Wednesday, July 29, 2026
HomeNewsThe Wire

The Wire

Subscribe

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

The Wire

Diana Shipping acquires 7.7% stake in Genco

According to a recent SEC filing, Diana Shipping has made a $46m play on Genco Shipping & Trading. Diana's purchase of a 7.72% stake in...

Wärtsilä to divest its Marine Electrical Systems business to VINCI Energies

Wärtsilä has agreed to divest its Marine Electrical Systems business to VINCI Energies, a global group offering multi-technical solutions and services for energy, transport...

Baltic Dry Index Hits Over 9-Month High On Capesize Surge

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, climbed to its highest level in more than...

Port of Long Beach cargo slows in June

Cargo moving through the Port of Long Beach slowed in June, but a pause on tariffs could drive a rebound for trade in July. Dockworkers...

DP World and Asian Terminals deploy first fleet of electric internal transfer vehicles in the Philippines

DP World and its strategic partner, Asian Terminals has unveiled a brand-new fleet of 15 electric internal transfer vehicles (eITVs) along with corresponding rapid-charging...

New Fortress Energy signs five-year charter for Energos Winter FSRU with EGAS

New Fortress Energy has finalised a five-year charter for the deployment of the Energos Winter, a 138,250m³ floating storage and regasification unit (FSRU), with...

Trafigura returns to USD debt market with USD500 million senior bond

Trafigura Group, a global leader in the commodities industry, has announced the issuance of a USD500 million senior RegS bond with a five-year maturity...

GULFNAV successfully completes mandatory convertible bond offering

Gulf Navigation Holding PJSC, a leading maritime and shipping company listed on the Dubai Financial Market, announced the successful completion of its AED 500...

HD Hyundai seeking to expand its reach to Morocco, following the U.S. and India

HD Hyundai Heavy Industries is seeking to establish a new production base in the North African nation of Morocco. With its docks already full...

Taylor Maritime sells ten vessels, repays bank debt

London-listed Taylor Maritime has confirmed the sale of ten vessels for combined gross proceeds of $176.3 million. The shipping company has now paid off...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

TOP Ships announces management estimate of net asset value of $359.2 million, a 24% increase from the previously reported NAV

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that after taking into account the June 30, 2026,...

Costamare reports results for the second quarter and six-month period ended June 30, 2026

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.

Diana Shipping urges Genco Shipping & Trading to stop misleading investors and engage in good faith negotiations

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

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...

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...