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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 16, 2026
European traders reported on Thursday that the Taiwan Flour 'Millers Association' has issued a?international?tender for an estimated 105,950 metric tons of grade one milling wheat from the United States. The deadline to submit price offers for the tender is April 23.
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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 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 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 24, 2026
Reliance Industries in India, the operator of the largest refining facility in the world, has purchased 5,000,000 barrels of Iranian oil days after the U.S. lifted temporary sanctions on the oil. Two sources confirmed that the Indian refiner purchased the oil from National Iranian Oil Co.
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March 6, 2026
Shell's petrochemical complex in south China, a joint venture with China's CNOOC plans to shut down a steam breaker "soon". It has also informed domestic customers that it is unable to provide certain products. CNOOC & Shell 'Petrochemicals Company Ltd…
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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 5, 2026
China has asked firms to stop signing new contracts for the export of refined fuel and to cancel any shipments that have already been made, due to the escalating conflict in the Middle East. People said that the call did not cover jet fuel for international flights or bunkering in bonded containers…
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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 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
Sources said that India's Russian imports fell in January. This continued a trend that started in December, as refiners looked for alternative barrels under the pressure of Western sanctions and the ongoing U.S. India trade talks. Donald Trump, the U.S.
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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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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…