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The Wire

Loïc Van Staey takes over the reins of KBRV

From 1 July 2025, Loïc Van Staey takes over from Wilfried Lemmens as the Managing Director of the Royal Belgian Shipowners' Association (KBRV). "I am...

Ocean Network Express launches new office in Greece

Ocean Network Express announces the establishment of a new ONE branch in Greece – Ocean Network Express (Europe) Limited, Greece Foreign Branch. Scheduled to commence...

NORDEN sells two additional vessels

NORDEN have sold two additional vessels, one Supramax bulk carrier and one MR tanker. The Supramax vessel is a recently declared purchase option which...

Louis-Dreyfus Armateurs welcomes InfraVia as majority shareholder and Samira Draoua as CEO

The Louis-Dreyfus family, shareholder of Louis Dreyfus Armateurs (LDA), and InfraVia Capital Partners, a leading independent private equity company in Europe, are pleased to...

BHP awards charter contracts for two ammonia dual-fuelled vessels

BHP has signed contracts with COSCO Shipping Bulk, a subsidiary of COSCO shipping Group for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers. The...

Navios South American Logistics announces placement of US$400 million senior secured bonds at 8.875%

Navios South American Logistics, one of the largest infrastructure and logistics companies in the Hidrovia region of South America, successfully priced a US$400 million...

Intermodal Weekly Market Report [W26]

After setting an all-time high for coal imports in 2024, China ap-pears to be entering a new phase of recalibration. Preliminary data for 2025...

Iron ore slides on weak Chinese demand

Iron ore futures declined on Tuesday, as disappointing factory data and persistent property sector woes in top consumer China dampened sentiment. Warnings of lower prices...

Baltic Index hits near one-month low as capesize demand slips

The Baltic Exchange’s main sea freight index fell for a fifth-straight session on Tuesday, to hit a near one-month low, as demand for capesize...

Celestyal announces successful refinancing as it accelerates growth strategy

Celestyal has announced the successful completion of a major refinancing initiative, replacing its original vessel acquisition funding with a more efficient financing model. This milestone...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Iran blacklists more ships trying to sail through Hormuz, govt website shows

Iran has added more ships it deems as non-compliant and subject to fines, confiscation...

Celestyal announces 2028 summer Mediterranean programme

Celestyal has unveiled its 2028 Mediterranean programme, with 124 sailings on sale from September...

Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailors

Saudi Arabia, the world's biggest crude exporter, said on Wednesday that an Iranian attack...

Celestyal launches ‘Uncrowded, Unforgettable, Authentically Med’ winter campaign with fares from €469pp

Celestyal has launched a new winter campaign, ‘Uncrowded, Unforgettable, Authentically Med’ - live from...

Celestyal unveils new winter sailings onboard Celestyal Journey

Celestyal has unveiled seven new winter 2027/28 sailing options onboard the 1,260-guest Celestyal Journey,...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...