Monday, October 5, 2026

Oil

Subscribe

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

Oil

Saudi Pledges Big Oil Cuts in July

Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024...

G7 price cap threatens to squeeze tonnage supply in crude tanker market

Brent prices, which surged past the $85 per barrel mark after the voluntary production cut by OPEC+, have dipped below $75 per barrel because...

OPEC oil output falls in May after voluntary cuts – Reuters survey

OPEC oil output fell in May after Saudi Arabia and other members of the broader OPEC+ alliance made voluntary output cuts to support the...

Asia’s crude imports jump in May

Asia’s imports of crude oil are on track for a strong rebound in May as the region’s two biggest buyers, China and India, suck...

Bunkers slide on week amid unclear signals from crude

Marine fuel markets lost some ground in the week ended May 25 amid mixed dynamics in crude markets and a lack of clarity in...

Lloyd’s Register Withdraws Class from Indian Shipowner Gatik

Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine war, that it will...

US crude stockpiles post massive surprise drawdown – EIA

U.S. crude oil and distillate inventories fell unexpectedly last week, while gasoline stockpiles rose more than forecast, the Energy Information Administration said on Wednesday. Crude...

Russian Oil Exports By Sea Show No Sign of Cuts – report

Russian crude oil flows to international markets still show no sign of the output cuts the country insists it is making. Four-week average seaborne shipments,...

EU Puts Russian Ship-to-Ship Oil Transfers in its Crosshairs

The European Union proposed prohibiting access to its ports for vessels that attempt to circumvent sanctions on Russian oil as it seeks to deter...

Russian seaborne crude exports hit 12-month high – Platts

Russian seaborne crude exports rose 8% on the month in April to a 12-month high as Indian refiners snapped up record volumes of discounted...

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...