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

Trump-Donald

December 13, 2019

Asian stock markets rose on Friday as the US and China moved toward striking a trade deal to avert a new round of tariffs. (more…)
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Vitol

December 13, 2019

Commodities trader Vitol has signed a 10-year deal with Nigeria Liquefied Natural Gas (NLNG) to buy 500,000 tonnes of LNG per year starting in October...
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Palios

December 13, 2019

Diana Shipping announced the preliminary results of its tender offer to purchase up to 2,739,726 shares of its common stock, par value of US$0.01 per...
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Capesize-Vessel

December 13, 2019

The Baltic Exchange’s main sea freight index fell for a seventh-straight session and hit an over two-week low on Thursday, weighed down by sluggish demand...
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OSG

December 13, 2019

Overseas Shipholding Group (OSG) has exercised options to extend its bareboat charter agreements with Norwegian-American shipowner American Shipping Company for four vessels currently under charter...
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Ships

December 13, 2019

Shippers have fewer than three weeks until new rules kick in forcing them to burn cleaner fuels, but the regulations are already redefining key trade...
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MSC

December 13, 2019

Another containership fitted with an exhaust gas cleaning system (scrubber) is added to the global fleet every 10 hours, according to Alphaliner data. (more…)
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FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo

December 13, 2019

Saudi Aramco hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a...
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Shipping-emissions

December 13, 2019

Faced with imminent new global marine pollution rules, shipping companies and insurers are puzzling over the risks. (more…)
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IMAGE 1

December 12, 2019

The SEAJETS WorldChampion Jet high speed vessel has been honored as the "Ship of the Year" by the prestigious Lloyd's List Greek Shipping Awards 2019....
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ABB

December 12, 2019

Yakov Gakkel, owned by joint venture between Teekay LNG Partners and China LNG Partners, joins a fleet of 15 specially designed tankers transporting liquefied natural...
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Capesize_ships

December 12, 2019

The Baltic Exchange’s main sea freight index fell for a sixth-straight session on Wednesday, as demand for capesize vessels fell. (more…)
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MOL

December 12, 2019

Mitsui OSK Lines (MOL) has ordered two next-generation energy-efficient coal carriers from Oshima Shipbuilding. (more…)
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Thunberg

December 12, 2019

Greta Thunberg, the 16-year-old Swede who inspired millions of young people to take action against climate change, has been named Time Magazine’s Person of the...
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Khalifa Port

December 12, 2019

The capacity of Abu Dhabi’s Khalifa Port will increase by 50% by the end of 2020 as part of a 3.8 billion dirham ($1 billion)...
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