Wednesday, November 4, 2026
HomeNewsThe Wire

The Wire

Subscribe

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

The Wire

HD KSOE’s affiliate wins 367.2 bln-won LNG ship order in Asia

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said Tuesday its affiliate has secured a 367.2 billion-won (US$250 million) order for a liquefied...

Gunvor Group announces management buy-out, appointment of Gary Pedersen as CEO

Members of the management of Gunvor Group, one of the leading physical energy trading companies in the world, announce the successful acceptance of a...

Hanwha Ocean wins 375.4 bln-won VLCC order in Oceania

Hanwha Ocean Co., the shipbuilding arm of South Korea's chemical-to-defense conglomerate Hanwha Group, said Tuesday it has secured a 375.3 billion-won (US$255 million) order...

Global Ship Lease announces agreement to acquire three 8,600 TEU Containerships

Global Ship Lease, a containership owner and lessor, announced the purchase of three 8,600 TEU, Korean-built containerships with ECO upgrades for an aggregate purchase...

Iron ore extends rally on demand for medium-grade cargoes

Iron ore futures prices advanced for a fourth session on Monday, buoyed by strong buying of medium-grade cargoes, though gains were capped by year-end...

Strong capesize rates propel Baltic index to near 2-year high

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, rose to a near two-year-high on Monday,...

Prime Green Recyclers becomes Pakistan’s first Hong Kong Convention compliant yard; GMS welcomes the milestone

GMS extends its congratulations to Prime Green Recyclers on becoming the first ship recycling yard in Pakistan to achieve full compliance with the Hong...

EPS places major order at Hengli

Eastern Pacific Shipping (EPS) has signed contracts with Hengli Shipbuilding for 12 vessels in a deal estimated at $1.1bn–$1.6bn. Specifically, EPS has ordered a series...

NAT: Increased dividend and solid prospects

Nordic American Tankers increased dividend and solid prospects. “The direction of NAT is on the upswing. Safety for crew, safety for ships and dividends remain...

LNG carriers: The rally continues unabated

The LNG carrier freight market is at the center of global interest, as freight rates continue their rally, reaching the highest levels of the...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

Trafigura to provide over USD1 billion to support US refineries acquisition by CVR Energy, Inc.

Trafigura US Holdings, Inc. has signed strategic agreements with CVR Energy, Inc. (“CVR”) to support its intended acquisition of the Mandan refinery in North...

Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd. (described herein as "Navigator Gas" or the "Company") (NYSE: NVGS), the owner and operator of the world's largest fleet of handysize...

Ardmore Shipping reports Q3 and nine-month 2026 results

Ardmore Shipping Corporation announced results for the three and nine months ended September 30, 2026. Highlights and Recent Activity Reported net income attributable to common stockholders...

WISTA International elects new president and champions cross-border collaboration at conference in Kuala Lumpur

WISTA International has elected Céline Mortier as its new President. The former WISTA Belgium President and CEO of maritime provider Bogerd Martin was formally...

Contships Logistics reports Q3 & 9M 2026 results

Contships Logistics Corp. announced its unaudited financial and operating results for the three and nine months ended September 30, 2026. Highlights Fleet Composition -During the first nine...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...