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The Wire

Market seeks alternatives to Russian crude supplies

The geopolitically exposed dirty tanker markets are likely to remain highly volatile through second quarter of 2022 as crude oil fundamentals remain uncertain. Following the...

Saudi’s record crude oil price for Asia shows Russia war impact

The jump in Saudi Arabia’s crude oil prices for its Asian customers is a real world example of how the Russian invasion of Ukraine...

Baltic index falls to its lowest in over a month on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index hit its lowest level in more a month on Wednesday, as rates declined across all vessel...

Marshall Islands Registry Promotes Management Team

International Registries, Inc. and its affiliates (IRI), which provide administrative and technical support to the Republic of the Marshall Islands (RMI) Maritime and Corporate...

Iron ore green corridor links Australia with East Asia

A consortium, led by the Global Maritime Forum and consisting of BHP, Rio Tinto, Oldendorff Carriers and Star Bulk Carriers Corp., have today signed...

Russia’s War in Ukraine Is Straining the World’s Wheat Supply

Across Ukraine’s farm belt, silos are bursting with 15 million tons of corn from the autumn harvest, most of which should have been hitting...

Wärtsilä seeks to accelerate ammonia engine development

A powerful consortium of shipping stakeholders is aiming to develop demonstrators for two-stroke and four-stroke marine engines running on ammonia fuel. The Ammonia 2-4...

Intermodal Weekly Market Report [W13]

The Russia-Ukraine war has dealt a triple blow to sunflower oil, palm oil, and soybean oil supplies...

LNG voyages could face significant impact from new Panama Canal toll structure

A new fee structure proposed by the Panama Canal Authority April 1 includes a call for ships transiting in ballast to pay a percentage...

EU bans Russian coal and shipping from ports, ‘working’ on oil sanctions

The European Union has announced bans on imports of Russian coal and on Russian shipping from EU ports and is working on further sanctions...

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Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

Iran urges US to accept proposal to reopen Strait Of Hormuz

Iran’s offer to the United States to reopen the Strait of Hormuz within seven...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...