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April 22, 2026
Alexander Saverys, the CEO of Belgian shipowner CMB.Tech, said that 11 vessels powered by ammonia will be delivered between this summer and March next year, as part of their decarbonisation plans. Saverys, a reporter at the Singapore Maritime Week Conference…
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April 17, 2026
Four energy sources reported that 'Iraq resumed its southern oil exports Friday, after a halt of more than a month caused by disruptions in shipping through the Strait of Hormuz. One tanker has begun to load crude. Iraqi ports & energy sources…
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April 17, 2026
Several dozen countries have said they are willing to 'join an international mission for the protection of?shipping along the Strait of Hormuz if conditions allow,' said Britain, at a time when Donald Trump, U.S. president, said he didn’t need any allies’ help.
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April 16, 2026
France and Britain are hosting a meeting of 40 countries on Friday. The purpose is to signal the United States that some of its closest allies will be'ready' to play a part in restoring the freedom of navigation through the Strait of Hormuz, once the conditions permit. Since the beginning of U.S.
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April 14, 2026
This week, oil and gas 'producer ENI?finished loading the first cargo of Venezuelan heavy?crude to reach Spain in nearly two years. Since Caracas and Washington agreed on a landmark supply deal in January, trading?houses such as Trafigura, Vitol…
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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 9, 2026
British Prime Minister Keir Starmer met with the?U.S. Donald Trump, the President of the United States, spoke with?Keir Starmer on Thursday about?the necessity of a plan that would restore shipping through Strait of Hormuz as quickly as possible. Downing Street announced a ceasefire with Iran.
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April 9, 2026
French Foreign Minister Jean Noel Barrot stated on Thursday that the ceasefire agreement between Iran and the United States should also cover military actions in Lebanon. He added that France had condemned Israel's "massive strikes" of Wednesday.
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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 28, 2026
Maersk, a Danish container shipping company, has temporarily suspended?its operations?at the Port of Salalah in Oman. This was due to a security incident which occurred on Saturday morning. The shipping giant released a statement saying that all Maersk crew were safe and accounted.
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March 25, 2026
Eduard Ruijs is the head of investment for Vitol. The company investing in this project, says that the final investment decision will be made in the Delfin LNG project, offshore Louisiana, in a few weeks or months. Ruijs said that the '13.2…
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March 24, 2026
?European Traders reported on Tuesday that Algeria's state grain agency OAIC had issued an international?"tender" to?buy flour milling. The tender stipulated shipment in two periods: June 1-15, and June 16-30. The traders stated that if the wheat is from South America…
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March 24, 2026
Vitol, a global?commodities?trading?house, said on Tuesday that it would increase its revenues and trade more oil by 2025 as compared to 2024. The firm reported that the trading house's turnover grew by 3.6% last year to $343 billion, with its…
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March 23, 2026
The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…
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March 13, 2026
Sources said that Italian authorities are considering how to handle a Russian "liquefied gas tanker" left adrift in the Mediterranean following what Moscow "described" as a Ukrainian drone strike, according to sources. The Russian transport ministry reported that Ukrainian drones…
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March 12, 2026
The Russian presidential envoy Kirill Dmitriev stated that he discussed the current energy crises with his U.S. counterparts on Thursday as part of a meeting of the U.S. and Russia working group on economics which took place in Florida. Since the closure of the Strait o f?Hormuz on February 28…
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March 11, 2026
The International Energy Agency plan to release 400,000,000 barrels of oil reserves to the world is unprecedented and urgently needed to counter the devastating supply shock caused by the Iran War. But it will only offer limited relief so long as energy exports to the Middle East are blocked.
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March 4, 2026
Shipping sources reported that the crew of the Maltese container ship Safeen Prestige abandoned ship after it was damaged by a projectile as it sailed towards?the top of the Strait of Hormuz? on Wednesday. Vanguard, a British maritime risk management company…
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March 4, 2026
European traders reported that Jordan's state grain buyer bought?about 50,000 tons of?? animal feed??? barley? on Wednesday? in an international tender looking for up to 120,000 tonnes. According to traders, the barley was reportedly purchased…
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March 3, 2026
Swiss logistics group Kuehne und Nagel reported on Tuesday a '17%' drop in its recurring operating profits for 2025 and predicted likely flat or lower earnings this year due to an escalating Middle East conflict. The freight forwarder said it…
