Commodities

on 19 February 2026 at 8:27 pm

Venezuelan crude exports are expected to return to a typical run rate of 800,000 b/d, as the country shifts away from dark fleet tankers following a US naval blockade that has boosted demand for compliant vessels in the region and supported spot rates, executives at Teekay Tankers said Feb. 19. “Just looking at where it’s tracking in February, we’re already back up to about 700,000 b/d of

on 18 February 2026 at 4:16 am

China, the world’s largest soybean importer, is anticipated to receive 7 million metric tons of soybeans from Brazil and Argentina during February-April, including 5.5 million mt in shipments in transit, according to S&P Global Commodities at Sea data as of Feb. 18. These shipments were loaded from December to January, and most are headed for the ports of Zhoushan and Qingdao in China, according

on 16 February 2026 at 5:12 pm

The US has announced a new proposal to impose port fees on foreign ships as part of its shipbuilding revival project, prompting renewed concerns among shipowners about inflation and market distortions. On Feb. 13, the White House unveiled “America’s Maritime Action Plan” that includes a “universal infrastructure or security fee” on commercial ships built in foreign countries, which will be

on 12 February 2026 at 4:27 pm

Singapore Prime Minister Lawrence Wong, who is also the country’s minister of finance, said in his budget speech Feb. 12 that the carbon tax is a “key pillar” of the country’s strategy as it pursues other measures to chart a sustainable future. The carbon tax sends a clear price signal to encourage emissions reduction, Wong said. Singapore implemented a carbon tax, the first carbon pricing scheme