Monday, October 5, 2026

Oil

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Oil

Greece extends naval advisory to deter Russian oil ship-to-ship transfers

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 oil sector braces for loss of US license

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...

Russian oil and products trapped on tankers hit by new Iran-related sanctions

Russian oil and products have become trapped at sea on four tankers after the United States hit the vessels with fresh Iran-related sanctions, LSEG...

OPEC keeps forecasts for oil demand unchanged

Crude Oil Price Movements In March, the OPEC Reference Basket (ORB) value increased by $2.99, or 3.7%, m-o-m, to average $84.22/b. Oil futures prices averaged...

Saudi Aramco reviewing its production operational plans

Energy firm Saudi Aramco is potentially reviewing operational strategies as the oil giant engages in discussions with drilling companies to suspend its offshore processes...

OPEC+ unlikely to change output policy before June meeting

OPEC+ is unlikely to make any oil output policy changes until a full ministerial gathering in June, three OPEC+ sources told Reuters ahead of...

Russia remains China’s top crude supplier in Jan-Feb

Russia remained China’s top oil supplier in the first two months of this year, data showed on Wednesday, as Saudi supply cuts continued. China’s imports...

Russian Oil Squeeze Tightens as Sovcomflot Admits Difficulties

Russia’s state oil tanker company PJSC Sovcomflot said that US sanctions are putting pressure on its operations, the latest sign that the measures are...

Asian oil demand growth in focus as OPEC+ move carves out supply roadmap

Asian crude buyers are unlikely to face a supply squeeze following extended production cuts by OPEC+ and Russia’s move to slash output by an...

China’s crude oil imports rise on-year, but softer trend remains

China’s imports of crude oil rose in the first two months of the year compared with the same period in 2023, but they were...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

2020 Bulkers  – Transaction update

Reference is made to the recent stock exchange announcements published by 2020 Bulkers relating to the acquisition of companies owning or having contracts for...

Stolt-Nielsen posts USD 84.4 million net profit in Q3

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2026. The Company reported a third quarter net...

Danaos Corporation declares quarterly dividend on its common stock for the third quarter of 2026 and an extraordinary special dividend

Danaos Corporation, one of the world's largest independent owners of containerships declared a quarterly cash dividend of $1.00 per share on its common stock...

2020 Bulkers – Board resolution to approve the issuance of consideration shares and private placement shares

Reference is made to the stock exchange announcements published by 2020 Bulkers Ltd. in connection with: the Company’s acquisition of AHTS AS (the “AHTS Acquisition“), the...

Capital Maritime Finance launches Greece’s first shipping IPO with exclusive listing on Euronext Athens

Capital Maritime Finance Corp. (CMF) is launching Greece’s first shipping IPO, with all of its shares to be exclusively listed on Euronext Athens. The move...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Three oil tankers hit by projectiles in Hormuz strait on Tuesday, Marisks says

Three Liberian-flagged oil tankers were struck by unknown projectiles when ​transiting the Strait of...

Macquarie pours more than $2 billion into Greek shipping

Macquarie, led by Marc Hari as head of shipping finance, has deployed more than...

Eastern Pacific Shipping and SUARDIAZ Group strengthen longstanding partnership with delivery of MV RS...

Eastern Pacific Shipping announced the delivery of MV RS Atlantico, marking a significant milestone...

Seanergy participates in Marine Money Week Asia

Seanergy Maritime Holdings President and CEO Stamatis Tsantanis took part in the 25th Marine...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...