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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In accordance with the assessment of Drewry Supply Chain Advisors, the container rates returned back to the decreasing tendency. As it is mentioned, their composite World Container Index decreased by …
Italian container terminal logistics player Contship, through its subsidiary Sogemar, is buying Tarros Group, a maritime transport and integrated logistics operator in the Mediterranean. The deal covers the acquisition of …
The Japanese shipping group Mitsui O.S.K. Lines (MOL) has signed a long-term time charter contract with Germany-headquartered Deutsche ReGas for the deployment of one FSRU at the Energie-Terminal “Deutsche Ostsee” …
Norway’s car carrier operator Wallenius Wilhelmsen has entered into two three-year contracts with a leading equipment manufacturer for shipping and logistics services. Wallenius Wilhelmsen said the total contract value is …
European Community Shipowners’ Associations (ECSA) said the Environment Committee of the European Parliament votes on November 4 on a motion for resolution objecting to the Commission’s proposal to add two …
Spain-based shipping group Boluda Shipping has agreed to acquire Samskip, including all its assets and operations, to expand its short-sea shipping network across Northern Europe and West Africa. The transaction …
China’s COSCO SHIPPING Energy Transportation is widening its gas carrier operations through an ethylene carrier newbuilding project priced at RMB335m (about USD 50.3m) at affiliated COSCO SHIPPING Heavy Industry (Dalian). …
Dockworkers in 22 countries are preparing coordinated strikes and demonstrations on Friday, October 30, in an international campaign opposing the movement of military equipment to conflict zones through civilian ports. …
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 …
UK’s port operator Associated British Ports (ABP) has acquired Global Shipping Services (Global), a provider of stevedoring, warehousing, storage and port agency services across the Humber region. According to ABP, …
Hanwha Defense USA (HDUSA) is moving to acquire a controlling stake in Hanwha Philly Shipyard, bringing the shipyard under HDUSA’s leadership and governance structure. HDUSA established a presence at Hanwha …
Italy’s Fratelli Cosulich Group has sold the first of its four new-generation IMO type II bunker tankers developed under its newbuilding programme to SPC Shipping. The group completed the sale …
The New-York listed shipowner SFL Corporation has agreed to acquire two container vessels and one very large ammonia carrier for an aggregate purchase price of around $365m in combination with …
Oslo-headquartered car carrier operator Wallenius Wilhelmsen extends its fleet renewal program with four new dual-fuel pure car and truck carriers (PCTCs). Wallenius Wilhelmsen sealed an agreement for the PCTC quartet …
The United States has implemented a blockade of all Iranian ports and coastlines, as tension increases in the region. The measure, issued in an advisory via the Joint Maritime Information …
All 18 crew members from a Greek-controlled container ship, which was hit by drones in the Black Sea, have been rescued without any fatalities, Bulgarian authorities said. The attack occurred …
Bulgaria, Türkiye and Romania condemned drone attacks against commercial vessels in the Black Sea during a trilateral meeting of defense ministers in Sofia and discussed regional security and deeper cooperation. …
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 India-based Great Eastern Shipping Company Limited (G E Shipping) has contracted to buy a secondhand very large gas carrier (VLGC) of about 82,000 cbm on October 23. The 2015-built …
Seven Japanese companies have agreed to develop an ammonia fuel supply chain in Japan’s Chubu region and build and operate four ammonia-fuelled car carriers supported by the supply chain. The …
Shipping routes and energy infrastructure must be protected in conflicts to minimise disruption to global trade and energy security, Qatar’s minister of state for energy affairs, Saad Sherida Al-Kaabi, who …
The United Kingdom Maritime Trade Operations (UKMTO) Centre issued a warning on Monday after receiving multiple third-party reports of a vessel on fire 63 nautical miles southeast of Al-Faw in …
Singapore-listed Yangzijiang Maritime Development has recently signed sales contracts for a total of six newbuild vessels. The vessels comprise two 49,500-dwt medium-range tankers scheduled to be delivered between 2026 and …
Global marine insurance premiums reached $42.6bn in 2025, up 5.5% on 2024, but the weakness of the US dollar masked any underlying market development while increased capacity and competition continued …
