The Frankfurt Stock Exchange-listed and German based naval shipbuilder TKMS has announced that the Norwegian government has approved the procurement of two additional Class 212CD submarines. TKMS has received a …
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Following its announcement in September last year, Marseille-based container shipping line CMA CGM Group has completed its acquisition of UK’s maritime intermodal logistics operator Freightliner. Freightliner consists of 10 terminals, …
QatarEnergy signed a 27-year deal with energy player and Japan’s power generation firm JERA Co. for the supply of up to 3 million tons per annum of LNG from Qatar …
The Hamburg-based investment and infrastructure asset manager MPC Capital and the Norwegian asset management firm Storm Capital Management are launching a new investment platform, named MPC Storm Maritime Opportunities (MSO). …
Stena Line has announced its decision to close the ferry route between Halmstad in Sweden and Grenaa in Denmark. The company stated that the vessel Stena Nautica will continue to …
Ocean Network Express (ONE) posted revenue of $4,074m and a net loss of $88m for the third quarter of FY2025 (October to December 2025). Persistent increase in supply and slow …
Criminal networks make use of different maritime cocaine trafficking methods, using smaller, and often non-commercial, vessels. In this way, they avoid commercial ports and the risks associated with law enforcement …
The two liner giants Maersk and Hapag-Lloyd will change the routing of one of their shared services under the Gemini Cooperation to transit through the Red Sea and the Suez …
Cargo theft and freight fraud across global supply chains has surged dramatically with incidents escalating across Europe, the Americas and Africa. Latin America and several African nations are experiencing particularly …
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 New York-listed Bermuda based offshore drilling contractor Seadrill Limited (Seadrill) has announced that Equinor Brasil Energia Ltda has exercised a one-year priced option for the ultra-deepwater drillship West Saturn. …
Hong Kong-headquartered SITC International Holdings Company Limited, an Asian shipping logistics company, said SITC Shipowning exercised on January 30 the options for the construction of two 2,700 teu container vessels …
Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has extended the time charter contract with Cobelfret S.A., Luxembourg, for one of its post-panamax dry bulk vessels, the …
Latest figures from classification society DNV’s Alternative Fuels Insights (AFI) platform reveal that the trend towards LNG remains strong. DNV, has shared the latest data from the January AFI platform, …
Atlantic-See LNG Trade S.A., a joint venture between Greek companies AKTOR Group (60%) and DEPA Commercial (40%), signed the first agreement for the sale of US liquefied natural gas (LNG) …
Two oil tankers have been detained on suspicion of carrying out ship-to-ship transfer of crude oil worth more than RM512 million about 24 nautical miles west of Muka Head, Penang …
The tanker Seaways Kenosha responded over the weekend to an SOS alert from the crew of a distressed fishing vessel. The crew of the tanker successfully rescued all 27 shipwrecked …
Maersk’s APM Terminals has signalled its willingness to temporarily take over the operation of Balboa and Cristobal ports in Panama after a court ruled against Panama Ports Company S.A. (PPC), …
Saad Sherida Al-Kaabi, the minister of state for energy affairs, the president and CEO of QatarEnergy, detailed Monday the company’s shipbuilding programme, the largest in the industry’s history. The company …
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 …
Stena RoRo, part of Swedish based conglomerate Stena, has placed a shipbuilding order for a new generation of RoRo vessels comprising two firm vessels of the C-Flexer type with options …
Sarawak, Malaysia-based offshore support vessel builder Nam Cheong Limited has sealed a sales deal with an Indonesian customer to divest an 11-year-old 3,000-dwt platform support vessel (PSV) for US$19.8m, with …
South Korea’s DH Shipbuilding won six suezmax orders in January, taking a 55% dominant share of the global market. The shipbuilder secured six of eleven suezmax orders placed worldwide during …
New York-listed crude oil tanker company DHT Holdings Inc. has inked an agreement to sell a tanker built in 2007 at Daewoo. The tanker owner said on Friday that it …
