UKMTO reported the incident damaged the engine room and caused crew casualties.

Henlius Biotech (02696.HK) said it has entered a strategic collaboration with Sandoz to develop up to 10 monoclonal antibody and/or antibody‑drug conjugate (ADC) biosimilars or components. The parties signed terms covering an initial three selected products and an option on a fourth. In April 2025 the firms agreed exclusive commercialization for Henlius’ ipilimumab biosimilar HLX13 across 46 countries including the US and Europe; the new arrangement deepens their existing oncology biosimilar cooperation.

Energy: 1. Asian refiners are requesting to bypass the Red Sea and receive Saudi crude oil at Egyptian ports. 2. Two Chinese departments: By 2030, domestic oil and gas supply will reach 440 million tons of oil equivalent, with 20,000 kilometers of new long-distance oil and gas pipelines. 3. Vietnam is reportedly importing diesel produced in India directly through traders for the first time in eight years. 4. Indian startups: India's industrial and commercial clean energy demand is expected to grow at least 15% annually over the next decade. 5. Azerbaijan's oil production fell 3% year-on-year from January to July. 6. Trump's Venezuela envoy is pushing for an "America First" oil deal. 7. Wells Fargo Investment Institute: Upgraded its global energy sector rating from "Unfavorable" to "Neutral". 8. Saudi Arabia is supplying oil from off the coast of Oman, and its transshipment strategy may be quietly adjusting. 9. Libya is seeking up to $40 billion in funding to develop its oil and gas resources. 10. According to Interfax: The Caspian Pipeline Alliance transported 33.35 million tons of crude oil in the first half of 2026, compared to 36.024 million tons in the first half of 2025. Agriculture/Mining: 1. The Central Bank of Turkey launched a one-week gold-for-lira seller swap auction using traditional methods, with a scale of 4 tons. 2. Japan imposed provisional anti-dumping duties on cold-rolled stainless steel sheet and coils from China. 3. BHP Billiton's net profit for the fiscal year was US$9.83 billion, a year-on-year increase of 9%; its underlying profit for the fiscal year was US$13.2 billion, a year-on-year increase of 30%, exceeding market expectations of US$12.66 billion. 4. Copper market supply tightness intensified, and key term spreads widened. 5. National Climate Center: El Niño is developing rapidly and is likely to become the strongest on record. 6. Trade sources say India's soybean oil imports in August are expected to jump to a record 620,000 tons. 7. Indonesia's planned commodity exchange may cover palm oil, nickel, and coal. Iran Situation: 1. Trump: The US is not seeking to extend the memorandum of understanding with Iran. 2. Iran has set a deadline for the US to fully implement the memorandum of understanding. 3. Kushner: Dialogue between the US and Iran in different areas is more active than ever before. No consensus has been reached yet, and Trump will remain patient. 4. Market News: Data shows that ship traffic in the Strait of Hormuz remains slow, with only six ships passing through on Monday.