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The Wire

Greece: Christos Stylianidis to be appointed new Shipping Minister

Greece’s Shipping Minister, Miltiadis Varvitsiotis, announced his resignation on Monday, a few days after the death of a ferry passenger who was forcefully pushed...

Maersk Taps Investors for First Dollar-Denominated Green Bond

Shipping giant A.P. Moller-Maersk A/S is selling dollar-denominated green bonds for the first time ever, the latest company to test investor appetite in a...

Iron ore rebounds on improved China data, resilient demand

Iron ore futures rebounded on Monday as improved China economic data lifted sentiment dented by Beijing’s pledge last week to step up regulatory oversight...

Baltic index hits three-week high on sturdy demand across vessel segments

The Baltic Exchange’s main sea freight index tracking rates for ships ferrying dry bulk commodities, rose to its highest level in three weeks on...

Capital Gas orders world’s largest ammonia carriers

Capital Gas Ship Management Corp. announces the order for the world’s first two 88,000 CBM (㎥) very-large ammonia carriers (VLAC) with KSOE. The innovative...

Equinor, Maersk partner up to ensure continued green methanol supply for the world’s first methanol-enabled container vessel

A.P. Moller - Maersk (Maersk) and Equinor have signed an agreement securing supply of green methanol for Maersk’s landmark, new methanol-enabled feeder vessel during...

EU Takes Aim at Russian ‘Cynicism’ On Black Sea Grain Deal At G20

The European Union castigated Russia on Saturday for pulling out of the Black Sea grain deal, calling its offer of a million tons of...

Greece, China boost cooperation on shipping finance

Cooperation between Greece and China on shipping finance is set to receive a boost, after a conference held at the major Greek port of...

LNG suppliers pin hopes on China for long-term demand

Suppliers of liquefied natural gas (LNG) are betting on China to drive demand for the super-chilled fuel over the longer term despite last year’s...

OPEC+ output rises 120,000 b/d in August despite Saudi, Russia restraint: Platts survey

OPEC+ crude oil output grew by 120,000 b/d in August as by increases in Iran, Iraq and Nigeria more than offset further reductions by...

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TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

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...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Greek ferry sector ‘battered’ by soaring fuel costs

The Greek ferry sector is being squeezed by soaring fuel costs, with the price...

Strait of Hormuz ship crossings remain in single digits, data shows

Vessel transits through the Strait of Hormuz ​remained in the single digits at four...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

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...