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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Germany’s foreign minister Johann Wadephul criticizes China’s “aggressive stance” in the Taiwan Strait and in the East and South China Seas and stresses the need for internationally binding rules. The …
The Wan Hai Lines container ship Wan Hai 503 is reportedly stable and remains under close monitoring. The vessel is currently being towed by the salvage team and is located …
Newbuilding orders hit their lowest 1H total since 2017 at 169 vessels (down c.26% YoY), and S&P volumes dropped c.36% YoY to 425 sales, according to Veson Nautical’s 2025 mid-year …
Malaysian authorities have intercepted a ship drifting near an oil platform last week. The unidentified vessel, which was found drifting in the waters close to an oil platform since 12 …
The handy tanker market continues its decline, a trend accelerated since the Russia-Ukraine conflict. With spot fixtures in the Baltic and the Black Sea going from around a third of …
Photo credit: Canadian Coast Guard Efforts to free the bulk carrier Federal Yamaska, which grounded in the St. Lawrence River last week, are underway. The Canadian Coast Guard reported that …
The Cyprus-based SED Energy Holdings Plc (Energy Holdings) has announced that its wholly owned subsidiary, SeaBird Exploration (SeaBird), has signed a new contract for ocean bottom nodes (OBN) source work …
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 Abu Dhabi-based and ADX-listed energy maritime logistics company ADNOC Logistics and Services plc (ADNOC L&S) announced that AW Shipping, its joint venture with Chinese Wanhua Chemical Group, has taken …
Photo credit: Godby Shipping Mariehamn-based roro shipowner Godby Shipping bought the roro vessel Transporter from Eckerö Shipping Ab Ltd (Mariehamn, Finland), marking a strategic step forward in the company’s fleet …
A temporary export bar has been placed on a Historic British Maritime Chart Collection, which is at risk of leaving the UK. The export bar has been placed on an …
July was the busiest month on record in the 117-year history of the Port of Los Angeles. The Port handled 1,019,837 twenty-foot equivalent units (TEUs), 8.5% more than last July. …
Hong Kong-headquartered SITC International Holdings Company Limited, an Asian shipping logistics company, said the company will continue to buy container vessels and containers, and invest in logistics projects, “as and …
One of Danish container liner Maersk’s ships experienced a serious fire on board, as reported last week by claims specialist WK Webster. A fire erupted on the Maersk container ship, …
The Special Operations Forces of the Armed Forces of Ukraine carried out a strike on the port of Olya in Astrakhan region. As part of a special operation, Ukrainian forces …
The Hong Kong-flagged tanker crude oil tanker Tenacity Venture en route to the Romanian port of Constanta encountered problems with the engine. According to reports received by claims specialist WK …
Softening his stance on Russia after talks with President Vladimir Putin in Alaska over the Ukraine war, US president Donald Trump said he was not immediately considering levying new sanctions …
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 Netherlands-headquartered maritime service provider Seacontractors has reported the acquisition of the anchor handling tug supply (AHTS) vessels Skandi Tender (2009-built) and Skandi Trader (2008-built) from DOF Group ASA. The …
In an effort to boost the nation’s ferry boat service, the U.S. Transportation Secretary Sean P. Duffy has unveiled a significant funding to 35 states. Sean P. Duffy has announced …
U.S. Coast Guard graphic / Image credit: U.S. Coast Guard / August 14 The U.S. Coast Guard has set its precautionary warning in place for all seaports in Puerto Rico …
Norway’s ship owning company Ocean Yield AS has announced that, together with vehicles managed by investment firm KKR, has agreed to purchase 100% of the shares in CapeOmega Gas Transportation …
Singapore-headquartered shipyard operator Seatrium Limited has signed a letter of intent for powership integrations and FSRU conversions with Karpowership, an energy company and owner, operator, and builder of a large …
Greek gas player Gastrade has resumed operations at the Alexandroupolis LNG Terminal, a few days earlier than originally envisaged. The Greek company reported the resumption of the unloading and regasification …
Copenhagen-based shipowner and operator of product tankers Torm has revealed a huge boost to its owned fleet with a financing deal on “attractive terms.” The company said it has secured …
In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued their further decreasing tendency. As it is mentioned, their composite World Container Index decreased …
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 …
“Criminal networks are exploiting every gap between jurisdictions and every weakness in our cooperation,” warns the head of the International Criminal Police Organization (INTERPOL), who reported that traditional maritime threats, …
The company behind South Australia’s LNG terminal project, Venice Energy, has agreed to sell its project to LNG terminals and downstream infrastructure company, AG&P LNG, a subsidiary of US-owned Nebula …
Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG for one of its post-panamax …
Denmark’s Navigare Capital Partners A/S hired the former chief executive of Christiania Gas A/S, Andrew Christian McPhail, as a new partner, boosting the team of the alternative investment fund manager. …
The New York Stock Exchange-listed drybulk shipowner Safe Bulkers has entered into an agreement for the sale of Pedhoulas Merchant, a 2006 Japanese-built, kamsarmax class, dry-bulk vessel. The Polys Hajioannou-led …
Euroholdings, an owner and operator of container carrier vessels, is making a strategic shift toward modern medium range (MR) product tankers, following the acquisition of 51.04% of the company’s shares …
Over the past week, 5-11 August, one CAT 4 incident of armed robbery against ships in Asia was reported to the ReCAAP ISC. The incident occurred onboard a tug boat …
Sanctions on Russia could either be tightened or loosened, depending on how president Donald Trump’s meeting with Russian president Vladimir Putin on Friday goes, US Treasury Secretary Scott Bessent said …
The United States has formally rejected the International Maritime Organization’s (IMO) proposed carbon tax aimed at reducing global greenhouse gas emissions from the international shipping sector. In a joint statement, …
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 …
From 2027 the Port of Hamburg will generally expect all shore power-capable cruise ships calling at the port to make use of the service, marking a major step in the …
The Directorate General of Shipping (DGS) prohibits maritime training in India by foreign maritime administrations and entities leading to issuance of STCW certificate of competencies (CoC) and certificate of proficiencies …
The Norwegian-headquartered offshore vessel provider DOF Group ASA (DOF) has signed two new long-term RSV contracts in Brazil. DOF states that the 2001-built medium-sized subsea construction vessel Skandi Carla and …
Copenhagen-based specialised chemical shipowner Christiania Shipping has announced the upcoming delivery of all three 13,000-dwt chemical tanker newbuildings with stainless steel tanks. The company confirmed the delivery schedule for the …
Gothenburg marine insurer, The Swedish Club, warns that the new normal for marine insurance is geopolitical volatility. The shipping industry must accept that geopolitical instability is now a permanent part …
South Africa’s minister of trade, industry and competition Parks Tau confirmed that Cabinet has approved the new proposal, which is now ready for formal submission to Washington. “We went to …
Norway’s car carrier operator Wallenius Wilhelmsen is planning half of the so-called Shaper class 14 vessels on order to be equipped with dual-fuel LNG engines and seven with dual-fuel methanol …
Aframax demand prospects remain tied to the fast-moving geopolitical developments, including the increasingly stringent Western sanctions combined with the broader geopolitical tensions. The fortunes of the Aframax market in recent …
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 …
Two new 100% electric, zero-emission ro-pax fast ferries, designed by the ship design company Incat Crowther will be built by Astilleros Armon’s Gijón shipyard for operation by Spanish shipping company …
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