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

Equinor

June 30, 2022

Equinor has agreed to sell to Shell 51% of its interest in the North Platte deep water development project in the US Gulf of Mexico....
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performance-shipping

June 30, 2022

Performance Shipping reported a net loss from continuing and discontinued operations of $2.1 million and net loss from continuing and discontinued operations attributable to common...
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NAT

June 30, 2022

Nordic American Tankers announced that on May 13, 2022, it took delivery of the first of two recent suezmax tanker newbuildings from Samsung shipyard in...
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DP_World

June 30, 2022

DP World, the leading provider of smart supply chain solutions, today launched CARGOES Runner — a new digital solution for freight forwarders. (more…)
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A cargo ship is loaded with coal during the opening ceremony of a new dock at the North Korean port of Rajin in this July 18, 2014 file photo. South Korea said on March 8, 2016 it would impose new sanctions against 40 individuals and 30 entities because of suspected links to North Korea's weapons programme and would ban vessels that had stopped at North Korean ports in the past 180 days.  REUTERS/Yuri Maltsev/Files

June 30, 2022

The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market for...
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Capesize_ships

June 30, 2022

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, slipped on Wednesday as a dip in panamax and...
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Seanergy_

June 29, 2022

Seanergy announced that the Board of Directors has authorized an additional share repurchase plan, under which the Company may repurchase up to $5 million of...
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ONE

June 29, 2022

Ocean Network Express (ONE) will implement a penalty fee that is to be levied in the event of misdeclaration of cargo details at time of...
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CMA_CGM_vessel

June 29, 2022

Shell and CMA CGM Group have signed agreements that will see them work closely together to accelerate decarbonising the marine sector. (more…)
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Dynagas LNG Partners

June 29, 2022

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas carriers, announced its results for the three months ended March 31, 2022. (more…)
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Intermodal

June 29, 2022

LNG market remains tight currently, mainly driven by the US LNG outage from the recent fire in Freeport LNG terminal together with the recent fall...
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ships

June 29, 2022

The immediate supply shock caused by Russia’s invasion of Ukraine was felt in power, petrol and supermarket prices across Europe — and now, as the...
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iron_ore_vessel

June 29, 2022

Iron ore climbed fresh one-week highs on Tuesday, as China easing some quarantine requirements for international arrivals and Beijing and Shanghai recording no new local...
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ships

June 29, 2022

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest in more than two months on...
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An oil worker walks beside oil cluster well pipework on the Russkoye heavy crude oil field, operated by Rosneft PJSC, in the Yamalo-Nenets region of East Siberia, near Novy Urengoy, in Russia, on Thursday, Dec. 8, 2016. The surprise $11 billion sale of shares in oil giant Rosneft PJSC to Qatar's sovereign wealth fund and Glencore Plc caps a 2016 that's only gotten better for the Russian President Vladimir Putin as the political tide moved in his favor. Photographer: Andrey Rudakov/Bloomberg

June 28, 2022

When Russia turns off the gas through the Nord Stream 1 pipeline for maintenance in July, Europe is starting to worry that it won’t turn...
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