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

Vogel-Eagle-Bulk

October 11, 2019

Eagle Bulk, one of the world’s largest owner-operators within the Supramax / Ultramax segment, announced that it has taken delivery of the fourth of six...
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Diana Shipping

October 11, 2019

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...
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Capesize_ships

October 11, 2019

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit a two-week high on Thursday, as vessel rates...
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dry bulk

October 11, 2019

Short period (3-5 months) and two-laden-leg fixtures have dried up in the Atlantic dry bulk markets, as shipowners seek to minimize risk ahead of the...
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Piraeus_cruise_port_16x9

October 11, 2019

The Piraeus Port Authority (PPA S.A.) announces that the Committee of Planning and Development of Ports (ESAL) approved investments amounting to € 611.8 million, which...
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Employees working at cargo ship Kypros Land which is loading soybeans to China at Tiplam terminal in Santos, Brazil, Merch 13, 2017.  Picture taken March 13, 2017.  REUTERS/Paulo Whitaker

October 11, 2019

Combined soya bean exports from Brazil and the US are down 7.8% in the first eight months of this year, as the main Brazilian soya...
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BIMCO_

October 11, 2019

BIMCO has developed a monitoring service for bunker prices, with data provided by MABUX, which is now available to all BIMCO members. (more…)
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marshall-islands_big

October 11, 2019

At the European Union (EU) Economic and Financial Affairs Council (ECOFIN) meeting in Brussels this morning, it was announced that the Republic of the Marshall...
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Shipping-emissions

October 10, 2019

EU climate commissioner-nominee Frans Timmermans plans to target shipping, aviation and road transport to cut EU CO2 emissions by 2030 more quickly than currently agreed,...
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Teekay-shuttle-tanker

October 10, 2019

Teekay Shuttle Tankers has placed USD 125 million senior unsecured green bonds due October 2024. (more…)
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DryShips

October 10, 2019

DryShips, a diversified owner and operator of ocean going cargo vessels, announced that, at a special meeting held today, its shareholders voted in favor of...
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tanker

October 10, 2019

Oil-tanker earnings surged above the $100,000-a-day marker on the benchmark route as a looming ship-fuel revolution combined with U.S. sanctions to supercharge rates. (more…)
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Cosco

October 10, 2019

About one-third of the oil tankers owned by COSCO Shipping Tanker (Dalian) have shut off their ship-tracking transponders since the United States imposed sanctions on...
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mol-sells-another-capesize-bulker

October 10, 2019

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, jumped on Wednesday, on stronger demand for capesize vessels...
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Fearnleys1

October 10, 2019

VLCC rates have surged this week and show no signs of stopping any time soon... (more…)
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