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

Navios_Frangou

October 16, 2019

Navios Maritime Partners L.P., an international owner and operator of dry cargo vessels, announced the repayment of its Term Loan B on October 10, 2019....
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bulker

October 16, 2019

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for a third consecutive session on Tuesday, due...
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tanker

October 16, 2019

Freight rates to ship U.S. crude to Asia eased on Tuesday from record levels as the shock of a global tanker shortage due to U.S....
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MSC

October 16, 2019

Mediterranean Shipping Co. will buy five giant container ships from South Korean yard Daewoo Shipbuilding & Marine Engineering Co. for $762 million in a new...
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Intermodal

October 16, 2019

In perhaps the most interesting market conditions of the past years, the tanker and the dry bulk industry have created a positive sentiment with regards...
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Greek_Flag

October 15, 2019

Greek shipping interests continued to rank in first place in terms of LNG carriers owned and operated worldwide, following a two-year "rally" on the part...
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Diana-Shipping-Panamax

October 15, 2019

Diana Shipping announced the preliminary results of its tender offer to purchase up to 2,816,900 shares of its common stock, par value of US$0.01 per...
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petronas

October 15, 2019

Petronas LNG Ltd (PLL), a subsidiary of Petroliam Nasional Bhd (Petronas),  has completed its second liquefied natural gas (LNG) cargo through its break bulking ship-to-ship...
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Supertanker

October 15, 2019

Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in years. (more…)
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port-guangzhou-china

October 15, 2019

China wants to hold more talks this month to hammer out the details of the “phase one” trade deal touted by Donald Trump before Xi...
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cape

October 15, 2019

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched lower on Monday on weaker capesize vessel rates....
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Pacific-Basin

October 15, 2019

The dry bulk freight market strengthened significantly in the third quarter with market freight rates in early September reaching multi-year highs across all dry bulk...
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IRON_ore

October 15, 2019

China’s iron ore imports rose for a third straight month in September to a 20-month high, according to customs data released on Monday, fuelled by...
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BW-LPG-vlgc

October 14, 2019

BW Group Limited ("BW Group") has retained Skandinaviska Enskilda Banken AB (publ) Oslo Branch as manager and bookrunner (the "Manager") to explore the sale of...
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DSME shipyard

October 14, 2019

Daewoo Shipbuilding and Marine Engineering (DSME) has won a contract to build two LNG carriers for unidentified American customers. (more…)
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