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The Wire

S. Korea: Top three shipyards overachieve annual order target

South Korea’s shipbuilding majors have overachieved this year’s annual order target on the rising demand for container carriers in line with global commerce recovery...

Baltic index scales 13-year peak on strong rates across vessels

The Baltic Exchange’s main dry bulk sea freight index rose to its highest level in 13 years on Monday, bolstered by robust demand across...

Goldman expects oil prices to hit US$90 by year-end as supply tightens

Goldman Sachs raised its forecast for year-end Brent crude oil prices to US$90 per barrel from US$80, as a faster fuel demand recovery from...

Höegh LNG Partners Announces a New Long-Term FSRU Contract for the Höegh Gallant

Höegh LNG Partners LP announced that it has entered into an agreement with a subsidiary of New Fortress Energy Inc to charter the Höegh...

Carnival loses $2.8 billion but sees solid 2022 bookings

Carnival Corp. lost $2.8 billion in the third quarter, but shares rose Friday after the cruise line operator said bookings for the second half...

Containers Piling Up At U.S. Rail Yards Add to Port Strains

To understand why more than 100 container ships are waiting to enter U.S. ports from Southern California to Savannah, Georgia, it helps to keep...

UK says it has seen ships breaching North Korea sanctions

Britain said on Sunday it had collected evidence of multiple ships from various nationalities apparently breaching United Nations sanctions against North Korea which ban...

China steps up Australian wheat imports despite trade standoff

China is snapping up cargoes of Australian wheat despite a bitter trade standoff between the two countries, as crop downgrades elsewhere lead to a...

Japan shipbuilding pins comeback hopes on zero-emissions vessels

With decarbonization emerging as a priority in the traditionally emissions-heavy shipping industry, Japan’s Imabari Shipbuilding aims to launch a cargo vessel that runs entirely...

Gibson Weekly Tanker Market Report [W38]

The current strength in gas prices is having major ramifications for global energy markets...

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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...

Danaos exploring bulker business Oslo-listing

Danaos has reportedly hired investment banks to advise on a possible equity placement and listing in Norway for its dry bulk business. More specifically, TradeWinds...

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...

CMB.TECH sells Suezmax vessel for $ 59.6 million gain

CMB.TECH NV has sold one Suezmax, generating a gain of approximately 59.6 million USD. CMB.TECH...

Trump says Russia and Ukraine agreed to ‘energy ceasefire’

President Donald Trump said Sunday that Russia and Ukraine had agreed to an “energy...

Iran says US response to its proposal to reopen Hormuz was ‘insufficient’

The United States' response to Iran's seven conditions in a proposal to reopen the...

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...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...