Saturday, July 25, 2026
HomeNewsThe Wire

The Wire

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

The Wire

Hyundai Glovis clinches $396 mil. LNG shipping deal

Hyundai Glovis said Thursday it has secured a 580 billion won ($396 million) liquefied natural gas (LNG) transportation contract that will run for up...

Hanwha Ocean secures 1.07 tln-won order from HMM to build 4 container ships

Hanwha Ocean Co., the shipbuilding arm of South Korea's chemical-to-defense conglomerate Hanwha Group, said Friday it has secured a 1.07 trillion-won (US$729.8 million) order...

Super-Eco Tankers orders tanker newbuildings in China

Super-Eco Tankers Management has reportedly signed a contract to build up to four product tankers. Specifically, the shipping company has placed an order for two...

Hajioannou orders MRs at Cosco HI

Polys Hajioannou has reportedly proceeded with an investment in the tanker market, through his private company Safety Management Overseas. The agreement, which according to reports...

Iron ore inches higher on softer dollar, weak demand caps gain

Iron ore futures ended higher on Thursday, helped by a softer dollar, although gains were limited by falling China lump ore premiums that signalled...

Baltic Index extends gains on rising capesize prices

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended gains on Thursday to hit a...

GONDAN to build Østensjø Rederi’s most powerful offshore tugboat

GONDAN has signed a new contract with Norwegian shipowner Østensjø Rederi to build a state-of-the-art offshore tugboat, which will be the most powerful in...

Maran Tankers reinvests in VLCCs

Maran Tankers of the Angelicoussis Group is returning to super tanker shipbuilding, which, according to international shipbuilding platforms, appears to have signed a contract...

Element Shipmanagement expands into bulkers

Element Shipmanagement is expanding into the dry bulk sector, according to the company’s general manager, Alexandros Lemonidis. More specifically, Element has acquired the M/V “Union...

UK P&I Club and TT Club announce merger discussions

The UK P&I Club and the TT Club have announced that they are currently engaged in discussions regarding a potential merger between the two...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...