IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications. The …
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The New York -and- Oslo-listed drilling contractor Borr Drilling Limited has completed its earlier announced acquisition of five premium jack-up rigs from Noble Corporation for a total purchase price of …
We bring the latest news about the shipping industry
In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week again continued the decreasing tendency. As it is mentioned, their composite World Container Index decreased …
The Japanese shipping group Mitsui O.S.K. Lines (MOL) and PSA Singapore, a large container transhipment hub in Singapore, will form a joint venture ro-ro (roll-on/roll-off) terminal in Singapore. The joint …
New York-listed tanker company International Seaways announced the sale or sale agreements of five vessels for aggregate proceeds of around $185m, net of commissions and fees. The shipowner has sold …
Marseille-based container shipping line CMA CGM and infrastructure investment firm Stonepeak have launched the U.S. joint venture United Ports LLC to acquire ten major CMA CGM-operated port terminals worldwide, including …
Greek shipowner Samios Shipping Company SA announced the acquisition of a handysize bulk carrier Agia Pisti, which in Greek it means “Holy Faith.” The 35,300-dwt vessel will be delivered to …
Japanese shipping group Mitsui O.S.K. Lines (MOL) has struck a charter deal with India’s state-owned Oil and Natural Gas Corporation Limited (ONGC), which enables South Korea’s Samsung Heavy Industries Co., …
Norway’s Northern Lights has unveiled the shipowners that will be providing its next generation of four CO₂ ships. Northern Lights, a joint venture (JV) encompassing three oil majors Equinor, TotalEnergies …
Danish authorities have chartered an expedition vessel to accommodate Danish and international soldiers participating in exercise Arctic Endurance in Greenland. The ship has been chartered by the Danish defence to …
IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications. The …
We bring the latest news about the shipping industry
The UK headquartered and New York Stock-listed Noble Corporation plc (Noble) has announced new contract awards for 9 rigs comprising approximately $1.3bn of backlog, including a three-year contract for the …
Greece’s expanding Signal Group joins forces with software solutions provider in shipping industry AXSMarine. Ioannis Martinos-led Signal Group through its technology arm Signal Ocean is buying AXSMarine, a company which …
Hanwha signed multiple strategic memorandums of understanding with Canadian companies Algoma Steel, Telesat, MDA Space, Cohere, and PV Labs, announcing a series of strategic MOUs spanning steel, space, artificial intelligence, …
European Union on Monday gave its final approval to a stepwise ban of Russian gas imports. The 27 EU member states formally adopted the regulation on phasing out Russian imports …
India and the European Union on Tuesday announced the conclusion of negotiations for the free trade agreement, described as ‘mother of all deals’, under which EU exports to India are …
Japan’s Kawasaki Kisen Kaisha (K Line) has agreed in principle with India’s state-owned natural gas company GAIL (India) Limited (GAIL) and J M Baxi Group (J M Baxi) on the …
Evergreen Marine Corp. (Taiwan) Ltd through its subsidiary EMA is buying seven units of 5,900 teu class container vessels and 16 units of 3,100 teu class container vessels. The company …
Veson Nautical has published the latest top 10 shipowning nations rankings for 2026 revealing that China has retained the top spot both in terms of value and vessel numbers with …
The Singapore based offshore and accommodation service provider Nortrans Shipping Agencies Pte Ltd (Nortrans) announced via social media that Temis, a 501-pax maintenance and support unit (MSU), has secured a …
The push to cut greenhouse gas emissions through wind-assisted ship propulsion continues to gain traction after Anemoi completed the installation of four folding rotor sails on a newcastlemax vessel. UK-based …
Norwegian based offshore service company Golden Energy Offshore Services ASA has disclosed that its subsidiary Energy Partner AS signed a binding sales agreement for a platform supply vessel (PSV). The …
Gothenburg-headquartered Stena Line took control of the terminal operator Terrabalt in Liepaja, Latvia. The company completed the acquisition of the terminal operations in Liepaja and taken over the RoRo, bulk, …
Finland-based shipowner Meriaura inked a shipbuilding contract for an open deck carrier with the Jiangsu Zhenjiang shipyard (Group). The ordered 6800-dwt open deck carrier is due for delivery in early …
