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

MR-Tanker

September 21, 2018

Falling global gasoline demand has resulted in a massive oversupply of clean Medium Range tankers in European waters, with the fears of potential damage from...
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GSL

September 21, 2018

Global Ship Lease announced a new time charter with Maersk Line for the 2004-built, 8,063 TEU containership OOCL Ningbo, which has been renamed GSL Ningbo,...
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port

September 21, 2018

Gleaming silos, towering container cranes and hulking cargo ships docked at quaysides in Europe’s biggest corn and sunflower producer should be a symbol of an...
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Piraeus

September 21, 2018

Greece’s current account balance showed a slightly larger surplus in July compared to the same month a year earlier on the back of a wider...
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Container ships and bulk carriers waiting for cargo are seen in the shipping lanes off the coast of Singapore April 18, 2009.  REUTERS/Vivek Prakash

September 21, 2018

The Greek-flagged commercial fleet reached 1,865 vessels as of July 2018, only marginally up from the corresponding month of 2017, 0.2 percent. (more…)
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cosco_piraeus

September 21, 2018

The race is on to get Chinese goods into the U.S. before President Donald Trump’s tariffs bite. (more…)
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moore-stephens

September 21, 2018

Given the mounting pressure on the shipping industry to reduce emissions brought on by the IMO’s GHG strategy and commitment to a 50% reduction in...
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Iran_OPEC

September 21, 2018

Iran said it will veto any OPEC decision that harms the Islamic Republic and warned that some oil producers are trying to create an alternative...
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Seaspan

September 20, 2018

Seaspan announced the closing of its previously announced public offering of 6,000,000 Series I Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares for gross proceeds of...
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aip-lr

September 20, 2018

Jiangnan Shipyard has received an Approval in Principle (AiP) from Lloyd’s Register for its 7,500 m3 LNG bunker vessel (LBV) design at this year’s Gastech....
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lr-vlgc-lpg

September 20, 2018

HHI has received an AiP during a presentation at Gastech – the leading exhibition and conference for the global gas, LNG and energy industries held...
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euaggelos_pistolis_top_ships_

September 20, 2018

Top Ships Inc. is expanding its fleet, taking delivery of two Medium Range tankers and two Suezmaxes over the next eight months, a senior company...
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vopak_bunkering

September 20, 2018

Bunker fuel premiums in Singapore surged at the close of Asian trade Tuesday following a sharp uptick in ICE Brent crude oil futures during the...
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BW-LPG-vlgc-bw-Princess-BIG

September 20, 2018

BW Group’s first LR2 tankers will be delivered from the first quarter of next year even as the sector is facing challenges due to poor...
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maersk

September 19, 2018

To better serve customers and unlock growth potential in the Logistics & Services segment, A.P. Moller - Maersk will combine its offering for ocean products...
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