Freight News

by hellenicshippingnews… on 26 November 2025 at 10:00 pm

China bought at least 10 cargoes of U.S. soybeans worth around $300 million in contracts signed since Tuesday, two traders with knowledge of the deals said, a day after the presidents of both countries spoke on the phone. The purchases of the unusually large volumes extend a surge in Chinese buying after the recent thaw …

by hellenicshippingnews… on 26 November 2025 at 11:00 am

Russia is the largest supplier of oil and gas to the Chinese market, and specialists of the two countries are working jointly on updating technologies for the extraction and processing of energy resources, Russian President Vladimir Putin said, as per Interfax. “Relations of comprehensive partnership and strategic interaction between the Russian Federation and the People’s …

by hellenicshippingnews… on 26 November 2025 at 11:00 am

India’s Russian oil imports are set to hit their lowest in at least three years in December, down from multi-month highs in November, as refiners turned to alternatives to avoid breaching Western sanctions, trade and refining sources said. Britain, the European Union and the United States have tightened sanctions on Moscow over the war in …

by hellenicshippingnews… on 26 November 2025 at 11:00 am

China, world’s top oil importer, will receive its first Golden Arrowhead crude cargo from Guyana in December, according to trade sources and shipping data, as producer CNOOC Ltd seeks to expand markets for the new grade. CNOOC loaded the 1-million-barrel cargo onto Very Large Crude Carrier Sophia on November 3 which will discharge its cargo …

by hellenicshippingnews… on 26 November 2025 at 11:00 am

China is importing unusually large quantities of crude oil from Indonesia, a trend traders say is a way to mask shipments of sanctioned Iranian crude trans-shipped in waters off Malaysia amid greater scrutiny of cargoes originating from Malaysia. Declaring Iranian oil as Malaysian has long been a tactic of traders selling to China, the largest …

by hellenicshippingnews… on 26 November 2025 at 11:00 am

India’s finished steel imports during the first seven months of the financial year were down 34.1% year-on-year, according to provisional government data reviewed by Reuters. India, the world’s second-biggest crude steel producer, imported 3.8 million metric tons of finished steel during April-October and was a net importer of the alloy, the data showed. South Korea …

by hellenicshippingnews… on 25 November 2025 at 10:00 pm

India’s oil imports from Russia in November are set to hit their highest level in five months, preliminary data from Kpler shows, as refiners rushed to secure barrels ahead of a U.S. deadline to end transactions with sanctioned Russian oil producers. India, the world’s third-largest oil importer, has been the biggest buyer of discounted seaborne …

by hellenicshippingnews… on 25 November 2025 at 10:00 pm

Russia sees scope to boost oil exports to China and to deepen cooperation on supplies of liquefied natural gas, Russian Deputy Prime Minister Alexander Novak said on Tuesday in Beijing. China and India have become the main buyers of Russian oil since the start of Russia’s military campaign in Ukraine in February 2022. China imports …

by hellenicshippingnews… on 25 November 2025 at 6:00 pm

Chinese purchases of American soybeans are “right on schedule”, U.S. Treasury Secretary Scott Bessent said on Tuesday, citing an agreement for Beijing to buy 87.5 million metric tons of the U.S. product over the next three and a half years. The U.S. and China will always be natural rivals, Bessent said in an interview with …

by hellenicshippingnews… on 25 November 2025 at 6:00 pm

India is considering extending an import tariff, locally known as a safeguard duty, on some steel products to counter cheaper imports primarily from China, according to a source with direct knowledge of the matter. India, the world’s second-biggest crude steel producer, had in August recommended a three-year import tariff of 11%-12% on some steel products …

by hellenicshippingnews… on 25 November 2025 at 6:00 pm

A new report suggests that Iran has managed to export more oil to China via Indonesia, a tactic experts believe is used to evade US sanctions aimed at restricting Iranian oil shipments. The Monday report by Reuters said Chinese buyers of Iranian crude have shifted to oil trans-shipped in waters off Indonesia rather than Malaysia, …

by hellenicshippingnews… on 25 November 2025 at 11:00 am

China is expected to purchase 12 million metric tons of the US soybeans by the end of calendar year 2025 under a trade deal, despite certain question marks, several market participants told Platts, part of S&P Global Energy, on Nov. 21. If realized, the purchases by the world’s top soybean importer are likely to support …

by hellenicshippingnews… on 25 November 2025 at 11:00 am

GAIL has issued a swap tender, offering two U.S.-loaded liquefied natural gas (LNG) cargoes in exchange for two cargo deliveries to India, two industry sources said on Monday. GAIL, India’s largest gas distributor, is offering the cargoes for loading on a free-on-board (FOB) basis on January 27 at Sabine Pass, Louisiana, and on March 10 …

by hellenicshippingnews… on 25 November 2025 at 11:00 am

Russia’s Black Sea port of Tuapse resumed oil product exports last week after a two-week suspension following Ukrainian drone attacks, while the local oil refinery has restarted processing crude, according to two industry sources and LSEG data. According to the sources and ship-tracking data, the Gambia-flagged tanker Sandhya left Tuapse on November 17 with around …

by hellenicshippingnews… on 24 November 2025 at 10:00 pm

China’s imports of iron ore are on track for another robust month in October, following on from September’s record arrivals, with the strength standing in stark contrast to weak steel output. October imports are forecast to reach 113.06 million metric tons by commodity analysts Kpler, a figure that if matched by official data would be …

by hellenicshippingnews… on 24 November 2025 at 10:00 pm

China has received two more cargoes of liquefied natural gas from Russia’s Arctic LNG 2, LSEG and Kpler data showed, taking to 16 the total number of shipments, despite U.S. and EU sanctions imposed on the project over Moscow’s war in Ukraine. The Voskhod tanker delivered a cargo from Arctic LNG 2 to the Beihai …

by hellenicshippingnews… on 24 November 2025 at 6:00 pm

India’s Mangalore Refinery and Petrochemicals Ltd has bought 2 million barrels of Abu Dhabi Murban crude for January loading via a tender as it continues to shun Russian oil, trade sources said on Monday. The refiner bought the cargo from BP via a tender, they added, although the price was not immediately available. Companies typically …