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The bodies of three people believed to be deceased crew members of a supply boat were recovered from the waters after the vessel sunk following a collision with a landing …
Greek ferry operator Aegean Sea Lines has announced that the ro-ro/passenger ship Anemos is leaving the company’s fleet and it will continue its operations under new ownership. “With a sense …
In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued the increasing tendency. As it is mentioned, their composite World Container Index increased by …
Maritime engineering and shipbuilding group Balaena that owns the drydock and dockyard facility in Gibraltar, Gibdock, and a shipyard in Padstow, Cornwall, announced on Wednesday the acquisition of APCL Group, …
Over the past week, 2-8 June, two (one CAT 3 and one CAT 4) incidents of armed robbery against ships in Asia were reported to the ReCAAP ISC. Both incidents …
US president Donald Trump intensified his pressure campaign against Iran on Thursday, vowing that the United States will “at some point in the not too distant future” seize Kharg Island …
India has advised its seafarers serving onboard Indian and foreign-flagged vessels transiting through conflict-affected waters to exercise the highest degree of caution and vigilance as the US has struck three …
The Indian Navy has successfully carried out a complex and high-risk operation involving the recovery of an unexploded missile warhead from a crude oil tanker, the defence ministry of India …
Greek owners have splashed billions on newbuild contracts with the first half of the year already pointing to unusually strong momentum. The Strait of Hormuz crisis remains unresolved, keeping upside …
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 …
Update: Three Indian seafarers initially reported missing after an attack on the oil products tanker Settebello off the coast of Oman are now confirmed dead after their bodies have been …
No commercial justification for risking seafarers’ lives, says Arsenio Dominguez, secretary-general of the International Maritime Organization (IMO). Dominguez has warned shipowners and masters that the Strait of Hormuz cannot be …
South Korean shipbuilder HD Hyundai Heavy Industries Co., Ltd (HHI) and classification society and offshore safety and verification body Bureau Veritas Marine & Offshore (BV) have launched a joint development …
Norway has announced a new aid package for Ukraine: this year, Oslo will allocate 1.2 billion Norwegian kroner (around €109m) for the development and procurement of maritime drones to Ukraine. …
The Japanese shipping group Mitsui O.S.K. Lines, Ltd. (MOL) is collaborating with Japan Airlines Co., Ltd., classification society Lloyd’s Register, and REGENT Craft Inc. to jointly develop vessel certification and …
Italian product tanker operator d’Amico International Shipping S.A. sealed a deal through its operating subsidiary d’Amico Tankers d.a.c. (Ireland) for the sale of its oldest vessel for a total consideration …
Oman-based Asyad Shipping Company S.A.O.G and Japan’s MOL have sold their jointly-owned 2001-built liquid natural gas carrier, Sohar LNG. Announcing the sale, Asyad Shipping Company said in a filing to …
U.S. Senators Mark Kelly (D-AZ) and Elizabeth Warren (D-MA) urged United States Trade Representative Jamieson Greer to reinstate the Trade Act of 1974’s section 301 port fees on Chinese ships. …
East Asian ports continue to perform strongly in the rankings of the Container Port Performance Index (CPPI) 2025, jointly issued by the World Bank Group and S&P Global Market Intelligence. …
Three Indian seafarers went reportedly missing after an attack on the oil products tanker Settebello off the coast of Oman. Of the 24 Indian crew onboard, 21 Indians have been …
Thousands of seafarers are set to be better protected under new proposals announced by the UK government on June 5 which seek to cement proper rest periods, fairer pay, and …
Nasdaq-listed Greek dry bulk owner Icon Energy Corp. has announced a minority investment in a feeder containership employed on a long-term charter. The Ismini Panagiotidi-led Icon has agreed to acquire …
The South Korean shipbuilder HD Hyundai Samho and classification society Korean Register (KR) have concluded an AI-powered design and analysis project focused on introducing AI technology to shipbuilding operations to …
Russian forces have attacked two civilian boats belonging to the Maritime Search and Rescue Service that were carrying out a humanitarian mission within the Ukrainian sea corridor, the ministry for …