HD Hyundai’s chief attended high-level roundtable at India’s prime minister Narendra Modi’s invitation last week. The chairman of one of the largest shipbuilders in South Korea Chung Kisun and HD …
A major new report by the World Maritime University (WMU) has painted a warrying picture of life at sea, as many seafarers express openness, or even concrete plans, to transition …
French President Emmanuel Macron reacted on X (formerly Twitter) to the announcement of firm orders placed by the Royal Caribbean Group for the construction of at least two new cruise …
Norwegian shipping and insurance executives were granted a rare meeting with Britain’s King Charles III. Last week, the Sustainable Markets Initiative (SMI), launched in 2020 by King Charles III, then …
Panama’s supreme court of justice has ruled against Panama Ports Company S.A. (PPC), a member of Hong Kong’s Hutchison Ports and operator of the Balboa and Cristóbal port terminals, declaring …
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 New York -and- Oslo-listed drilling contractor Borr Drilling Limited has completed its earlier announced acquisition of five premium jack-up rigs from Noble Corporation for a total purchase price of …
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In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week again continued the decreasing tendency. As it is mentioned, their composite World Container Index decreased …
The Japanese shipping group Mitsui O.S.K. Lines (MOL) and PSA Singapore, a large container transhipment hub in Singapore, will form a joint venture ro-ro (roll-on/roll-off) terminal in Singapore. The joint …
New York-listed tanker company International Seaways announced the sale or sale agreements of five vessels for aggregate proceeds of around $185m, net of commissions and fees. The shipowner has sold …
Marseille-based container shipping line CMA CGM and infrastructure investment firm Stonepeak have launched the U.S. joint venture United Ports LLC to acquire ten major CMA CGM-operated port terminals worldwide, including …
Greek shipowner Samios Shipping Company SA announced the acquisition of a handysize bulk carrier Agia Pisti, which in Greek it means “Holy Faith.” The 35,300-dwt vessel will be delivered to …
Japanese shipping group Mitsui O.S.K. Lines (MOL) has struck a charter deal with India’s state-owned Oil and Natural Gas Corporation Limited (ONGC), which enables South Korea’s Samsung Heavy Industries Co., …
Norway’s Northern Lights has unveiled the shipowners that will be providing its next generation of four CO₂ ships. Northern Lights, a joint venture (JV) encompassing three oil majors Equinor, TotalEnergies …
Danish authorities have chartered an expedition vessel to accommodate Danish and international soldiers participating in exercise Arctic Endurance in Greenland. The ship has been chartered by the Danish defence to …
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 …
We bring the latest news about the shipping industry
The UK headquartered and New York Stock-listed Noble Corporation plc (Noble) has announced new contract awards for 9 rigs comprising approximately $1.3bn of backlog, including a three-year contract for the …
Greece’s expanding Signal Group joins forces with software solutions provider in shipping industry AXSMarine. Ioannis Martinos-led Signal Group through its technology arm Signal Ocean is buying AXSMarine, a company which …
Hanwha signed multiple strategic memorandums of understanding with Canadian companies Algoma Steel, Telesat, MDA Space, Cohere, and PV Labs, announcing a series of strategic MOUs spanning steel, space, artificial intelligence, …
European Union on Monday gave its final approval to a stepwise ban of Russian gas imports. The 27 EU member states formally adopted the regulation on phasing out Russian imports …
India and the European Union on Tuesday announced the conclusion of negotiations for the free trade agreement, described as ‘mother of all deals’, under which EU exports to India are …
Japan’s Kawasaki Kisen Kaisha (K Line) has agreed in principle with India’s state-owned natural gas company GAIL (India) Limited (GAIL) and J M Baxi Group (J M Baxi) on the …
Evergreen Marine Corp. (Taiwan) Ltd through its subsidiary EMA is buying seven units of 5,900 teu class container vessels and 16 units of 3,100 teu class container vessels. The company …
Veson Nautical has published the latest top 10 shipowning nations rankings for 2026 revealing that China has retained the top spot both in terms of value and vessel numbers with …
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