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Crude exports to Japan, South Korea & Taiwan fall 50% y-o-yby hellenicshippingnews… on 2 April 2026 at 9:00 pmCrude/condensates exports pointed toward Japan, South Korea and Taiwan are down ~50% y-o-y in March (days 1-29), to just 3.1mbd, while crude exports from the Middle East Gulf to these countries are down 70% y-o-y. Crude/condensates in transit to Japan, South Korea, Taiwan dropped to a record low of ~115 million barrels, down nearly 40% …
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Guinea’s Simandou to become largest driver of seaborne iron ore supply growth, Wood Mackenzie saysby hellenicshippingnews… on 2 April 2026 at 9:00 pm
The emergence of Guinea’s Simandou as a large-scale, high-grade iron ore supplier signifies a significant change in the global seaborne iron ore market. According to Wood Mackenzie, this project is set to be the primary catalyst for long-term supply growth. Wood Mackenzie expects Simandou to export around 16 million tonnes in 2026, with volumes rising …
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Germany’s first Omani LNG shipments arrive despite Middle East disruptionsby hellenicshippingnews… on 2 April 2026 at 9:00 pm
Germany’s first Omani LNG deliveries are arriving on schedule — but analysis of the country’s supply chain suggests Berlin’s exposure to the Middle East crisis runs deeper than officials admit. Germany has begun receiving its first-ever liquefied natural gas deliveries from Oman, even as war in the Middle East chokes global supply routes — but …
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2PointZero’s IRH Secures 20-Year LNG Supply from Mexico’s AMIGO LNG Projectby hellenicshippingnews… on 2 April 2026 at 5:00 pm
International Resources Holding (IRH), the Abu Dhabi-based natural resources investment platform and a subsidiary of 2PointZero Group, has signed a 20-year liquefied natural gas (LNG) Sale and Purchase Agreement with Mexico’s AMIGO LNG, a flagship project of LNG Alliance, securing long-term LNG supply to support growing global energy demand. Under the agreement, IRH will purchase …
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Germany imports record level of LNG in first quarter of 2026 amid warby hellenicshippingnews… on 2 April 2026 at 10:00 am
Germany imported record levels of liquefied natural gas (LNG) in the first quarter of 2026 despite the war in Iran, official data showed. Natural gas with a record energy capacity of more than 25 terawatt-hours (TWh) arrived at the three German terminals in Brunsbüttel and Wilhelmshaven, the state-owned Deutsche Energy Terminal (DET) company said. The …
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U.S. coal exports decreased in 2025 after four years of growthby hellenicshippingnews… on 1 April 2026 at 9:00 pm
After four years of growth, U.S. coal exports decreased by 16 million short tons (MMst) in 2025, according to data released by the U.S. Census Bureau. Exports totaled 93 MMst in 2025, compared with 108 MMst in 2024. Thermal coal exports fell by 18%, and metallurgical coal exports fell by 11%. The decrease in U.S. …
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Oil-thirsty Asian nations seek Russian crude as Iran war strains suppliesby hellenicshippingnews… on 1 April 2026 at 10:00 am
Asian nations are increasingly competing for Russian crude oil as an energy crisis mounts amid the month-old war by the U.S. and Israel against Iran, which has choked off roughly a fifth of the world’s oil supply. Much of the oil from the mostly shut Strait of Hormuz was headed for Asia, hit hardest by …
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Venezuelan oil shipments to Cuba resume as US signals softer stanceby hellenicshippingnews… on 31 March 2026 at 9:00 pm
Venezuelan oil shipments to Cuba resumed in March after a three-month halt, according to S&P Global Commodities at Sea(opens in a new tab) data. The shipment comes as the US pressure on the island may be easing. Venezuela shipped 1 million barrels to Cuba in the week ended March 27, marking the first cargoes since …
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Nigeria’s first cargo of light sweet Cawthorne crude ships to Indiaby hellenicshippingnews… on 31 March 2026 at 9:00 pm
Nigeria has exported the first cargo of its new Cawthorne export grade, a spokesperson for the Nigerian National Petroleum Co. told Platts March 30, with ship-tracking data showing it heading to India. “NNPC shipped the first cargo of the new Cawthorne crude at the weekend. A total of 950,000 barrels of crude was exported from …
