Thursday, September 10, 2026

Oil

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Oil

Shell is studying merits of buying BP, Bloomberg News reports

Shell, is working with advisers to evaluate a potential acquisition of rival BP Plc (BP.L), though it is waiting for further stock and oil...

Sinopec resumes Russian oil purchase after short pause amid sanctions risks, sources say

Sinopec, Asia’s top refiner, resumed purchases of Russian oil after a brief pause last month to assess risks from sanctions imposed by the United...

Oil steady; market eyes OPEC+ output increase, US tariffs

Oil prices steadied on Wednesday after hitting multi-month lows in the previous session, but remained under pressure as the market eyed plans by major...

Trump reverses Chevron’s Venezuela oil license, citing lack of electoral reforms

U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden...

Indonesian prosecutors arrest three Pertamina unit executives over oil imports

Indonesia's Attorney General's Office has arrested three executives at units of state-owned energy firm Pertamina on charges of alleged corruption related to oil imports...

OSM Thome Brasil signs full technical management deal with Shell for DP Shuttle

OSM Thome signs a full technical management deal with Shell for a Brazilian Flagged DP Shuttle. The announcement reads: “For several years, the OSM Thome...

Cargill and Hafnia launch Seascale Energy to accelerate the transformation of marine fuel procurement services

Cargill’s Ocean Transportation business and leading tanker shipping company, Hafnia, have joined forces to launch Seascale Energy, a joint venture, combining Cargill’s existing bunker...

Baltic Exchange enters the chemical tanker market with new chemical and agricultural oil freight assessments

Baltic Exchange has launched a new series of chemical and agricultural oil assessments in order to meet the evolving needs of the maritime freight...

SulNOx: Nigeria patent granted for fuel oil reclamation

SulNOx has been granted a fuel oil reclamation patent in Nigeria. The licence covers SulNOx's oil and water separation methodology. The demulsifying process uses the...

Oil shipping rates surge after US sanctions hit availability

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia’s oil industry, sending traders rushing to book vessels to ship supply from other...

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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...