Thursday, September 10, 2026

Oil

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Oil

Bahri renews 10-year contract of affreightment with S-Oil Corporation Transport Crude Oil Cargoes

Bahri, the Kingdom’s leading shipping and logistics provider, announced the renewal of its long-term Contract of Affreightment (COA) with S-Oil Corporation one of South...

Colombia’s Ecopetrol to launch bidding for Covenas regasification project

Colombian state-run oil company Ecopetrol, opens new tab is set to launch the bidding process later this month for a regasification project at its...

Oil barrels at sea soar to most since 2023 as supply glut looms

The amount of oil on tankers plowing the world’s oceans climbed to the highest in more than two years, the latest indication of swelling...

OPEC+ plans another oil output hike in November, sources say

OPEC+ will likely approve another oil production increase of at least 137,000 barrels per day at its meeting next Sunday, as rising oil prices...

US pressures European leaders over Russian oil purchases

U.S. President Donald Trump told European leaders on Thursday that Europe must stop buying Russian oil that he said is helping Moscow fund its...

Shell enters into an agreement for employment of MOL Group’s CTV off the Coast of Brazil

Mitsui O.S.K. Lines announced that a cargo transfer vessel owned by its wholly owned subsidiary SeaLoading Holding AS will be shared by TotalEnergies EP...

EU to buy $750 billion of US energy in trade agreement

The EU has agreed to buy $750 billion worth of energy from the US as part of the two sides’ trade agreement, which could...

Venezuela’s oil exports on the rise as more cargoes head to China

Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as the loss...

Panama tightens oversight on oil transfer operations

In a move aligned with the standards of the International Maritime Organization (IMO), Panama has strengthened its requirements for ship-to-ship (STS) oil transfer operations...

US sanctions on China refiners over Iran oil disrupt operations, sources say

Recent U.S. sanctions on two small Chinese refiners for buying Iranian oil have created difficulties receiving crude and led them to sell product under...

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Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...