shortages triggered by?U.S. and Israeli war against?Iran. According to an advertisement published on Thursday, the company is "seeking bids" from…
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April 22, 2026
India will import 2.5 million metric tonnes of urea at a record price, according to government sources, nearly twice the amount paid just two months earlier. The conflict in Iran is disrupting 'global' supplies. The record purchases will tighten the global supply…
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April 22, 2026
Government sources say India will import 2.5 million metric tonnes of urea at a price nearly twice as high as two months ago, due to the Iran conflict disrupting global supplies. The record purchases will tighten the global supply, and drive up prices…
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April 22, 2026
Shipping executives at the FT 'Commodities - Global Summit on Wednesday said that Asian ship owners - who have a greater risk tolerance - may soon begin sailing through the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.
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April 22, 2026
According to maritime security'sources' and United Kingdom Maritime Trade Operations (UKMTO), at least three container ships were hit by gunfire on Wednesday in the Strait?of?Hormuz. Iran has placed restrictions on the use of the Strait by ships, initially in retaliation to the U.S.
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April 22, 2026
China reported that a group, including a destroyer, returned to China on Wednesday after testing its far-sea capabilities. The Eastern Theater Command of the People's Liberation Army has reported that vessel formation 133 has completed training…
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April 21, 2026
Sources in the industry said that marine?fuel suppliers are facing a shortage of high-density low-sulphur crude, also known as heavy sweet oil, to blend because of the competition between refiners. The Iran war has disrupted Middle?East imports.
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April 21, 2026
Azalea is a unit owned by Seviora Holdings, a Singapore asset manager, and indirectly owned Temasek. It plans to launch a private equity fund that will remain evergreen, depending on the market, according to its top executive. Chue En Yaw, CEO…
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April 21, 2026
The host nation Pakistan stated on Tuesday that there is still no confirmation from Iran to attend the last-ditch talks with the United States. This was after U.S. troops boarded an Iranian oil tanker in the middle of the sea, with only one day remaining before the ceasefire.
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April 20, 2026
The two largest shareholders of Ferretti filed rival slates of candidates for the renewal of the Italian Yacht Maker's Board on Monday, setting up a fight at the annual meeting of the company on May 14. Czech investor KKCG Maritime has submitted…
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April 20, 2026
India and South Korea announced on Monday they will expand their economic ties through a?expansion of cooperation in energy and critical minerals as well as shipbuilding, semiconductors and steel. They aim to double their trade by 2030. New…
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April 20, 2026
Taiwan's defence ministry reported that the Chinese aircraft carrier,?the Liaoning, sailed Monday through the Taiwan Strait, marking a?first transit of this sensitive -waterway since late last year. Taiwan, which Beijing considers its territory…
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April 20, 2026
A Chinese spokesperson stated on Monday that China was concerned about the "forced interception" by the U.S. of a cargo ship flying the Iranian flag. He urged all parties to adhere to the ceasefire agreement responsibly. Guo Jiakun, a spokesman for the Chinese government…
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April 20, 2026
China expressed concern about the "forced interception" of an Iranian cargo ship by the U.S., said a spokesperson for the Chinese foreign ministry on Monday. He urged all parties to adhere to the ceasefire agreement responsibly. Guo Jiakun,…
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April 20, 2026
Shipping data revealed that an oil tanker was heading to South Korea's HD Hyundai Oilbank, after passing the Strait of Hormuz. Kpler data showed that the Malta-flagged Odessa sailed through the strait in April 2013, but it did not specify where the tanker loaded its oil.
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April 20, 2026
These are the top business stories from the New York Times. These?stories have not been?verified' and?the?New York Times cannot vouch for the accuracy of these stories. After two months of war, sales in the Persian Gulf countries have plummeted. Chris Wright, U.S.
