Monday, October 5, 2026

Oil

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Oil

South Korea’s reliance on Saudi crude on track to reach 18-year high in 2023

South Korea is increasingly relying on Saudi crude oil, with the world’s fourth biggest crude importer taking more than a third of its total...

China’s 2023 crude oil imports set for 6.2% rise, but risks prevail

China’s crude oil imports will average 10.8 million barrels per day (bpd) in 2023, matching the previous record high from 2020, according to the...

Spain Tightens Rules on Ship-to-Ship Oil Transfers

The Spanish government has tightened its rules around ship-to-ship oil transfers after an uptick in the activity along its coastline. Oil tankers seeking to carry...

Record U.S. Crude Flows to Europe and China

U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average so far this month, spurred by wide discounts...

Rising Rates Are Reshaping Once-Lucrative Commodity Trades

Higher interest rates are forcing commodity traders to rethink some deals and push up prices, in the latest example of how a period of...

Tanker Giants Sprout From Nowhere To Keep Russian Oil Moving

At a downtown office block in Mumbai, packing tape peels off a black door whose handle appears to have been ripped out. A pile...

Brazil tax appeal board rules against Petrobras in $3.4 bln case

Brazilian state-run oil firm Petrobras PETR4.SA said that the country's tax appeal board Carf dismissed its appeal in a case related to unpaid taxes...

Shell Commits to Dover Project in U.S. Gulf of Mexico’s Deep Water

Shell plc said on Wednesday it has taken a final investment decision on the Dover exploration field in the U.S. Gulf of Mexico, which...

OPEC Retains Oil Demand Growth Projections

The OPEC Reference Basket (ORB) value rose by 26¢, or 0.3%, m-o-m in February to average $81.88/b. The ICE Brent front-month contract declined by...

Venezuela to Ship Oil to Cuba on Blacklisted Supertanker

Venezuela’s state-run oil company PDVSA on Monday was loading a supertanker with crude and fuel for Cuba, maritime documents showed, an unusually large volume...

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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...