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

Hamburg Sud Maersk logos

August 17, 2017

Regulatory bodies of China, Korea, Brazil, Chile and South Africa are still to clear Maersk Line’s acquisition of German counterpart Hamburg Süd, Maersk said in...
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Golden-Ocean

August 17, 2017

Golden Ocean, a leading dry bulk shipping company, today announced its results for the quarter ended June 30, 2017. (more…)
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bunker_supply

August 17, 2017

Reversing two consecutive months of declines, total bunker sales in Singapore surged by 6.8% y-o-y to a six-month high of 4.39 mmt in July. (more…)
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Carnival Corporation releases its 2016 sustainability report as part of the launch of its new dedicated sustainability website, available here: http://carnivalsustainability.com. The report and complementary site detail the company’s sustainability efforts and the progress made in 2016 toward its 2020 sustainability performance goals. (PRNewsfoto/Carnival Corporation & plc)

August 17, 2017

Carnival Corporation, the world's largest leisure travel company, released its 2016 sustainability report as part of the launch of its new dedicated sustainability website. (more…)
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Shuwaikh-Port

August 17, 2017

Milaha, a Qatar-based maritime and logistics conglomerate, has launched the first ever direct feeder service between Qatar and Kuwait. (more…)
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transocean

August 17, 2017

Transocean Ltd. dropped to the lowest in more than two decades as investors panned its deal to buy Songa Offshore SE in the biggest offshore...
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tanker_oil

August 17, 2017

OPEC member Iraq has formed a joint venture with a shipping company owned by Arab states to transfer, store and trade crude and oil products,...
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golar-lng-partners_flng

August 17, 2017

Golar LNG Partners LP announced that it has entered into a purchase and sale agreement for the acquisition from Golar LNG Limited and affiliates of...
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containers

August 17, 2017

The hulking container ships that transport sneakers, bananas and barbie dolls around the world keep getting bigger. So are the companies that own them. (more…)
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hong_kong_port

August 17, 2017

The port of Hong Kong saw throughput rise 7.2% to 1.8m TEU from 1.6m TEU in the previous corresponding period. (more…)
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TORM

August 16, 2017

In the first six months of 2017, TORM realized a positive EBITDA of USD 80m and a profit before tax of USD 3m. Q2 2017...
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Maersk _star

August 16, 2017

Denmark's A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday, lifting its shares as investors looked beyond one-off second-quarter charges. (more…)
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containers

August 16, 2017

World container trade appears to be back on track, according to Drewry, which upgraded its annual outlook for 2017. (more…)
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western-bulk-chartering

August 16, 2017

Western Bulk reduced its net loss in the first half of the year to USD million from USD 10 million reported in the same period...
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dof

August 16, 2017

DOF Subsea, a subsidiary of DOF ASA, has been awarded a contract for Skandi Constructor for Siemens on the Galloper Offshore Wind Farm Project in...
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