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

shell

July 2, 2020

Crude exports from the Louisiana Offshore Oil Port (LOOP) are hitting a record high even as U.S. crude exports have fallen as the coronavirus pandemic...
Read More
Golar-LNG

July 2, 2020

LNG is creating its own momentum as a credible shipping fuel with infrastructure developing well and uptake is likely to resume where it left off...
Read More
UK

July 2, 2020

The UK Ship Register (UKSR), part of the Maritime & Coastguard Agency, has announced it is to open its first overseas sales hub as part...
Read More
Seanergy

July 2, 2020

Seanergy Maritime Holdings Corp. announced that the Company received approval, in the form of a commitment letter, from one of its existing lenders to refinance...
Read More
Cyprus-flag

July 1, 2020

The Cyprus Government has confirmed that Natasa Pilides, has been moved from her position at the Deputy Shipping Ministry in a reshuffle of ministers. Vasilis...
Read More
Diana Shipping

July 1, 2020

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that on June 29, 2020, it signed, through two wholly-owned...
Read More
cmacgm

July 1, 2020

CMA CGM, the world’s fourth-largest container shipping line, will impose emergency congestion surcharges at Cape Town port in July due to disruptions caused by the...
Read More
Capesize_ships

July 1, 2020

The Baltic Exchange’s main sea freight index edged higher on Tuesday, helped by gains in supramax and panamax vessel rates, and marked its best month...
Read More
iron-ore-ship

July 1, 2020

Benchmark iron ore futures in China dropped on Tuesday on concerns of declining steel demand due to construction slowdowns caused by poor weather and the...
Read More
ZIM

July 1, 2020

ZIM Integrated Shipping Services has expanded its reefer fleet with an additional 500 Star Cool reefers, this time upgraded with Controlled Atmosphere (CA), supporting ZIM’s...
Read More
HHI_Credit_Bloomberg

July 1, 2020

Hyundai Heavy Industries Co. and other major shipbuilders are scurrying to develop eco-friendly power systems for ships in order to clinch more deals amid toughened...
Read More
Intermodal

July 1, 2020

It was beginning of 2020 close to 6 months from now when we first experienced the huge impact of the COVID 19 outbreak on Ship...
Read More
HMM Oslo

June 30, 2020

The HMM Oslo, the biggest vessel ever to call at DP World Southampton, arrived in the early hours of Friday 26 June at the end...
Read More
STX offshore

June 30, 2020

STX Offshore & Shipbuilding is accepting voluntary resignations as the prolonged Covid-19 outbreak takes its toll on business, the company announced Monday. (more…)
Read More
oil_tanker

June 30, 2020

The Trump administration’s plan to add as many as 50 oil tankers to an already long list of sanctioned vessels would be enough to send...
Read More