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April 15, 2026
A Rohingya refugee has described a terrifying journey on the sea after an overcrowded boat carrying Bangladeshi and refugees capsized in Andaman Sea. Around 250 people are still missing. According to the United Nations Refugee and Migration agencies…
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April 14, 2026
The United Nations' refugee and immigration?agencies announced in a joint statement that around 250 people are missing after a boat carrying Rohingya and Bangladeshi refugees capsized in the Andaman sea. UN agencies reported that the trawler…
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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 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…
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April 8, 2026
According to LSEG and a shipping source, Glencore, a commodities trading firm, has chartered a Supertanker 'to load Middle Eastern crude oil for Asia. This is likely the first 'oil tanker destined for this route since the ceasefire of the U.S.Iran war.
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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 6, 2026
Fuel oil traders in Asia struggle to find alternative supplies as the Iran War curtails shipments through the Strait of Hormuz from Middle Eastern suppliers. This has prompted them to look for cargoes in the West. In the coming weeks, a'shortage' of Middle Eastern fuel oil will dent supply…
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March 1, 2026
Airline shares fell on Monday. Hong Kong's Cathay Pacific and Australia's Qantas Airlines, as well as Singapore Airlines, Japan Airlines, and Singapore Airlines all dropped more than 5%. This was after Israel and the U.S. launched strikes against?Iran over the weekend…
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February 26, 2026
LSEG data revealed that the cost of hiring a'very large crude carrier' to transport a?2,000,000 barrels a day from the?Middle East into?China on Thursday exceeded $200,000 a daily for the first since 2020. On the Worldscale industry measurement used to calculate freight rates…
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February 24, 2026
Italian yacht manufacturer Ferretti announced a 6.7% increase in its core profit for the full year, as well as a 47% jump in orders of made-to measure?yachts. Last year, adjusted?earnings prior to interest, taxes and depreciation (EBITDA), a measure of earnings before interest…
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February 24, 2026
Sources familiar with the matter say that Pengerang Refining Company in Malaysia (Prefchem), has reduced 'output' at its refinery after it closed one of two units for repairs - until April. They added that this has resulted in a decrease in exports of refined goods for the month.
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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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February 6, 2026
The Vietnamese authorities have chosen a newly-created subsidiary of real estate conglomerate Vingroup for the development of the first phase of a major offshore wind project in the country. Morgan Stanley-backed German renewable company PNE…
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February 2, 2026
Ship-tracking data showed that Kuwait's Al-Zour refinery increased fuel oil exports to record levels in January after recovering from an outage. Most of the cargoes were bound for Southeast Asia. Analysts and traders said that the surge in Kuwaiti supply…
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February 2, 2026
The Malaysian Maritime Enforcement Agency announced on Saturday that two tankers suspected of illegal'ship-to ship oil transfers' were detained last week and that more than 512 million ringgit (US$129.9m) of crude oil was seized. This occurred 24 nautical miles west from Muka Head in Penang.
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February 1, 2026
The Malaysian Maritime Enforcement Agency announced on Saturday that two tankers suspected of illegal transfers of oil between ships were detained, and a total of?more than 512,000,000 ringgit ($129.9M) worth of 'crude oil was seized last week 24 nautical miles west of Muka Head in Penang.
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January 31, 2026
China Southern Theater Command? has confirmed that on Saturday a?naval patrol and an?air raid was conducted around the Scarborough Shoal, in the South China Sea. The shoal lies in the exclusive economic zone of the Philippines, but China claims it as its own territory.
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January 31, 2026
China's coastguard patrolled Japan administered islands in the East China Sea almost daily last summer, the country said. It was to ensure its sovereignty over the remote, rocky island and deter Taiwan from taking a step toward independence.
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January 29, 2026
Mitsui O.S.K. Lines, Japan’s second largest shipping?company said on Thursday that it had agreed with PSA Singapore to form a joint venture for the development of a RoRo terminal in Singapore. The joint venture agreement will allow 'Mitsui to…
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January 29, 2026
Five market sources confirmed that the global trading arm (ADNOC) of Abu Dhabi National Oil Co is leasing fuel storage in Singapore for a 'first time. This is part of plans by the oil and gas company backed by the United Arab Emirates to increase trade volumes in Asia.