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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NYK Holding (Europe) B.V. (NHE), part of Japanese shipping conglomerate NYK Group, has reached an agreement on March 11 with the Norwegian shipping company Westfal- Larsen Group to fully acquire …
Oslo-listed Stolt-Nielsen Limited, through its subsidiary Stolt-Nielsen Gas Ltd., has entered into a share purchase agreement to sell 50% of Avenir LNG Limited (Avenir LNG) to Japanese shipping major Nippon …
The US has issued a new advisory to U.S.-flagged vessels transiting the Persian Gulf, Strait of Hormuz and Gulf of Oman to maintain a minimum standoff of 30 nautical miles …
Iranian oil tankers continue passing through the Strait of Hormuz to maintain global oil supply, US Treasury Secretary Scott Bessent said on Monday (March 16) in an interview with CNBC. …
Greece-based Seanergy Maritime Holdings Corp. has agreed to acquire two scrubber-fitted 181,500-dwt capesize vessels to be constructed at a shipyard in Japan and has entered into an agreement for the …
Swedish authorities are investigating a tanker that was allegedly sailing under a false flag in the Baltic Sea. The Swedish Coast Guard boarded a 228-metre tanker off Trelleborg in the …
Update: There is no appetite among EU countries to change the mandate of the EU’s naval operation Aspides so that it can protect civilian ships in the Strait of Hormuz. …
India is in touch with Iranian authorities to arrange the safe passage of almost 22 Indian-flagged merchant vessels through the Strait of Hormuz, which has effectively been closed by 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 …
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 …
The Australian Maritime Safety Authority (AMSA) has taken swift action to protect seafarer welfare by detaining a Liberian-flagged bulk carrier and banning it from Australian ports for six months after …
UK defence secretary John Healey MP and attorney general Richard Hermer KC convened legal representatives from Joint Expeditionary Force (JEF) nations to discuss the legal framework for military action to …
Bermuda-based drybulk owner Himalaya Shipping has sealed a new charter deal for one of its vessels. The company has entered into a new time charter agreement for the 210,000-dwt newcastlemax …
Container vessel, Source Blessing, was struck by an unknown projectile while sailing approximately 35 nautical miles north of Jebel Ali, UAE, on March 12, according to reports from claims specialist …
The U.S. will release 172 million barrels of oil from the Strategic Petroleum Reserve in a bid to reduce oil prices that have soared due to supply shocks from the …
The United Arab Emirates has expressed its strong condemnation and denunciation of the attack that targeted the Port of Salalah in the Sultanate of Oman, which resulted in damage to …
An Indian seafarer lost his life after a crude oil tanker was struck by an unmanned craft on the port side of the vessel while she was conducting ship-to-ship (STS) …
The Norwegian Maritime Authority (NMA) has decided that, until further notice, Norwegian-flagged vessels will not be permitted to enter the Strait of Hormuz. For ships already operating in the area, …
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 Japanese shipping group Mitsui O.S.K. Lines, Ltd. (MOL) has acquired a 25% equity stake in V.Ships France SAS (VSF), a ship management company headquartered in Nantes, France, through its …
Sweden-headquartered offshore anchor handling and ice-breaking services provider Viking Supply Ships entered into an agreement on March 11 with Kistefos AS to acquire the AHTS ice class 1A vessel Maersk …
Geneva-headquartered MSC Group has signed a 45-year concession agreement with Nigerdock to develop a container terminal within Snake Island Port in Lagos. It also finalized an engineering, procurement, and construction …
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 new loan facilities relating to six of its owned vessels. …
U.S. Customs and Border Protection officers seized approximately 214 pounds (97 kilograms) of cocaine concealed under a container ship arriving in San Juan, Puerto Rico on February 26. The estimated …
Nasdaq-listed maritime logistics solutions provider Pangaea Logistics Solutions Ltd. sealed a deal last month to sell the Bulk Xaymaca for $9.6m. The company described the move to sell the 2006-built …
The U.S. International Development Finance Corporation (DFC) announced yesterday that Chubb will serve as the lead partner for DFC’s $20bln Maritime Reinsurance plan designed to resume commercial shipping in the …
