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The Wire

DP World set to record strong business growth in 2021

DP World, one of the world’s largest port operators, expects strong business growth in 2021 as the world economy continues to recover from the...

Asia’s LNG importers risk supply disruptions if Ukraine conflict hits gas trade

Asia’s LNG importers risk supply disruptions if the Ukraine crisis were to escalate and impact Russian gas deliveries to Europe, but most countries are...

Weaker demand for vessels drag Baltic index to one-year low

The Baltic Exchange’s dry bulk sea freight index fell to its lowest level in a year on Wednesday, pressured by lower rates across all...

Seanergy Provides Guidance on TCE, EBITDA

Seanergy Maritime Holdings Corp. updated its time charter equivalent guidance upwards for the fourth quarter of 2021, provided preliminary TCE guidance for the first...

Safe Bulkers: Acquisition of One Capesize Class Dry-bulk Vessel

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the acquisition of a 2014-built,...

GPA tops 5.5M TEUs, 650K units in 2021

The Port of Savannah moved a record 5.6 million twenty-foot equivalent container units in Calendar Year 2021, growing volumes by a million TEUs, or...

Svitzer AMEA extends contract with Suez Canal Authority

Svitzer, leading global towage provider and part of Maersk, is today announcing another extension of its current contract with the Suez Canal Authority (SCA)...

Maersk to tackle air pollution at ports with ship-charging buoys

Shipping group Maersk plans to install hundreds of offshore charging stations around the world to allow vessels to power themselves with electricity instead of...

Iron ore climbs as major miners face labour shortage in Australia

Iron ore futures in China and Singapore rose on Tuesday after miner Fortescue Metals Group raised concerns over a labour shortage in Australia because...

Baltic index extends fall on waning demand for vessels

The Baltic Exchange’s dry bulk sea freight index fell for a 13th straight session on Tuesday, dragged lower by weaker rates across all vessel...

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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.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

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...

Maritime piracy incidents remain at historic lows despite Somali piracy concerns

The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy...

Bulk Carrier sinks weeks after deadly strait of Hormuz strike

A container ship and a dry bulk carrier have both sunk near the Strait...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

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...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...