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The Wire

Maersk Heading to Biggest Profit in Danish History

A.P. Moller-Maersk A/S is now heading for a full-year profit that will match its combined results from the past nine years and make business...

Top Global Companies Call for Zero Emissions Shipping By 2050

More than 150 leading companies and organizations including oil majors and port authorities on Wednesday called for the global shipping industry to be fully...

Strong gains across vessels steer Baltic index to 12-year peak

The Baltic Exchange’s main dry bulk sea freight index rose for a third straight session on Tuesday, hitting a near 12-year high, driven by...

Vitol Bunkers extends services to ARA region

Vitol Bunkers will extend its services from 1st October to the ARA region in Europe. Vessels visiting ARA will be able to benefit from...

Intermodal Weekly Market Report [W37]

The unfolding last week of a trilateral defence pact between the United States, Australia, the United Kingdom (AUKUS) envisages a wide range of collaboration,...

Clarksons Research: Offshore Review & Outlook

The Clarksons Research semi-annual review and outlook of the offshore and energy markets, Offshore Review and Outlook, has been released. While offshore oil and...

Subsea 7 awarded contract offshore Norway

Subsea 7 announced the award of a sizeable contract by OneSubsea, the subsea technologies, production and processing systems division of Schlumberger, for a project...

CMA CGM Confirms Reports of Fresh Cyber Attack

CMA CGM issued a statement to customers confirming that the company has experienced another data breach. In the written statement, the company reassures customers...

Diana Shipping Announces Time Charter Contract for m/v Maera with ASL

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered...

Petrobras commits to net-zero carbon emissions

Brazilian state-controlled Petrobras is the latest national oil company to commit to becoming carbon neutral, in line with the 12-member global oil and gas...

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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...

TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

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...

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...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...