A Thai-flagged bulk carrier came under attack on Wednesday while sailing in the Strait of Hormuz, said the Royal Thai Navy. The Mayuree Naree was attacked while transiting the Strait …
Danish shipping giant Maersk has reported that ten container ships are trapped in the Upper Gulf, while there are numerous other ships that are on their way to the region. …
A naming ceremony was held on Thursday at Shitanoe Shipbuilding in Usuki-City, Oita Prefecture for the LNG bunkering vessel currently under construction by Osaka Bay LNG Shipping, in which Osaka …
Klaveness Combination Carriers ASA (KCC) has secured – through its subsidiary – a two-year time charter for the Bass, a CLEANBU vessel built in 2021. The main terms of the …
Japan’s shipping major Mitsui O.S.K. Lines (MOL) has announced to invest in and to jointly own two commissioning service operation vessels (CSOVs) together with the Cyprus-based Schoeller Holdings Ltd. with …
Thailand’s Precious Shipping Public Company Limited (PSL) reported that four of its wholly owned Singapore subsidiaries, namely Precious Glories, Precious Wisdom, Precious Sparks and Precious Bridges, have entered into Japanese …
Denmark’s tanker owner Rederiet M.H. Simonsen signed a deal with Ada Shipyard for the construction of two tankers. The vessels ordered are two diesel-electric polar classed 3500mt tankers. The company …
Container line Ocean Network Express Pte. Ltd. (ONE) said it had struck a deal to buy an additional stake in Poseidon Corp. (Poseidon) from certain existing shareholders. Poseidon is the …
Cypriot shipowner and shipping fund manager, Pelagic Partners, said its new investment platform, Pelagic Credit, headquartered in Limassol, has been listed and began trading on the Oslo Stock Exchange. The …
US president Donald Trump left on Tuesday open the possibility of an escalation in fighting if global oil supplies are disrupted by Iran. Trump threatened Iran against halting the flow …
Photo credit: IGGS Group The Hamburg Maritime Forum 2026 will take place on April 21 – 22, 2026, bringing together the global maritime community in one of Europe’s most important …
Hong Kong’s CK Hutchison Holdings Limited (CKHH) said on Friday it has intensified its legal response to the takeover by the Panama State of the port operations of the company’s …
Thousands of seafarers are trapped on tankers in the Gulf after recent attacks on merchant vessels in the Strait of Hormuz. The secretary-general of the International Maritime Organization (IMO), Arsenio …
Greek tanker owner Performance Shipping, led-by chairperson of its board Aliki Paliou, reported net income of $7.6m for the fourth quarter of 2025, compared to a net income of $9.7m …
Belgium-based Exmar has reached an agreement to buy back the very large gas carrier (VLGC) Flanders Innovation from its lessor. The shipowner said the vessel is currently financed under a …
Greek minister of maritime affairs and insular policy Vasilis Kikilias was asked about the possibility of ferry ticket increases this summer, as oil prices climb because of the war in …
A general cargo ship seized by Sweden in the Baltic Sea in Swedish sea territory sailed under a false flag and was suspected to lack seaworthiness due to the fact …
With the effective halt in maritime cargo movement through the Strait of Hormuz hitting crude oil flows, the US has issued a temporary 30-day “waiver” to allow Indian refiners to …
European ferry operator Brittany Ferries has chartered the RoRo (roll on/roll off) vessel Norbay, which will serve the Rosslare to Cherbourg route for Brittany Ferries from late-March 2026. Brittany Ferries …
The New York-listed SFL Corporation Ltd. (SFL) has signed a drilling contract in Canada with a large investment grade multinational oil and gas company for the harsh environment semi-submersible rig …
Ports occupy a central position in the European economy. Ports facilitate around 74% of external trade, handling more than 3.4 billion tonnes of goods and nearly 395 million passengers each …
Jinhui Shipping & Transportation (Jinhui) through its wholly-owned subsidiary Jinping Marine sealed a contract on March 6 for the disposal of a bulk carrier at a consideration of $23.455m. The …
Marseille-based container shipping line CMA CGM expects container shipping to record moderate growth worldwide in 2026, following a dynamic year in 2025. However, developments in the Middle East, particularly in …
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