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Asian refiners pivot to US crude on Hormuz disruptions, lifting WTI spot premiumby hellenicshippingnews… on 30 March 2026 at 10:00 am
Spot premiums for US crude grades are expected to continue rising as Asian refiners ramp up WTI Midland crude imports to bridge the gap caused by reduced Middle Eastern cargo deliveries, making US suppliers and producers clear winners in the latest Persian Gulf conflict, according to refinery feedstock managers and industry analysts. US crude oil …
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Europe loses its grip as LNG cargoes chase higher prices in Asiaby hellenicshippingnews… on 29 March 2026 at 9:00 pm
Europe is losing LNG shipments to Asia as the war in the Middle East impacting Qatari facilities pushes prices higher. Italy, Poland and Belgium scramble for alternative supplies in mega competitive market. Europe is being edged out of the global liquified natural gas (LNG) market as Asian buyers outbid for limited cargoes, with ship-tracking data …
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Interbasin competition intensifies as more LNG cargoes divert to Asiaby hellenicshippingnews… on 29 March 2026 at 9:00 pm
Asian LNG buyers have diverted at least eight Atlantic Basin cargoes away from Europe since the Middle East war began Feb. 28, as escalating supply risks following strikes on Qatar’s Ras Laffan facility heighten near‑term urgency in Asia and reshape trade flows, according to S&P Global Commodities at Sea(opens in a new tab) data. The …
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Brazil sets new records as global soybean leader amid US-China trade tensionsby hellenicshippingnews… on 27 March 2026 at 10:00 pm
With the 2025-26 harvest entering its final stages, Brazil is poised to further cement its status as the leading player in the global soybean market, achieving record shares in both production and exports this year. The significance of Brazilian soybeans is heightened by ongoing trade tensions between the US — the world’s second-largest exporter — …
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US to increase butane sendout as pressure mounts over MEGby hellenicshippingnews… on 27 March 2026 at 10:00 pm
We have previously addressed the significance of Middle East Gulf LPG supply for Asian markets, particularly where consumption is primarily driven by structural demand – like India or Southeast Asia. MEG LPG exports, largely comprising of evenly-split cargoes, supplied 92% of India’s and 26% of Southeast Asia’s imports in 2025. With regional exports still constrained …
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Atlantic Basin takes advantage of $200/b price incentivesby hellenicshippingnews… on 27 March 2026 at 11:00 am
Three and a half weeks post closure of the straits and crude and clean product flows are diverging. While crude loadings are down to historical lows and replenishment opportunities are scarce, the reverse trend can be seen on the clean products. Loadings from the Atlantic Basin are surging as sellers take advantage of resupply opportunities …
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Indian LNG importers face tender cancellations amid price swingsby hellenicshippingnews… on 27 March 2026 at 11:00 am
Indian companies are finding it increasingly difficult to secure urgently needed spot LNG cargoes as volatile intraday prices and repeated tender cancellations showed weaknesses in traditional procurement methods, threatening supply to critical sectors, including fertilizer production, according to multiple traders and importers. Since conflict in the Middle East escalated in late February, Indian companies have …
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Colombia’s Growing Gas Imports Support Midstream Infrastructureby hellenicshippingnews… on 26 March 2026 at 10:00 pm
Colombia’s declining domestic gas production and increased reliance on LNG imports have raised the strategic importance and demand visibility of midstream gas infrastructure, says Fitch Ratings. Fitch expects regulated pass-through mechanisms and resilient collections to support stable credit profiles for gas transporters and distributors, even as contracting moves toward shorter tenors amid elevated input prices …