The Wire

This page features all the latest news and developments in shipping, shipbuilding, offshore, dry bulk, tankers, gas carriers, ports as well as news for commodities and currencies.

The Wire

Tsakos

July 10, 2020

TEN announced the contract for the building of up to three suezmax DP2 shuttle tankers on long-term employment to a major European end-user. (more…)
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Euronav

July 10, 2020

Euronav announced it has purchased on the NYSE and on Euronext Brussels a total of 3,379,108 of its own shares for an aggregate price of...
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offshore

July 10, 2020

A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices remain depressed and a new surge...
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Eagle_Bulk_Shipping

July 10, 2020

The Baltic Exchange’s main sea freight index was down on Thursday, as declining capesize vessel rates offset gains in panamax and supramax index. (more…)
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Coronavirus

July 10, 2020

Jens Boysen disembarked one of the world’s largest container ships on Thursday after 167 days at sea when he has acted not only as captain...
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North

July 10, 2020

Leading International Group (IG) Protection and Indemnity member, North P&I has urged maritime stakeholders to seize the opportunity provided by a UK Government summit on...
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ocean-tankers

July 10, 2020

EY, the court-appointed supervisor for Ocean Tankers Pte Ltd (OTPL), has proposed two restructuring options to the shipping company’s owners and could meet with them...
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shipyard_korea

July 10, 2020

New orders won by South Korea’s shipbuilders tumbled 67 percent in the first half of the year from a year ago as the coronavirus pandemic...
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Antwerp Port

July 10, 2020

The total throughput of the Port of Antwerp fell by 4.9% in the first half of the year compared to the same period in 2019....
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damico

July 9, 2020

d’Amico Tankers D.A.C. (Ireland) has signed a memorandum of agreement for the sale of the company’s oldest two MR vessels. (more…)
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Diana-Shipping

July 9, 2020

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...
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ocean yield

July 9, 2020

With reference to the press release dated 22nd January 2020, where Navig8 Chemical Tankers Inc. declared the five-year purchase option on the chemical tanker "Navig8...
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cape

July 9, 2020

The Baltic Exchange’s main sea freight index slipped on Wednesday, as falling rates for capesize vessels offset gains in the panamax and supramax segments. (more…)
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storm nate

July 9, 2020

After a frenzied start, the Atlantic hurricane season could turn out to be the most active since 2005, when a record 28 storms formed. (more…)
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An aerial view of a container ship.

July 9, 2020

After better-than-expected first-quarter results, ocean carriers have upgraded their financial guidance, despite the impact of the pandemic. (more…)
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