Monday, August 10, 2026
HomeNewsThe Wire

The Wire

Subscribe

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

The Wire

ABS issues AIP for ECOLOG’s low-pressure 40,000 m3 design for LCO2 carrier

ABS issued an approval in principle (AIP) for a low pressure, shallow-draft, low carbon footprint 40,000 cbm liquid carbon dioxide (LCO2) carrier design for...

China’s May coal imports rise 11% on lower domestic output

China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output...

Russia starts wheat shipments to Brazil from Baltic terminal

Russia has started wheat shipments to Brazil from Vysotsky Port on the Baltic Sea, the quality inspection arm of Russia’s agricultural watchdog said. “Grain was...

Containers: Spot rates in China to hit five figures

There were further double-digit increases in container spot freight rates this week, after a series of general rate increases and other surcharges came into...

China takes orders for 54 ships vs. Korea’s 2 in May

The Korean shipbuilding industry’s share of global shipbuilding orders plummeted to less than 10 percent in May. This was blamed on a decline in...

Russian tanker group Sovcomflot expects sanctions to cut 2024 revenues

Russia’s leading tanker group Sovcomflot said western sanctions and changing market conditions may cut its revenues this year, a rare admission from a major...

IMO presents pathway to net-zero shipping at Bonn climate talks

The International Maritime Organization (IMO) has outlined its latest progress and plans to decarbonize global shipping by or around 2050, in a submission to...

Posidonia 2024 sees flury of new business deals as shipping industry makes statement of intent in a boost for global trade and economic growth

The 28th edition of the biennial Posidonia Exhibition came to an end today proving once again that it is the most sought-after event to...

Alternative fuels and seafarer upskilling dominate discussions at greener Shipping Summit 2024

Alternative fuels and seafarer upskilling took centre stage at the ‘Greener Shipping Summit 2024’ held at Posidonia 2024 this week. Under the theme ‘New...

Dorian LPG announces pricing of public offering of 2,000,000 common shares

Dorian LPG announced that it has priced its previously announced underwritten public offering of 2,000,000 shares of common stock, par value $0.01 per share,...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Dorian LPG posts record profit

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers...

Star Bulk Carriers Reports Strongest Quarterly Results Since Second Quarter Of 2022

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2026.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

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...