Monday, May 18, 2026
HomeNewsThe Wire

The Wire

Subscribe

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

The Wire

Fredriksen increases stake in Star Bulk

Shipping magnate John Fredriksen has increased his stake in the US-listed, Petros Pappas-led dry bulk giant Star Bulk Carriers. According to a relevant SEC filing,...

Intermodal Weekly Market Report [W17]

The global oil market has been riding through intense swings, with Brent crude tumbling 6.85% just last week after Saudi Arabia signaled it’s prepared...

Baltic Index falls on lower capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged lower on Tuesday, pressured by...

Trafigura raises a record USD390 million in the US Private Placement market

Trafigura Group, a global leader in the commodities industry, announced the successful pricing of a new US Private Placement transaction. The placement raised a...

HD Hyundai and Maersk sign MOU for cooperation on decarbonisation technology and integrated logistics services

On Tuesday, 6th of May 2025, HD Hyundai and A.P. Moller - Maersk announced the signing of a Memorandum of Understanding to establish a...

Maersk picks “iconic Maersk blue” for its containers

A.P. Moller - Maersk has presented a new look for its containers. A company post on social media, reads: “The big reveal! Our grey containers...

Solstad Maritime applies for Oslo Stock Exchange listing

Solstad Maritime ASA has applied for listing of its shares on Euronext Oslo Børs with expected first day of trading mid-May 2025 · Solstad Maritime...

VARD signs contract for one Commissioning Service Operation Vessel

VARD signed a new contract with Taiwanese based Dong Fang Offshore for the design and construction of one Commissioning Service Operation Vessel, a sister...

Marcus Risberg appointed as the new CEO of Viking Line Abp

The Board of Directors of Viking Line Abp has appointed Marcus Risberg as the new Chief Executive Officer of the company. Risberg will assume...

Navigator Gas announces signing of $300 million senior secured term loan and revolving credit facility

Navigator Holdings, the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announced on May 2, 2025, its subsidiaries Navigator...

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...