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

wheat_egypt

June 23, 2017

Chicago wheat futures slid for a second session on Thursday as the market took a breather after climbing to a one-year high earlier this week,...
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Cédulas de dólar mostradas em Washington. 14/11/2014.   REUTERS/Gary Cameron

June 23, 2017

The dollar was little changed against a basket of currencies on Thursday as low U.S. bond yields offset in-line data on domestic jobless claims and...
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Shipping-emissions

June 23, 2017

Four major international trade associations have made a joint proposal to the UN International Maritime Organization (IMO) concerning ambitious CO2 reductions by the international shipping...
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carnival-cruise-line

June 23, 2017

Carnival Corporation announced U.S. GAAP net income of $379 million, or $0.52 diluted EPS, for the second quarter of 2017 compared to U.S. GAAP net...
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patitsas

June 23, 2017

"We are very pleased to welcome a new participant, Atlas Maritime of Greece, to the Navig8 Pools, with the MT Lady M due to join...
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Palmetto-State

June 23, 2017

The hottest trade in the U.S. gasoline market is starting to cool. (more…)
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Thessaloniki_Port

June 23, 2017

The privatization of the Thessaloniki Port Authority (OLTH) may add up to 1.6 billion euros to Greece’s gross domestic product in the coming decade, according...
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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

June 23, 2017

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday to snap a six-day streak of losses,...
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Fitch

June 23, 2017

Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental structural changes in the...
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Ulsan-Port-Examines-LNG-Bunkering-Possibilities

June 23, 2017

The Caribbean is well positioned to move to LNG bunkering as the shipping industry seeks to comply with the new global emission cap for marine...
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Iron_Ore

June 23, 2017

Falling iron ore prices have helped sink charter rates for bulk carrier vessels, as resource companies turn up the pressure on shippers to cut prices...
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Navios_Frangou

June 23, 2017

Navios Maritime Holdings Inc.’s South American unit is expanding its barge fleet this year as it bets on a recovery in iron-ore shipments from the...
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Hellespont-Phrixos-Papachristidis

June 22, 2017

Hellespont Group appears to have trimmed its tanker fleet, according to brokers. (more…)
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Paris MoU

June 22, 2017

The Committee of the Paris Memorandum of Understanding on Port State Control (Paris MoU) has adopted new performance lists for flags and Recognized Organizations that...
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OPEC-OPEK

June 22, 2017

OPEC countries are discussing deepening their production cut agreement, Iran oil minister Bijan Zanganeh said Wednesday, even as some members say the recent extension of...
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