Sweden’s green steel producer Stegra has selected sea transport companies for the management of its shipping operations. Sea transport is an important part of the full supply chain and logistics …
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The Great Eastern Shipping Company Limited (GE Shipping) has contracted to buy a secondhand kamsarmax dry bulk carrier on September 8. The 2029-built vessel of about 81,609-dwt is expected to …
Green Ports Hamburg, a subsidiary of the internationally active Greek group Hellenic Environmental Center (HEC), and ZIMMERMANN Sonderabfallentsorgung Nord GmbH & Co. KG, a company of the German group ZIMMERMANN, …
The New-York listed shipowner SFL Corporation has agreed a charter extension for six 15,400 TEU container vessels with Hapag-Lloyd AG for additional seven years. The vessels will then have charter …
China CSSC Holdings, the listed arm of the country’s largest shipbuilder, has won a second major order in less than a week, a contract worth more than $1bn to build …
Greek owner Aegean Shipping Management has agreed to offload an LR2 tanker and exercised an option for the construction of a second very large crude carrier (VLCC). The company, controlled …
Indonesian authorities intensified on Monday a search and rescue operation for dozens of people missing in response to the loss of contact and sinking of a passenger/ro-ro ship in the …
Iran said an agreement reached with Oman on a new maritime route in the Strait of Hormuz does not amount to reopening the strategic waterway. Iranian foreign minister Abbas Araghchi …
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: Omani foreign ministry has announced that a regional meeting on the Strait of Hormuz, which had been scheduled for Monday in Salalah, has been postponed. In an official statement …
Cascadia Maritime Logistics (CML), a ro-ro specialist, has placed Yong Xin 128 on period employment for the Hambantota – Khor Fakkan Ro-Ro feeder. Khor Fakkan lies on the east coast …
The Oman-based Asyad Shipping Company S.A.O.G has signed shipbuilding contracts with South Korean shipbuilder Hyundai Heavy Industries for the construction of two additional medium range product tankers. Announcing the deal, …
The Japanese shipping group Mitsui O.S.K. Lines (MOL) is set to delivery to Chevron its LNG carrier equipped with Wind Challenger under a long-term charter. MOL has named the LNG …
A cargo ship was boarded by suspected pirates off Yemen on Thursday in the latest sign of renewed piracy activity across the wider region. Initial reports from the EU Maritime …
Iran and other Persian Gulf littoral states are set to meet in Oman to discuss regional issues, including a Tehran-Muscat deal to manage shipping through the Strait of Hormuz. In …
Iranian state media has claimed an Iranian container ship was struck by an unidentified projectile in the Strait of Hormuz early Sunday, killing one crew member and injuring four others, …
The World Shipping Council (WSC) is urging governments to close a gap in international dangerous goods regulations that allows containers carrying thousands of lithium batteries to be transported without carriers …
Discoveries across Romanian, Bulgarian and Turkish waters have risen 208% in six months, and in nearly six out of ten cases the payload status of the object was never publicly …
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 …
In accordance with the assessment of Drewry Supply Chain Advisors, the container rates were this week for the second week in a row with unchanged tendency. As it is mentioned, …
Nasdaq-listed Toro Corp. has proposed a spin-off of its LPG carrier business. The subsidiary of Toro, AI OKTO, would become an independent publicly-traded company listed on the Nasdaq capital market …
Korea Line Corporation, the shipping arm of SM Group, has signed a 73 billion-won long-term time charter contract for a pure car and truck carrier (PCTC) with Hyundai Glovis. SM …
Hamburg-based shipowner Ernst Russ AG is expanding its tanker fleet to six vessels with two additional newbuildings. Beyond the four IMO type II chemical/product tankers of the intermediate class (18,500 …
The US military on Wednesday said it had “destroyed” 10 Iranian tankers in just the last week. “These vessels were part of a multibillion-dollar shadow network that funds the IRGC, …
Five people died and 43 rescued after a passenger ferry burst into flames in Philippines on Wednesday, the coast guard said. The ferry caught fire on its journey to Coron, …
Photo credit: Cyprus shipping deputy ministry Cyprus, Greece, Malta and Italy signed a joint declaration in Limassol on September 9 to coordinate positions on shipping competitiveness and decarbonisation in Brussels …
