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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…
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April 23, 2026
South Asia relies on imported energy for 95% of their needs. The price increases following the Middle East war have been devastating. Wind and solar energy, which are renewable, can help break this dependency. Solar power is the largest renewable energy source in Bangladesh…
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April 23, 2026
Cubans began this week to reap the benefits of a recent 100,000-metric-ton delivery of Russian crude oil. This is a temporary lifeline to the 'energy starved nation' and it was the first large shipment of oil to arrive on the island since early this year when the United States cut off the fuel.
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April 23, 2026
The chief of the navy's staff said that Italy was ready to send up to four vessels, including minesweepers as part of an international effort to clear the Strait of Hormuz. Last week, European leaders met in Paris to discuss a multi-national effort to protect shipping along the Strait of Hormuz.
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April 23, 2026
South Korea's Major Feedmill Group (MFG), without issuing an official tender, purchased 134,000 metric tonnes of animal feed corn on Thursday. Two consignments of?67,000 tons were purchased. The first purchase was made at a cost and freight…
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April 23, 2026
Major Feedmill Group, a South Korean company, purchased 134,000 metric tonnes of animal feed corn in a private deal with European traders on Thursday. Two consignments of 67,000 tons each were purchased for arrival in South Korea?in August.
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April 23, 2026
European traders reported that Tunisia's OdC, the state grains agency, has issued an international tender to purchase approximately 25,000 metric tonnes of animal feed barley. The deadline for price offers is?Friday, April 24. Grain can be sourced from a variety of origins.
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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.