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The Wire

Baltic Index Sees Worst Day In Three Weeks On Capesize Drop

The Baltic Exchange’s dry bulk sea freight index fell on Monday to mark its worst day in almost three weeks, pressured by lower rates...

Iron ore slips from 6-month highs; steel prices firm on China hopes

Iron ore futures dipped on Monday, retreating from six-month peaks, although Shanghai steel benchmarks held firm on demand hopes after China relaxed its COVID-19...

Dynagas optimistic for the outlook of LNG shipping in the long term

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas (“LNG”) carriers, announced its results for the three and nine months ended...

DP World and Puntland Government sign construction agreement to upgrade Port of Bosaso

DP World and Somalia’s Government of Puntland, today signed a construction agreement for expansion and upgrade work at the Port of Bosaso. The agreement was...

Port Of Odesa Not Operating After Russian Drone Attack

The Ukrainian port of Odesa was not operating on Sunday after the latest Russian attack on the region’s energy system, Agriculture Minister Mykola Solsky...

S. Korea: More LNG Carrier Orders Anticipated Next Year

Mozambique is resuming its LNG development project and contracts of Hyundai Samho Heavy Industries and Samsung Heavy Industries are expected to be signed soon...

China slowdown sounds alarm bells for dry bulk market

Stormy seas lie ahead for the dry bulk market as the shipping industry comes to terms with the new environmental regulations being introduced by...

Waterfront Shipping enters into time-charter agreement with Trafigura

Waterfront Shipping, a subsidiary of Methanex, the world’s largest producer and supplier of methanol, announced that it has entered into a time-charter agreement with...

OSG Announces Charter Option Extensions for Vessels Leased from American Shipping Company

Overseas Shipholding Group, Inc. (NYSE: OSG) (“OSG”), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets,...

Global crop protection market provisionally up 6% in 2022

The global chemical-based crop protection market is expected to have recorded 6.2% growth in 2022 to $69,256 million at the ex-manufacturer level, according to...

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Odfjell SE 2Q26: A strong financial result

Odfjell SE reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter....

Navios Maritime Partners L.P. reports financial results for the second quarter and six months ended June 30, 2026

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...

C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

Onassis’ Olympic Shipping sells 15-year-old VLCC at record price as ADNOC continues buying spree

Market sources told Riviera that the Greek owner sold 2011-built, 319,368-dwt Olympic Leopard for...

Panama Canal to cap daily transits, anticipating severe El Niño

The Panama Canal ‌Authority will cap daily transits as of early September as it...

BIMCO: Global grain shipments fall 8% as attacks in the Black Sea escalate

“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y,...

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

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...