OPEC keeps annual oil demand growth unchanged but sees drop during the second quarter.
Crude Oil Price Movements
In March, the OPEC Reference Basket (ORB) value...
Klaveness Combination Carriers’ preliminary fleet average TCE earnings for the first quarter ended at $33,432/day, approximately $550/day above the guiding range ($31,400-32,900/day).
The CABU fleet...
The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...
Petra Energy Bhd's subsidiary Petra Resources Sdn Bhd has received four work orders totalling RM298mil from PETRONAS Carigali Sdn Bhd for the provision of...
Last week, Höegh Autoliners celebrated and welcomed yet another newbuild to the Höegh fleet.
The Höegh Pacific, a 2,450 CEU PCTC feeder, represents something important:...
Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...
Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...
The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...
Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future.
In the first half of 2026, Port...
PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...
Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...