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The Wire

Canada Dockworkers Renew Strike Threat With Rejection Of Contract

Dockworkers on Canada’s west coast raised the possibility of a renewed labor disruption at the country’s busiest port after turning down a proposed contract. Members...

S.Korea’s shipbuilders near $9.4 bln in LNG carrier orders from Qatar

South Korea’s top three shipbuilders — HD Hyundai Heavy Industries Co., Hanwha Ocean Co. and Samsung Heavy Industries — as early as September will...

Dirty tanker trade dynamics shift as market heads into summer doldrums

Freight markets for tankers carrying crude and dirty products out of the Americas face mixed fundamentals heading into the traditionally weaker summer months, as...

Safe Bulkers on profitable eco course

Safe Bulkers’ profits remain at high levels in the first half of 2023, despite the fact that the freight market has been under pressure...

Performance Shipping sees major increase in second quarter profits

Performance Shipping reported record net income of $18.4 million and net income attributable to common stockholders of $17.9 million for the second quarter of...

Keppel enjoys ‘transformational & productive’ first half

Keppel Corporation Limited (Keppel) reported a net profit of over S$3.6 billion for the half year ended 30 June 2023, the highest profit on...

HD Hyundai builds stable profit momentum

HD Hyundai, the world’s largest shipbuilder and heavy industries conglomerate, released its 2023 Q2 financial results. HD Hyundai reported a revenue of 15.6213 trillion won...

HHLA adjusts financial year forecast

Based on preliminary figures for the first six months, Hamburger Hafen und Logistik AG (HHLA) is adjusting its forecast for the current financial year. The...

Iron ore dips as traders seek China stimulus details

Iron ore futures dipped on Thursday, with the Dalian benchmark retreating from a three-day advance spurred by China’s pledge to step up support for...

Baltic index hits two-week high on firm capesize, panamax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a two-week high on Thursday, supported by...

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Maersk slides as investors brace for ‘Bleak’ quarters ahead

A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping giant’s full-year profit guidance. Maersk’s underlying earnings before interest, tax,...

International Seaways reports third quarter 2025 results

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the...

TORM plc Q3 2025 results, dividend distribution, and financial outlook 2025

“TORM delivered its strongest quarterly result so far in 2025, demonstrating the strength of our integrated operating model and the people behind it,” says...

A Decade on the Stock Exchange: Hapag-Lloyd marks 10 years of sustainable growth and value creation

Hapag-Lloyd celebrates the tenth anniversary of its listing on the Frankfurt Stock Exchange. Since its IPO in November 2015, the Hamburg-based company has evolved...

Dorian LPG profit at highest level in six quarters

Dorian LPG, a leading owner and operator of modern very large gas carriers, announced that its Board of Directors has declared an irregular cash...

Kit Kernon passes away prematurely – Global shipping is poorer

Kit Kernon, one of the most influential people in global shipping, has passed away....

Baltic Index extends gains to hit over two-week high on strong vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Suez Canal Authority denies role in detention of sanctioned Russian tanker

In response to circulating news reports regarding the Suez Canal Authority's detention of the...

Baltic Index rises to two-week high on stronger capesize and panamax rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Baltic Index rises on firmer capesize rates

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry...

AD Ports Group signs agreement with CMA CGM Group to acquire minority stake in Latakia International Container Terminal in Syria

AD Ports Group, a leading global enabler of trade, logistics, and industry, signed a Joint Venture and Shareholders agreement with France-based CMA CGM Group,...

A.P. Moller – Maersk strengthens its ties with India

Maersk and APM Terminals deepen their commitment at the India Maritime Week 2025 by announcing the intent to invest in port infrastructure and explore...

Throughput at the Port of Rotterdam falls slightly in the first nine months of 2025

Total throughput in the port of Rotterdam fell slightly by 2.6% in the third quarter of 2025 compared to the same period last year....

Piraeus Port sees revenue increase in 1H2025

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Major new $131 million expansion announced for Port of Mobile container terminal

Port officials have announced plans for yet another expansion to Mobile’s container terminal, capitalizing on a recently completed project to widen and deepen the...