A free online map, SAT-JAM, showing where satellites experience GNSS interference, including possible jamming, has been created by researchers from DTU Space at the Technical University of Denmark. The GPS …
Greek shipyards have called the European Commission to recognise Greece as the Southern Pillar of European defence shipbuilding. The aim is to establish Greece as a leading power, having an …
The London-headquartered mining company Rio Tinto will invest US$1.9bn to develop the Kangwinan bauxite project on Western Cape York Peninsula in Queensland, Australia. The miner states that this brownfield investment …
The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to buy the Norwegian shipping company Color Line. The transaction will bring together …
Limassol-based ship-owning company Robin Energy is buying an LPG carrier from a Nasdaq-listed entity controlled by its chairman and chief executive officer Petros Panagiotidis. The company has sealed a deal …
India’s Transworld Shipping Lines Limited, formerly known as Shreyas Shipping and Logistics Limited, has signed a memorandum of agreement for the acquisition of two 2006-built containerships, OEL Surya and OEL …
Saudi Arabia National Shipping Company (Bahri), the Kingdom’s shipping and logistics provider, and International Maritime Industries (IMI), a large integrated maritime yard in the MENA region, have signed a contract …
Greece will keep its Patriot missiles in Saudi Arabia, where it guards energy infrastructure at the Red Sea port of Yanbu. The decision comes as Yemen’s Houthis step up drone …
The TUI Cruises’ Mein Schiff 3 was involved in a collision with a containership while attempting to depart Bremerhaven, Germany, on Sunday October 25, 2026. The cruise ship was preparing …
The U.S. government is proposing to keep port fees targeting China-linked vessels on hold until January 9, 2027, giving Washington and Beijing more time to negotiate over China’s dominance of …
Norway-based and Oslo-listed offshore specialist Havila Shipping ASA has secured one-year contract extension for two of its platform supply vessels (PSVs) with Norway’s oil major Equinor Energy AS. Equinor Energy …
J.D. Irving, Limited, a Canadian multi-industrial company headquartered in Saint John (New Brunswick), is investing $72.5m CAD [Canadian dollar] as part of an infrastructure initiative that will strengthen the Saint …
London-listed dry bulk specialist Taylor Maritime Limited (TML) has found a buyer for its last owned vessel as it exits commercial shipping operations. The company has agreed terms for the …
The European Parliament has called on the European Union to consider deploying a naval operation in the Black Sea following deadly strikes on civilian merchant vessels off the coasts of …
South Korea’s HD Hyundai USA LLC (HD Hyundai) and Kiewit Maritime Co. (Kiewit), an affiliate of Kiewit Offshore Services, have announced plans to establish a joint venture focused on developing …
The UAE ministry of climate change and environment has confirmed an oil spill from a tanker affecting beaches in Umm Al Quwain. The ministry confirmed that the odours reported in …
An ore/oil carrier carrying Ukrainian and Azerbaijani crew has been struck off the coast of Romania on Friday, October 23, killing one crew member and leaving three missing, officials said, …
The United States and Denmark have signed a memorandum of understanding (MoU) on maritime cooperation, seeking to strengthen American shipbuilding capacity, attract Danish investments to U.S. shipyards and create jobs …
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 Norwegian-headquartered offshore and subsea vessel provider DOF Group ASA (DOF) has announced the award of a subsea contract in Africa. The contract will be executed by Skandi Acergy, the …
In accordance with the assessment of Drewry Supply Chain Advisors, the container rates continue the increasing tendency. As it is mentioned, their composite World Container Index increased by 2% to …
Ports have been urged to begin planning for advanced nuclear technology in a joint paper from classification society Lloyd’s Register and the British Ports Association (BPA). The report, Advanced Nuclear …
Luxembourg-headquartered maritime leasing and asset ownership company Seven Yield has secured five-year time charters for two pure car and truck carriers (PCTCs) with a major Chinese automobile manufacturer. The agreements …
The Panama Canal reported growth in both vessel transits and tonnage in fiscal year 2026, a period running from October 2025 through September 2026. According to the authority, the figures …
The container shipping market is faced with the adverse situation of a slowdown in trade volume growth for 2027. The IMF’s October 2026 World Economic Outlook (WEO) report predicts a …
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