Saturday, May 16, 2026
HomeNewsThe Wire

The Wire

Subscribe

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

The Wire

Teekay Tankers posts profit dip

Teekay Corporation Ltd. ( Teekay or the Company ) (NYSE:TK) reported a business update for the three months ended June 30, 2025.

Diana Shipping returns to profit in Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $4.5 million...

Performace Shipping “well positioned to pursue fleet expansion initiatives”

Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, reported net income of...

Scorpio Tankers reports better than expected Q2 results

Scorpio Tankers Inc. reported its results for the six months ended June 30, 2025. The Company also announced that its board of directors has...

Baltic index extends at two-week low

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell for a fourth straight session to a...

CMA CGM Group: Stable results in an uncertain economic environment

The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met today under the chairmanship...

Houthis say they hold 10 crew from Greek-operated ship they sank off Yemen

Yemen's Iran-aligned Houthis said on Monday they had rescued 10 seafarers from the Greek-operated cargo ship Eternity C, which they attacked and sank in...

Boskalis – Allseas consortium awarded large offshore natural gas pipeline project in Taiwan

Boskalis and Allseas announced that their 50/50 consortium has been awarded a large contract by CPC Corporation Taiwan for the second offshore gas pipeline...

Royal Caribbean increases annual profit forecast

Royal Caribbean Group reported second quarter Earnings per Share of $4.41 and Adjusted EPS of $4.38. These results were better than the company's guidance due to strong...

Samudera Shipping Line reports strong 1H2025 net profit

Asian container shipping line Samudera Shipping Line reported a two-fold increase in net profit to USD41.8 million, from USD20.9 million in 1H2024. This came...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...