Thursday, August 20, 2026
HomeNewsThe Wire

The Wire

Subscribe

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

The Wire

Baltic index dips further as demand weakens for larger vessels

The Baltic Exchange’s main sea freight index extended its slide on Monday, hitting a fresh 18-month low, as demand for capesize and panamax vessel...

Performance Shipping Announces Termination of ATM Offering

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, effective August 23, 2022, it has terminated the At...

Greece’s strategic gas reserves to be held in FSU off Revithoussa island

Greece’s strategic reserves of natural gas will be located in the new floating storage unit (FSU) on the island of Revithoussa, off the coast...

Nord Stream 1 Pipeline To Shut For 3 Days In Latest Fuel Blow To Europe

Russia will halt natural gas supplies to Europe for three days at the end of the month via its main pipeline into the region,...

Hundreds of boxes damaged in containership fire off Colombo

According to WK Webster, ZIM Charleston, the 8,586 TEU container ship, suffered a fire in cargo hold no. 4, whilst navigating off Colombo in...

APM Terminals wins auction to develop Suape terminal

APMT has won a judicial auction for the acquisition of an Isolated Productive Unit (UPI-B Cais Sul) of Estaleiro Atlantico Sul (EAS), in the...

Workers At UK’s Biggest Container Port Due To Begin 8-Day Strike

More than 1,900 workers at Britain’s biggest container port are due on Sunday to start eight days of strike action which their union and...

Iron ore’s short-term outlook at odds with longer optimism

Iron ore is a market where the short-term outlook is markedly more bearish than the longer-term view, which may fuel volatility in the price...

Gibson Weekly Tanker Market Report [W33]

This week, benchmark VLCC earnings (non-scrubber, non eco) surged to over $40,000/day after spending nearly 20 months with TCEs either negative or below fixed...

Concordia Maritime puts container conversion project on hold

Concordia Maritime has decided to put on hold the project that has been exploring the feasibility of converting a tanker into a containership. “The...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

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...

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.

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...

Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

U.S. ​President Donald Trump said on Tuesday no talks were taking place with Iran...

Cameroon-flagged cargo ship seized by pirates off Somalia

A general cargo vessel sailing under the flag of Cameroon was boarded and seized...

A.P. Moller Capital agrees to acquire a majority stake in leading Moroccan logistics company...

Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by...

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...