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

beirut_explosion

August 5, 2020

A huge explosion in a port warehouse district near the center of Beirut killed more than 25 people, injured over 2,500 others and sent shockwaves...
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ship emissions

August 5, 2020

Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89% of the world’s CO2, a study released on Tuesday showed,...
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Vitol_LNG

August 5, 2020

U.S. liquefied natural gas exports are on track to rise in August for the first month in six, helping to boost U.S. gas prices by...
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fsl-trust

August 5, 2020

FSL Trust Management, as trustee-manager of First Ship Lease Trust, announced the financial results of FSL Trust for the 2nd quarter and 1st half ended...
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Red metal barrels against blue sky.

August 5, 2020

Oil demand in Asia Pacific might be expected to plunge 1.8m barrels per day (bpd) this year, but there are still strong prospects for growth...
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Coustas

August 4, 2020

Danaos, one of the world's largest independent owners of containerships, reported unaudited results for the period ended June 30, 2020. (more…)
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Scorpio-Bulkers

August 4, 2020

Scorpio Bulkers announced that it has signed a Letter of Intent to construct a Wind Turbine Installation Vessel (“WTIV”) with options for additional vessels. (more…)
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cruiseship

August 4, 2020

Norway stopped all cruise ships with more than 100 people on board from disembarking at its ports from Monday, after an outbreak of COVID-19 was...
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Oil_Offshore

August 4, 2020

North Sea oil workers are staying offshore for as long as three weeks at a time, potentially increasing the risks of an already dangerous operating...
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Evergreen

August 4, 2020

Evergreen Marine Corporation (Taiwan) Ltd. becomes the eleventh shipowner to publicly disclose its approach to ship recycling through the Ship Recycling Transparency Initiative (SRTI) online...
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oil_bar

August 4, 2020

Venezuela exported about 388,100 barrels per day of crude and fuel in July, almost unchanged versus the previous month, as U.S. sanctions on PDVSA continued...
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ABS

August 4, 2020

ABS is to provide classification services to the first floating heavy lift and installation vessel to be built in Taiwan. (more…)
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Capital

August 3, 2020

Capital Product Partners has agreed new contracts and extensions for five of its vessels. (more…)
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Noble-Jackup

August 3, 2020

Noble Corp., the offshore drilling contractor, filed for bankruptcy after the crash in crude prices made undersea oil wells too expensive to compete. (more…)
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Chevron

August 3, 2020

Chevron Corp on Friday reported an $8.3 billion loss in the second quarter on asset writedowns from plummeting fuel prices, a forced exit from Venezuela...
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