Traders offering Russian oil have begun asking Indian state refiners to pay in Chinese yuan, taking recent signs of improving relations between New Delhi and Beijing as a chance to simplify deals with Indian buyers, trade sources said. India’s top refiner,...

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Chinese independent refineries are sharply reducing imports of Iranian crude due to exhausted annual import quotas and weakening demand, according to analysts, refinery and trade sources. Imports by these refineries, predominantly based in eastern Shandong province,...

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At the end of September, the United Nations reinstated wide-ranging sanctions on Iran that had been suspended under the now-defunct JCPOA 2015 nuclear agreement. The move came after the three European signatories to the deal — Britain, France and Germany — triggered...

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U.S. imports of containerized goods in September fell 8.4% from the year earlier, including a 22.9% drop in goods from China, amid ongoing trade ructions from President Donald Trump’s tariff policies, data released on Thursday showed. U.S. seaports handled 2.31...

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The shipping market has been at the forefront of the latest round of the US-China trade war. In its latest weekly report, shipbroker Xclusiv said that “the US-China trade front is once again testing shipping markets, with Washington’s planned port fees on...

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For some, division and divisiveness seem to have become a strategic position but, as an industry that brings together people from around the world, shipping has always thrived through collaboration. Inclusivity is invaluable for dealing with challenges we all share....

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