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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 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 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 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 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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February 4, 2026
China has called the Panama court's decision to annul CK Hutchison’s contracts to operate a pair of Panama Canal ports as "absurd, shameful and pathetic" and vowed that it would defend Chinese interests. Panama's Supreme Court annulled last…
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January 31, 2026
The Arctic is not a frozen peripheral, particularly after the spat between the U.S. and Europe over Greenland. The High North is becoming a strategic hub for minerals, energy and shipping as the sea ice begins to melt. The Arctic is heating up four times faster than other parts of the world…
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January 29, 2026
The Arctic is not a frozen peripheral, particularly after the spat between the U.S. and Europe over Greenland. The High North is becoming a strategic hub for minerals, energy and shipping as the sea ice begins to melt. The Arctic is heating up four times faster than other parts of the world…
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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
A major military conflict between the U.S., Iran and other Middle Eastern countries could cause a disruption of oil supplies in the region. It could be that the vast oil reserves held by both the U.S.A. and China are crucial in controlling it.
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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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February 4, 2026
Hong Kong's CK Hutchison announced on Wednesday that its Panama Ports Company has begun international arbitration proceedings against Panama, after the country’s top court annulled their licences to run two Panama?Canal port. This case could take many years to resolve.
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December 18, 2025
According to two sources familiarized with Venezuela's oil-export operations, Venezuela approved on Thursday the departure of two very large crude carriers (VLCC). This would be just the second and third supertankers since last week, when a ship carrying Venezuelan oil was seized by U.S.
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November 17, 2025
According to shipping and trade data, India exported its first ever jet fuel cargo for energy giant Chevron to the U.S. West Coast, taking advantage of a rare opportunity to fill shortages in Los Angeles. Since October, U.S. West Coast Jet Fuel…
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November 11, 2025
Two traders who are familiar with the matter confirmed on Tuesday that Yanchang Petroleum, a refiner backed by the Chinese provincial government and delivering crude oil between December to mid-February is not using Russian oil. Yanchang in Shaanxi province…
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August 1, 2025
Panama Ports Company said that on Friday it would communicate with the Panama Government at the appropriate time regarding the sale of two important ports it operates near to the Panama Canal. Hong Kong's CK Hutchison owns 90% of PPC. The company…
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July 23, 2025
Incheon, the South Korean section of Korea Feed Association (KFA), purchased up to 67,000 tons of animal feed grain to be sourced in optional origins on Wednesday in a deal that was done privately without announcing an international tender.
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July 23, 2025
According to European traders, the Korea Feed Association in South Korea bought up to 62,000 tons of animal feed grain from around the world in a private transaction on Tuesday. There was no international tender. The KFA Busan section is believed…