Russia’s oil exports hold steady, fresh sanctions yet to make impact
Newly imposed U.S. and EU sanctions targeting Russia and its oil giants Rosneft ROSN and Lukoil LKOH have yet to…
Kuwait Petroleum offers more crude after Al-Zour refinery outage, sources say
State-owned Kuwait Petroleum Corp has offered additional heavy crude for prompt loading in November, two trade sources said, following an…
China to buy 12 million metric tons of US soybeans this season, Bessent says
U.S. Treasury Secretary Scott Bessent said that China has agreed to buy 12 million metric tons of American soybeans during…
U.S. coal exports declined 11% in the first half of 2025 due to reduced exports to China
According to data released by the U.S. Census Bureau in September, the United States exported 46.8 million short tons (MMst)…
Container ship recycling overhang estimated at minimum 1.8 million TEU
“So far this year, only 10 container ships have been recycled. This extends a pattern of low recycling activity seen…
Tankers: China’s Crude Import Policy and Strategy
The seaborne crude oil trade routes are constantly evolving and China is at the center of things. In its latest…
Decarbonisation in doubt?
The path to net-zero emissions for the global shipping sector hit a significant roadblock last Friday, as a scheduled Extraordinary…
Tanker Trade in Turbulence: Beijing Strikes Back with Port Fee Policy
As of October 14, 2025, the U.S. and China have implemented reciprocal port fees targeting vessels associated with the opposing…
Tanker Market: US Crude Oil Exports Down in 2025
US crude oil exports have retreated so far in 2025. In its latest weekly report, shipbroker Banchero Costa said that…
The US and China port fees: a comparison
The US and China have introduced reciprocal port fees targeting vessels linked to each other’s countries, marking a novel use…