Sweden’s tanker owner Stena Bulk is plotting further expansion after becoming the majority shareholder in Golden Stena Baycrest Tankers (GSB). Stena said it had acquired additional shareholding in Golden Stena …
New York-listed tanker company International Seaways has acquired Tuesday sole ownership of Tankers International, a shipping pool founded in 2000, providing commercial and administrative management of VLCC tonnage. At the …
Coastal states of the Baltic Sea and the North Sea, joined by Iceland, have issued an open letter to the international maritime community, especially flag and port states, national authorities, …
IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications. The …
The Italy-based and Milan-listed cable specialist Prysmian Group (Prysmian) acquires ACSM, a Spain-based expert in solutions for submarine cable installation, including subsea surveying, route planning and seabed preparation activities with …
Denmark-based research and analysis specialist Sea‑Intelligence reported that global industry schedule reliability dropped in December by -1.2 percentage points M/M to 62.8%, the second-lowest monthly figure since May. Sea-Intelligence released …
John Fredriksen’s tanker giant Frontline has sealed employment contracts for seven of is vessels. The shipowner has entered into one-year time charter-out agreements for seven of its VLCCs. The company …
Image credit: Econowind Chemical tanker operator Chemship has returned to Dutch wind propulsion specialist Econowind for the installation of VentoFoils on two additional tankers. In the second half of 2026, …
The Norwegian shipping company Atlantica Shipping AS signalled its re-entrance into the dry bulk sector after the delivery of a kamsarmax in January. The shipowner announced via social media that …
Portuguese authorities have intercepted a ‘narco’ semi-submersible vessel on the high seas, seizing 300 ‘bales of cocaine’. The seizure took place around 230 nautical miles from the Azores, says the …
Photo by: Petty Officer 2nd Class Christopher Bokum The U.S. Coast Guard cutter Polar Star freed and escorted a cruise ship trapped in pack ice, marking its 50th year of …
Yemen’s Iranian-backed Houthis threatened new attacks on ships traveling through the Red Sea, likely trying to back Iran as it worried Monday about an approaching U.S. aircraft carrier. The US …
IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications. The …
Thailand’s Precious Shipping Public Company Limited (Precious) has concluded long-term charters for two of its ultramax bulk carriers, the company said in a Stock Exchange of Thailand filing. The 2026-built …
French Polynesia reported a record seizure of about 4.87 tonnes of cocaine in the Pacific Ocean, with the drugs believed to be bound for the Australian shores. On Friday, January …
HD Hyundai’s chief participated in key sessions at this year’s meetings in Davos Forum that focused on how artificial intelligence (AI) is reshaping the industry, particularly in the energy transition. …
New figures released by the International Transport Workers’ Federation (ITF) show seafarer abandonment at worst ever levels with 6,223 seafarers abandoned across 410 ships. The numbers released by ITF for …
A Zodiac Maritime tanker Horten rescued a Belgium rower when his boat City of Liverpool capsized in the Atlantic Ocean east of Puerto Rico. The US Coast Guard and the …
Italian product tanker operator d’Amico International Shipping S.A. sealed a shipbuilding contract through its operating subsidiary d’Amico Tankers D.A.C. (Ireland) with Jiangsu New Yangzi Shipbuilding Co., Ltd. (China) (YZJ) for …
US President Donald Trump has threatened to slap a 100% tariff on Canadian goods if the country makes a trade deal with China, escalating tensions between the U.S. and its …
Search and rescue operations are ongoing in South China Sea after the Singapore-flagged bulk carrier Devon Bay sank in South China Sea. The Devon Bay, a 56,095-dwt bulk carrier, 2013-built, …
Ukrainian President Volodymyr Zelenskyy began his address at Davos last week with a stinging rebuke for European leaders over their reluctance to use hard power to punish Russia. Addressing the …
IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications. The …
The New York-listed Bermuda based offshore drilling contractor Seadrill Limited (Seadrill) has announced three contract awards. The ultra-deepwater drillship West Capella has secured a contract in Malaysia with an undisclosed …
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