Saturday, September 26, 2026
HomeNewsThe Wire

The Wire

Subscribe

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

The Wire

Seatrade takes strategic stake in JR Shipping Group

JR Shipping Group announces that Seatrade has taken a strategic participation in the company and has become a strategic partner in the Harlingen-based JR...

Imabari shipbuilding completes acquisition of Japan Marine United

Imabari Shipbuilding says it completed the purchase of a controlling stake in Japan Marine United, or JMU, on Monday as it seeks to compete...

Iron ore rallies to multi-month high as China pledges to ease monetary policy

Iron ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of improving demand in top consumer China following Beijing’s...

Costamare Inc. declares quarterly dividend on its preferred and common stock

Costamare Inc. has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock, US $0.531250 per...

Transocean announces contract award and extension totaling $168 million

Transocean announced a contract award and an extension, respectively, for two of its drilling rigs. Together, the fixtures represent approximately $168 million of firm...

Borr Drilling Limited – Contracting Updates

Borr Drilling Limited announced new contract commitments for two of its premium jack-up rigs. In the Americas, the Ran has received a one-well extension with...

Union Bulk names Boesen as the new chief executive officer

Union Bulk A/S chief executive officer Michael Bonderup is stepping down after 15 months in the role. Bonderup joined the dry cargo vessel operator in...

TORM plc occurrence of threshold date and change to the board

TORM plc’s issued an announcement dated 23 December 2025 regarding completion of Hafnia Limited’s acquisition of shares in TORM plc from Oaktree Capital Management,...

V. announces the acquisition of maritime fuel efficiency & decarbonisation partner Njord

V.Group (V.), the leading global marine services provider, announces the acquisition of Njord, the maritime fuel efficiency and decarbonisation partner, founded by Maersk Tankers....

Israel signals it may block sale of major stake in ZIM

Israel’s Companies Authority has intervened in the potential sale of shipping company ZIM, slightly cooling the process and signaling that the state may actively...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

At UN, 80 countries demand reopening of Hormuz, condemn Iran, Houthi attacks

Some 80 countries demanded the urgent reopening of ​the Strait of Hormuz on Thursday...

V.Group names new CEO

V.Group has appointed Shubpreet Singh as chief executive of V.Ships. Singh succeeds Robert Desai,...

Shipping magnate worth $13.5 billion rides AI boom with Nvidia

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside...

PIL announces planned leadership succession: Wan Chee Foong appointed Deputy CEO, to succeed Lars...

The Board of Directors of Pacific International Lines (PIL) announced the appointment of Mr...

ABS and lomarlabs team up to accelerate early-stage, innovative solutions for global shipping

ABS and lomarlabs have signed a Master Research Collaboration Agreement (MRCA) to explore innovative...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...