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The Wire

Shipping: Investments in new ships pose high “green” risk

Two Greek shipowners, Dr. Nikos Tsakos and Stamatis Tsantanis, focused on the risk of investing in new ships, as a result of the great...

Egypt: Petroleum Ministry, SCA pen deal for LNG fueling station in Port Said

The Ministry of Petroleum and Mineral Resources and the Suez Canal Authority (SCA) signed a memorandum of understanding (MoU) to establish a liquefied natural...

FRO – Third quarter and nine months 2025 results

Frontline reported unaudited results for the three and nine months ended September 30, 2025: Highlights Profit of $40.3 million, or $0.18 per share for the third...

Diana Shipping announces proposal to acquire remaining shares of Genco Shipping & Trading Limited

Diana Shipping announced that it has submitted a letter to the Board of Directors of Genco Shipping & Trading Limited setting forth a proposal...

Iron ore futures snap two-day slide on China policy signals, supply disruptions

Iron ore futures rebounded on Monday, breaking a two‑session losing streak, as policy support headlines from China and fresh supply disruptions fueled bullish sentiment. The...

Baltic Index rises to near two-year high as larger vessel rates firm

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to its highest in nearly two...

Celestyal launches week-long Black Friday promotion with up to 70% off

· Up to 70% savings available on 113 Greek, Mediterranean and Arabian Gulf sailings departing December 2025 to October 2027. · Extended CelestyalPay bonus, offering...

Neptune Lines: Two important milestones in the Genesis Project

Neptune Lines, owned by Melina Travlou, has recorded two key milestones as part of the ambitious Genesis Project: the launching of Neptune Piraeus and...

Contract signed for the expansion of Pier 6 – The largest upgrade project for the Port of Thessaloniki begins

ThPA S.A. and “METKA S.A. – TEKAL S.A. (PIER 6) J/V” co-signed the Construction Works Contract for the expansion of the port infrastructure of...

Havila Shipping ASA: Equinor Energy AS has exercised one year option for Havila Charisma

Equinor Energy has exercised one year option for Havila Charisma until December 2026. Equinor Energy has an option for one year thereafter, until December 2027.

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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...