The Abu Dhabi-based SAFEEN Drydocks, a shipbuilding, repair and maintenance company, has secured two major vessel construction contracts valued at AED 1.3bn (around US$354m) in total, marking the largest …
Major gaps between the labour protections afforded to sea workers and those enjoyed by land-based workers across Europe reveals landmark report recently released by the World Maritime University (WMU). A …
The European Commission has proposed the 21st package of sanctions against Russia, targeting key sectors including energy, financial services, crypto, trade – including fisheries, and for the first time vessels …
European Union member states have authorized the naval mission in the Mediterranean, Operation IRINI, to board the ships suspected of being part of the “shadow fleet.” The decision was announced …
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 Hong Kong-headquartered ship management company Wallem Group has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking boat. …
Import volumes at major U.S. container ports are expected to see a skewed year-over-year bump again this month in anticipation of more tariffs and rising fuel prices but then remain …
The Panama Canal Authority (ACP) announced a draft adjustment for vessels passing through the Neopanamax locks. Effective July 3, the ACP will implement a draft reduction at the Neopanamax locks, …
Ukrainian officials are highlighting a milestone, reporting that cargo transported through the sea corridor has now reached 200 million tons. The Ukrainian sea corridor, which has been actively functioning since …
Singapore-based commodity trading company Trafigura said the global market has lost more than 1.1 billion barrels of oil due to the conflict in the Middle East and warned that restoring …
Brussels has pledged to protect European shipping companies from double carbon charges under both EU and IMO regulations. European shipowners received a clear commitment from Brussels last week, with a …
The Indian ministry of ports, shipping and waterways on Monday confirmed a fire incident aboard MT Marivex, a vessel carrying 24 Indian seafarers, stating that all crew members are safe. …
Yemen’s Iran-backed Houthis have opened a new front in the widening Middle East war, declaring a complete ban on navigation in the Red Sea on “enemy ships.” After the war …
The Kuala Lumpur stock-listed Perdana Petroleum Berhad (Perdana Petroleum), a provider of offshore marine support services for the oil and gas industry, has signed shipbuilding contracts with Aulong Shipbuilding Co. …
Singapore-headquartered Eastern Pacific Shipping (EPS) celebrated the signing and closing of a landmark syndicated financing transaction for 11 CoolCo LNG carriers during the international shipping exhibition “Posidonia 2026” week in …
New York-listed containership owner and lessor Global Ship Lease has expanded its fleet in a $917m deal for 10 mid-size, ultra-high-reefer, wide-beam containerships. The Athens-based company said it has signed …
Energy and commodities trading company BGN has sealed a new deal with HD Hyundai Heavy Industries (HD HHI) on June 5 for the construction of two dual-fuel very large gas …
Image: US Central Command The US military had shot down Iranian drones over the Strait of Hormuz, an escalation in hostilities that dampened hopes for a peace deal. U.S. forces …
A container vessel sank about 6 km off Batam on Friday (June 5), the Maritime and Port Authority of Singapore (MPA) said on Saturday. In a statement released on June …
Five seafarers were killed and several others were injured in a drone strike on two cargo vessels in the Sea of Azov. Azerbaijan’s foreign ministry confirmed on Saturday in an …
A new online tool has been developed that makes it possible for anyone to identify hidden vessels operating in Danish waters, enhancing maritime security. Using satellite data, artificial intelligence and …
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 …
Ocean Installer AS, a wholly owned subsidiary of the Norwegian project company Moreld ASA, has been awarded a contract in Brazil by Norwegian oil major Equinor for the Bacalhau Project’s …
Australian authorities have seized 34kg of cocaine concealed within a luxury bus in Fremantle, Western Australia. The Australian Border Force (ABF) officers examined a roll-on/roll-off vessel on Wednesday, May 6, …
New York-listed crude oil tanker company DHT Holdings Inc. is partnering with Hanwha Ocean for the construction of a new very large crude carrier (VLCC). The company placed an order …
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