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Finance & Markets

Bahri: Nine-Months 2026 Results With Net Profit Of SAR 9.98 Billion

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the third quarter and first nine months of 2026, reporting net profit of SAR 5.09 billion for Q3 2026, up 891% year-on-year, while net profit for the first nine months reached SAR 9.98 billion, an ...

hellenicshippingnews.com ·3h ago

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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Northwest Europe Prompt fuel availability is tight in the ARA ports, and buyers are recommended lead times of 5-7 days to get good coverage from suppliers, a trader told ENGINE.

Northwest Europe's bunker fuel tight in ARA ports, requiring 5-7 day lead times
Rotterdam B100 demand down $182/mt to $1,182/mt, ARA stocks 62% higher than May
Mediterranean ports tight availability, Algeciras needs week's notice for deliveries

3h ago ·hellenicshippingnews.com

Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2026 and An Increase to its Quarterly Dividend

Scorpio Tankers Inc. reported its results for the three and nine months ended September 30, 2026. The Company also announced that its board of directors (the “Board of Directors”) has declared a…

3h ago ·hellenicshippingnews.com

Spain’s bunker volumes jumped 18% on the year in September

Suppliers sold 938,000 mt of bunker fuel at Spain’s ports last month, up 18% from a year earlier, as Algeciras alone added 104,000 mt, government data showed.

Spain's bunker fuel volumes rose 18% in September compared to the previous year.
Algeciras port contributed 104,000 metric tons to the 938,000 mt increase.
Algeciras port alone accounted for 40% of the total bunker fuel volumes.

3h ago ·hellenicshippingnews.com

Water levels on Rhine rise, but relief forecast to be short-lived

Water levels on the Rhine, a critical European inland waterway for freight, rose above 50 centimeters Oct. 26 and are forecast to hover around 70 cm in the next few days, but the rebound in flows is…

3h ago ·hellenicshippingnews.com

BofA tracks shipping data showing Red Sea transit recovery

Bank of America released its latest shipping and supply chain data tracking report, showing container shipping through the Red Sea has recovered to 65% of normal levels in the past two weeks.

Container shipping through Red Sea reaches 65% of pre-pandemic levels
Global port congestion drops to 10% of fleet capacity
Tanker spot rates fall from recent highs but remain elevated

3h ago ·hellenicshippingnews.com

Baltic Dry Index Breaks 3-Day Decline

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, halted its three-day losing streak on Wednesday, rising about 1.9% to 2,652 points.

3h ago ·hellenicshippingnews.com

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