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May 8, 2026
China's Foreign Ministry confirmed Friday that a tanker containing oil products and crew from China was attacked on the Strait of Hormuz. The ministry also expressed deep concern for vessels affected by the Middle East conflict. Lin Jian, spokesperson for the Foreign Ministry…
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May 6, 2026
Iran's foreign minister stated on Wednesday that it would only accept a "fair and comprehensive agreement" with the U.S. in its negotiations to end the Middle East war, as President Donald Trump noted "great progress"? in the process. He didn't…
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May 4, 2026
Yonhap News reported on Monday that South Korea was verifying information indicating a vessel flying the flag of South Korea had been attacked in Strait of Hormuz. A spokesperson from South 'Korean shipper HMM said that a fire broke out in the engine room of one its bulk carriers…
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April 29, 2026
Penny Wong, Australia's foreign?Minister, said that the Chinese government had agreed to cooperate with Australian companies on jet fuel shipments. She suggested China could relax?curbs? on exports due to supply disruptions caused by the Iran war.
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April 29, 2026
Two?trading?sources said on?Wednesday that China had approved a?increase?in refined fuel?exports for May, to areas?other than Hong Kong. However, levels remain below the average of last year. Sources with direct knowledge of the situation said…
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April 24, 2026
State Department lawyer Reed Rubinstein argued in a statement released days before the deadline of May 1 for the Trump administration to obtain approval from Congress under the 1973 War Powers Act or move to end the war. Reed Rubinstein, State Department's Legal Adviser…
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April 24, 2026
Israel and Lebanon extended their three-week ceasefire at a White House meeting that was mediated by President Donald Trump. Trump said he would wait for the "best deal" to resolve his conflict with Iran. The fighting between Israel and Iranian…
Posted to Maritime Reporter
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April 23, 2026
In the past decade, we have seen a rapid succession global energy crises, fueled by conflict, extreme weather and supply chain snarls. The highly fragmented oil and gas market of today is becoming more interconnected, and as the transition to a low-carbon economy accelerates…
Posted to Maritime Reporter
on
April 23, 2026
In the past decade, we have seen a rapid series of energy crises around the world, fueled by extreme weather, military conflict and supply chain snarls. The highly interconnected oil and natural gas markets are fragmenting and the transition to a low-carbon economy is accelerating.
Posted to Maritime Reporter
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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 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 17, 2026
A senior Iranian official said on Friday that there are still significant differences between Iran and the United States in order to reach an agreement to end the 'war.' He added that the U.S. must adhere to the ceasefire terms if it wants to keep the Strait of Hormuz opened.
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April 15, 2026
Two company sources said that Indian Potash 'Ltd. received offers to supply 5.6 million metric -tons of urea in its latest tender, at prices significantly higher than the previous one. This is after supplies had been disrupted due to 'the U.S. - Israeli war against Iran.
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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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April 10, 2026
According to ship tracking data, the majority of ships that sailed through the Strait of Hormuz?in?the?past?day were connected to Iran. Other vessels are putting off making voyages despite a?two week ceasefire reached this week by?Tehran? and Washington?, data and shipping sources say.
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April 3, 2026
The shares of some Chinese companies that deal with cross-border payments increased?on Friday after the?commerce ministry announced?that ships were using the Chinese Yuan to pay for tolls as they passed through the Strait of Hormuz. * CNPC Capital Co. ended 7.9% higher Friday.
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April 9, 2026
?Commodities traders Glencore and Taiwan’s state refiner CPC chartered a vessel each to load Middle Eastern oil for Asia.?Vessels in the Gulf prepare?to leave via the Strait of Hormuz a day...after the 'ceasefire' in the U.S.Iran war. The two…