Two citizens of Azerbaijan died and two others were injured in a drone attack on a Turkish offshore tug/supply ship in the Black Sea. The Azerbaijani foreign ministry said in …
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 …
Blue Water Shipping Suriname, part of Danish headquartered Blue Water Shipping, has announced the award of a new three-year logistics contract with Noble Corporation, further strengthening its role as a …
The Seattle (WA) based ship design company Glosten announce that it has been contracted by American Marine Corporation (AMC) to deliver the complete vessel design and engineering package for two …
Photo credit: Yara. Yara announce that Europe’s largest industrial carbon capture facility was officially inaugurated on Monday at Yara’s plant in Sluiskil, the Netherlands. The project establishes the first complete …
The global LNG bunker vessel fleet may need to more than double by 2030 as demand from LNG-fuelled ships grows faster than the infrastructure required to supply them, according to …
The Houston headquartered energy industry engineering and construction solutions company McDermott, has been awarded a subsea contract by Eni Cyprus Limited (Eni) for the Cronos gas field development offshore Cyprus, …
French based shipowner Compagnie Maritime Nantaise, has announced their order for construction of a new hybrid-powered RoRo vessel combining conventional mechanical propulsion and wind-assisted propulsion, dedicated to the maritime transportation …
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 Polish energy company ORLEN and the Port of Gdynia Authority have signed an agreement to explore the use of LNG and bioLNG as marine vessel fuels. ORLEN’s cooperation with …
Indian based Chowgule and Company (Shipbuilding Division), has announced in their social media announced the signing of a contract with Norwegian based Green Maritime Infrastructure (GMI) for the construction of …
The Norway-headquartered marine geoscience and technology firm Shearwater Geoservices AS (Shearwater) has been awarded a seven-weeks North Sea ocean bottom node (OBN) survey, representing the first commercial deployment of the …
Norwegian ferry company Rødne Trafikk took delivery of the new fully electric M/S Rygerlys from Oma Baatbyggeri AS on last Friday. The new fully electric combi-catamaran vessel will operate the …
Thailand’s Precious Shipping Public Company Limited (PSL) reported that the Ultramax vessel Mv Ratima Naree has been fixed on a long-term charter of 12 to 14 months with Trafigura Maritime …
South Korean based shipping conglomerate HMM has announced that it has signed a long-term shipping contract valued at approximately KRW 4.7 trillion (About USD 3.49b) with Brazilian mining company Vale. …
Wuhu Shipyard announced in its social media that during the SMM 2026 exhibition in Hamburg has signed an MOU with German shipowner SAL Heavy Lift for 5 × 14,600 DWT …
Latest figures from classification society DNV reveal that alternative-fuelled vessel ordering was strong in August, reaching 52 new vessels, with LNG remaining the dominant fuel choice. A total of 52 …
The Panama Canal has postponed an October Neopanamax draft cut, keeping the current 14.63-meter (48.0-foot) Tropical Fresh Water limit until further notice. The draft was due to fall to 14.48 …
More deaths were caused by illness (81%) than injury (19%), according to Britannia’s P&I crew claims report from 2023/24 and 2024/25. The most common cause of death due to illness …
Shipowners and C-suite executives are optimistic about their company’s prospects, and say global shipping is in better shape than five years ago. In May and June, at the height of …
Negotiations at the IMO have drawn a blank for the third meeting in a row, as US and Saudi-led efforts to scupper progress were successful, said Transport & Environment (T&E). …
China COSCO Shipping Corporation Limited, the country’s largest shipping group, has strongly rejected recent reports by certain media outlets citing two anonymous senior U.S. officials alleging that ships operated by …
The Hamburg-based Windward Offshore has taken delivery of Windward Hamburg, the fourth commissioning service operation vessel (CSOV) in its newbuilding series with VARD. With the CSOVs Windward Athens, Windward Paris, …
REGENT Craft’s Seaglider™ vessel prototype, Viceroy, has completed its first human-crewed flight. The first flight took place at REGENT’s headquarters on Narragansett Bay, R.I., with a crew of two captains …
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