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

Euroseas_Pittas

May 24, 2019

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced its results for the three-month period ended March...
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pdvsa

May 24, 2019

German shipping firm Bernhard Schulte Shipmanagement (BSM) has moved to legally detain three of Venezuelan PDVSA’s oil tankers to collect on late payments owed to...
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containers

May 24, 2019

Embargoes are rarely effective in compelling a change in diplomatic behavior because they create substantial incentives to circumvent the blockade by switching trade, building indigenous...
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Heerema

May 24, 2019

Dutch firm Heerema Marine Contractors and Singapore’s Sembcorp Marine, on Thursday, showed off the world’s largest crane vessel that can be used for the setup...
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containers

May 24, 2019

In March 2019, the global container port throughput index bounced back to a level of 130.2 points after experiencing more than 17 points decline in...
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TOTAL

May 24, 2019

Global bunker supplier Total Marine Fuels Global Solutions has conducted several successful trials of its 0.5% sulfur fuel oil with shipowners at key ports globally...
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Dorian LPG

May 24, 2019

Dorian LPG, a leading owner and operator of modern very large gas carriers, reported its financial results for the three months and fiscal year ended...
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Stealthgas

May 24, 2019

Stealthgas, a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and operating results for...
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Wisdom

May 23, 2019

Currently in the middle of a fleet optimization progamme, Wisdom Marine has placed an order for two 37,800 dwt handymax bulk carrier at Imabari Shipbuilding,...
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Pappas

May 23, 2019

Star Bulk, a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for the first quarter...
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Hyundai-Heavy-Industries

May 23, 2019

Hyundai Heavy Industries said Thursday it received an US$390-million order to build two liquefied natural gas (LNG) carriers. Under the deal with an unidentified European...
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SFL

May 23, 2019

Ship Finance International Limited (SFL) ended the first quarter of 2019 with higher net income. (more…)
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Palios

May 23, 2019

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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containers

May 23, 2019

Alphaliner has slashed its global container throughput growth estimate for this year to just 2.5% from 3.6%. (more…)
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iron-ore-ship

May 23, 2019

China’s iron ore futures jumped to a new record high on Wednesday, fuelled by a persistently bullish outlook as steel mills look to source raw...
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