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 this week again continued the increasing tendency. As it is mentioned, their composite World Container Index increased …
The Singapore stock exchange listed shipyard, offshore energy & marine transportation services company Marco Polo Marine Ltd. (Marco Polo Marine) has announced that its indirect subsidiary, Taipei based PKR Offshore …
The Shipping Corporation of India (SCI) on Wednesday said it has signed a contract with Mazagon Dock Shipbuilders Limited (MDL) to build and deliver a 3,000-dwt methanol dual fuel diesel …
Marseille-based container shipping line CMA CGM is deploying emergency multimodal solutions for its customers to support supply chains in the United Arab Emirates and the northern Gulf (Iraq, Bahrain, Qatar, …
Harry N. Vafias, managing director of Vafias Group, won the EY “Entrepreneur of the Year” Greece 2025 award, in a ceremony organized by EY Greece on Tuesday, March 17, 2026, …
Deregulation and competition in maritime pilotage are increasing costs, reduce safety and efficiency, and expose the public and the shipping industry to unnecessary and avoidable risk, according to the International …
The Japanese shipping group Mitsui O.S.K. Lines, Ltd. (MOL) confirmed it has been contacted by a specific investor, following media reports suggesting that Elliott Investment Management had acquired a stake …
The U.S. may soon remove sanctions from Iranian oil that is stranded on tankers to help lift global supplies and reduce prices. US Treasury Secretary Scott Bessent said the US …
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 …
Norway-headquartered and Oslo listed Fred. Olsen Windcarrier AS (FOWIC), a subsidiary of Bonheur ASA, has entered into a long term agreement with Spanish headquartered wind turbine producer Siemens Gamesa Renewable …
Greek tanker owner Performance Shipping, led-by chairperson of its board Aliki Paliou, has secured a sale and leaseback agreement for its newbuild LR1 tanker. The company entered into an agreement, …
Erik Hånell has decided to step down from Stena Bulk after 14 years as president and chief executive officer of the tanker owner. He will be succeeded in the role …
Bermuda-based Flex LNG Ltd has announced the exercise of contract extensions for two of its ships and reported the commencement of a 15-year time charter contract with a large Asian …
Greece’s Euroseas boxship owner, led by Aristides Pittas, has inked a deal for the construction of two specialized 2,800 teu, high-reefer containerships to be built at Huanghai Shipbuilding in China. …
QatarEnegy reported a missile attack on Wednesday evening on the Ras Laffan Industrial City as the war in the Middle East escalated with attacks on energy facilities. “Emergency response teams …
US President Donald Trump’s administration on Wednesday announced a 60-day waiver of the Jones Act shipping law, temporarily allowing vital resources like oil, natural gas, fertilizer, and coal to flow …
Norway does not intend to participate in military operations related to the ongoing conflict in the Middle East. Making a visit to the Norwegian Shipowners’ Association in Oslo on Tuesday, …
Salam’s International has become the first ship recycling facility in Pakistan to be certified by ClassNK for compliance with the Hong Kong International Convention for ship recycling, according to ClassNK. …
The New York-listed Bermuda based offshore drilling contractor Seadrill Limited (Seadrill) has announced that Sonadrill Holding Ltd (Sonadrill), its 50:50 joint venture with an affiliate of Angolan oil company Sonangol …
A three-party partnership is looking to study and explore the ownership of a newbuild ammonia bunkering vessel for application in Singapore. Sumitomo Corporation, Kawasaki Kisen Kaisha (“K” Line), and NYK …
Suezmax tanker specialist Nordic American Tankers has sold one of its oldest vessels. New York-listed NAT said on Tuesday that it had sealed a deal to sell a 2005 built …
UN Trade and Development (UNCTAD) has released a rapid analysis – Strait of Hormuz disruptions: Implications for global trade and development – examining the implications of recent disruptions to maritime …
Attica Group, a long-standing Greek shipping company operating across domestic and international routes, has signed agreements to acquire two Aero Highspeed Catamarans, for approximately €15m, including upgrade and commissioning costs. …
Greek prime minister Kyriakos Mitsotakis said Greece will not participate in any operation, after US president Donald Trump asked allies to send war ships to help restart shipping through the …
A Russian LNG tanker is currently adrift in the Mediterranean Sea after suffering a damage earlier this month. Maritime authorities have warned mariners to steer clear of a crewless Russian …
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 …
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. …
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