Sunday, November 15, 2026

Oil

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Oil

Petrobras signs $58 million deal with Brazil regulator to bring wells into compliance

Brazilian ​state-run oil firm Petrobras ‌signed an agreement with regulator ANP committing to bring 335 temporarily ​abandoned offshore wells into compliance with ​safety and...

US launches new strikes on Iran after reinstating oil sanctions over shipping attacks

The U.S. military unleashed a new wave of strikes against Iran on Tuesday and revoked a license allowing the country to sell oil after...

Hormuz oil exodus sets stage for chaotic rebalancing act

Crude prices may be back near levels seen before the Iran war, but the surge in oil exports from the Middle East following the...

More stranded oil tankers exit Hormuz, adding to global supply

Three stranded tankers carrying 5 million barrels of crude oil were exiting the Strait of Hormuz on Wednesday, with two heading to Asia, shipping...

TotalEnergies must invest in Gulf pipelines to bypass Hormuz, CEO says

French oil major TotalEnergies needs to prioritise the building ​of pipelines that could export oil and gas from ‌the Middle East without ships going...

OCIMF appoints Chevron’s Don Davis as managing director

The Oil Companies International Marine Forum (OCIMF) has appointed Chevron general manager of global marine assurance Don Davis as its new managing director. Mr Davis...

Oil keeps flowing through Hormuz despite Iran saying it’s shut

Millions of barrels of oil continued to flow through the Strait of Hormuz this weekend even after Iran claimed to have closed the waterway...

Pan Ocean wins 20-year crude oil transport deal with SK worth 2.47 trillion won

Pan Ocean (028670), Korea's largest bulk carrier operator, has signed a 20-year long-term crude oil transport contract with SK Energy and SK Incheon Petrochemical,...

Oil falls to 3-1/2-month low after U.S., Iran sign ceasefire deal

Oil prices ​fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that ‌would end the...

Trump administration to immediately lift Iranian oil sanctions under new agreement

The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the...

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Hapag-Lloyd profit jumps as stronger freight rates drive guidance upgrade

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 reports third quarter and nine-month 2026 financial results

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...

Hapag-Lloyd raises outlook for third time on strong freight rates

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...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

Wallenius SOL changes name to Wallenius Link

In April 2026, Wallenius Lines entered into an agreement to acquire SOL Group’s shares...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Port of Los Angeles makes history with back-to-back months surpassing 1 million container units

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 posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

PPA completes establishment of new subsidiary

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: Investments surge 84.5% to €126.6 million in 9-month

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...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...