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

cargill-office

July 15, 2019

Cargill reported results for the fiscal 2019 fourth quarter and full year ended May 31, 2019. (more…)
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Navios Cont

July 15, 2019

Navios Containers, a growth vehicle dedicated to the container sector of the maritime industry, announced the appointment of Mrs. Erifili Tsironi as Chief Financial Officer...
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dsme

July 15, 2019

Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has received approval in principle (AiP) from LR for its Smart Ship Solution (DS4®). The fleet monitoring...
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tanker

July 15, 2019

Gibraltar took the decision to seize an Iranian tanker last week solely because the ship was in breach of European Union sanctions and not on...
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crude_tanker

July 15, 2019

Shipping companies sailing through the Middle East Gulf are being urged to avoid having private armed security guards onboard as the risk of escalation in...
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EA-Gibson

July 15, 2019

It is official. After weeks of speculation and some minor reshuffling in terms of meeting dates, in early July OPEC+ announced the extension of their...
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PireausBank

July 15, 2019

According to a Reuters report, Piraeus Bank is looking into a strategic partnership with a major Asian Pacific financial conglomerate that will help it provide...
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containers

July 15, 2019

Freight volumes in the United States and around the world are falling, signalling tougher times for manufacturers amid escalating trade tensions and heightened uncertainty. (more…)
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A flag flying from a ship on the Panama Canal, 5th January 2012. (Photo by Francis Tsang/Cover/Getty Images)

July 15, 2019

Panama will withdraw its flag from more vessels that violate sanctions and international legislation, the country’s maritime authority told Reuters, following the removal of about...
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thomas-cook

July 12, 2019

Thomas Cook Group announces that it is in advanced discussions with the Group’s largest shareholder, Fosun Tourism Group and its affiliates, and Thomas Cook’s core...
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Scorpio Tankers

July 12, 2019

Pacific Green Technologies, developer of the ENVI-Marine™ emission control system, announced that Scorpio Tankers has confirmed that it has ordered a further 14 ENVI-Marine™ emission control...
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Diana Shipping

July 12, 2019

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that the Company has increased the purchase price to be...
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Long Beach

July 12, 2019

The Los Angeles and Long Beach port complex, the nation’s busiest and the No. 1 for ocean trade with China, – handled 5.1%fewer inbound containers...
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tanker

July 12, 2019

Britain does not intend to escort every British-flagged merchant vessel through the Strait of Hormuz, a security source said on Thursday, after a Royal Navy...
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UK Maritime_Minister

July 12, 2019

All new ships for UK waters ordered from 2025 should be designed with zero-emission capable technologies, in ambitious plans set out by Maritime Minister Nusrat...
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