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January 13, 2026
Iran has ?released ?the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a ?company source told on Tuesday. Source: The vessel was released on 8th January and has been at Shinas Port in Oman since 12th January with 13 crew members on board.
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January 12, 2026
Somalia's Government announced on Monday that it was cancelling all agreements with United Arab Emirates including port deals, defence and security collaboration, and citing evidence that the UAE undermined its national sovereignty. The Council…
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January 12, 2026
The 'Ports and Airports Ministry' announced on Monday that Brazil has set a'minimum concession fee' of '500 million reais (92.96 million dollars) for the massive Tecon 10-container terminal auction at the port of 'Santos', which is expected to happen in the second half of March.
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January 9, 2026
Energy Secretary Chris Wright told reporters that there is a "real possibility" the U.S. might use its Export-Import Bank to 'fund large oil projects' in Venezuela. This was before President Donald Trump met with industry executives later on Friday.
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January 2, 2026
The differentials between Caspian and Urals crude oil remained unchanged on Friday, in a'mild' market. Russia -and a few of its neighbouring countries - were off for the New Year holiday. There were no bids or offers reported to Platts on Friday for Urals, Azeri BTC - and CPC Blend.
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December 12, 2025
Winter storms, increased'security' risks and shorter daylight hours have caused delays for oil tankers traveling through the Turkish Straits. According to traders, the congestion is worsened due to increased security checks after recent attacks against tankers transporting Russian oil…
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December 12, 2025
Data from industry sources showed that Russia's seaborne exports of oil products in November fell by 0.8% compared to October, at 7,494 million metric tons. The impact of drone strikes?on the energy infrastructure has been offset by a certain…
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December 5, 2025
The local emergency centre reported on Friday that a Ukrainian drone attack was responsible for a fire in the Russian port of Temryuk at the Azov Sea. Temryuk is a company that deals with liquefied Petroleum Gas (LPG), oil and petrochemical products, grain and other bulk foods.
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November 24, 2025
BHP has abandoned its last-ditch attempt to acquire rival Anglo American to bolster its copper dominance, just two weeks ahead of the 60 billion dollar merger between Anglo and Teck Resources. Monash IVF Group has announced that it rejected…
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November 17, 2025
Emergency services reported on Monday that a Russian attack in Ukraine's southern region Odesa caused fires to spread at ports and energy infrastructure. Oleksii Kulba, the Deputy Prime Minister of Restoration for Telegram, wrote that the attack…
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October 14, 2025
These are the most popular stories from the New York Times' business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Patrick James, the chief executive officer of First Brands (an auto parts…
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on
October 13, 2025
According to two industry sources, the Caspian Pipeline Consortium increased its oil exports by 9% per day in September compared to August, to 6.6 millions metric tons or 1.75million barrels daily. CPC exports oil via a pipeline that carries over 80% of all Kazakh crude oil exports.
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on
October 10, 2025
The differential between Brent and Urals crudes dated Friday remained stable, but Russia's oil imports from western ports are expected to remain close to their record high for October, according both to industry sources as well as calculations.
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October 10, 2025
China's Transport Ministry announced on Friday that vessels owned or operated or built in the United States, or those flying the U.S. Flag will be subject to additional port fees for each voyage as of October 14. The ministry stated that the fees were a countermeasure to upcoming U.S. Port fees.
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October 8, 2025
In a Wednesday statement, the Panama Canal reported that revenues in fiscal year 2025 rose by 14.4% to $5.7 billion based on unaudited preliminary figures. The Canal also reported that vessel traffic increased by 19.3% on an annual basis to 13,404 in the 12-month period ending September 30.
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October 8, 2025
The port authorities in Antwerp-Bruges, Belgium reported that the four-day strike by Flemish harbour captains against federal pension reforms has severely affected marine traffic. The port of Antwerp, which normally processes 60-80 ships per day…
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October 7, 2025
The company announced on Tuesday that Spain's Molgas had acquired the Dutch liquefied gas bunker supplier Titan after acquiring a 45% share in 2023. The demand for LNG bunkering has increased in recent years, with the introduction hundreds of ships which can run on this fuel.
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October 2, 2025
Kaztransoil, the company that operates the Druzhba oil pipeline in Russia, reported on Thursday that Kazakhstan exported 180,000 metric tonnes of oil to Germany through this pipeline during September. The company had previously stated that oil supplies to Germany reached 190,000 tonnes in August.
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September 14, 2025
On Monday, the UK Government announced that the UK government and the industry plan to invest jointly over 1.1 billion pound ($1.5 billion) into the maritime sector. The government stated that the investment would unlock growth and create jobs in coastal communities throughout the UK.
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September 11, 2025
Two sources familiar with the plans said that Russia will reduce ESPO Blend oil loads from its Far East Kozmino Port in September from 4.2 millions tons to 4,000,000 metric tons (about one million barrels per a day), from 4.2million tons in August.