Crude Oil Price Movements
In May, the OPEC Reference Basket (ORB) declined by $5.53, or 6.2%, m-o-m, to average $83.59/b. Oil futures prices declined, with...
Crude tanker freight rates could garner support from non-OPEC+ production through the summer and later from the announced easing of OPEC+ cuts, following the...
Greece’s Navy extended a series of exercises aimed at preventing tankers from transferring Russian oil just miles off its coastline.
The navy said in a...
The Greek navy on Wednesday extended an advisory effectively banning ship traffic off the coast of the southeastern Peloponnese that two sources said was...
Venezuela’s loss of a key U.S. license that allowed it to freely export and increase investment in its oil sector will hit the volume and quality of...
Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading.
The...
Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...
German container shipping group Hapag-Lloyd raised its full-year earnings outlook for the third time this year on Wednesday, citing strength in freight rates and...
The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...
AD Ports Group, a leading global enabler of integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record for the...
Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway.
The development follows an earlier...
Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...