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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The New York-listed offshore services company Hornbeck Offshore Services, Inc. (Hornbeck) has entered into multiple agreements with Shell Offshore Inc. (Shell) to provide services in the U.S. Gulf of America. …
Norway’s Fram Wind Solutions AS, a joint venture between BW Offshore (50%), Grieg Kapital (35%) and Fram Green Technology (15%), has received formal confirmation of a NOK 1.94bn (about US$209m) …
A broad coalition of maritime, agriculture, manufacturing, retail and logistics organisations sent to the U.S. Trade Representative a letter asking for permanent suspension of U.S. port fees. In an October …
A Marshall Islands-flagged bulk carrier was detained and banned from Australian ports for 90 days, after Australian Maritime Safety Authority (AMSA) inspectors found crew work and rest records had been …
US secretary of state Marco Rubio on Saturday stated India and Türkiye have proposed ideas to facilitate the movement of grain shipments through the Black Sea amid strikes in the …
The Greek government intends to introduce additional support measures to help Greece’s ferry companies cope with the higher fuel costs. Greek minister of maritime affairs and insular policy Vasilis Kikilias …
The governor of New Jersey Mikie Sherrill has told local port and terminal operators that importing Russian diesel would be a violation of federal law. In a letter dated November …
Ukraine has called the IMO member states to initiate the development of a legally binding international instrument, in cooperation with other international organizations, to ensure freedom of navigation and 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 …
We bring the latest news about the shipping industry
The Norwegian headquartered and Oslo-listed car carrier operator Wallenius Wilhelmsen has entered a three-year shipping contract with a ‘leading’ Asian auto manufacturer. The contract, as announced in a stock exchange …
Singapore-based Asia Break Bulk has signed long-term agreements with Schoeller Holdings for four 12,600-dwt multipurpose project cargo newbuilds. Asia Break Bulk, part of Hamburg-based COLI Group, said the four Octopus-type …
MSC was the most reliable carrier alliance with schedule reliability of 68.9%, followed by Gemini (Maersk-Hapag-Lloyd) alliance with 68.4% in August/September 2026, according to Denmark-based research and analysis specialist Sea‑Intelligence. …
Hamburg-based shipowner Ernst Russ AG has continued its fleet renewal and diversification strategy with the sale of its third container vessel this year. The 2007-built feeder vessel Mirror, with a …
Singapore-listed Yangzijiang Maritime Development has recently signed orders for an aggregate of 11 additional newbuild vessels to be constructed by various Chinese shipyards. The latest orders comprise four bulk carriers …
The Russian Ministry of Transport has submitted a draft federal law for public consultation that aims to limit the entry of older vessels into the country’s seaports. Under the proposal, …
Cypriot authorities launched a search and rescue operation after a general cargo ship had started to sink approximately 90 nautical miles west of Paphos. The Tanzanian-flagged general cargo ship has …
The European Commission has said that Russian gas supplies to EU markets will not resume after Russia’s war against Ukraine ends. Brussels reiterated that the ban on Russian gas imports …
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 Singapore-based commodity trading company Trafigura has entered into a $1.5bn five-year loan agreement, supporting a contract for Trafigura to supply more than 150TWh of natural gas to SEFE Securing …
Amsterdam-headquartered infrastructure equity fund manager CVC DIF has finalized the acquisition of a majority stake in Spanish shipyard Cernaval. The transaction amount has not been disclosed. Cernaval is a Spanish …
Jiangsu Rainbow Heavy Industries subsidiary Nantong Rainbow Offshore & Engineering Equipment Co., Ltd. (ROC) disclosed a newbuilding contract covering six 13,000-dwt stainless-steel chemical tankers, including optional vessel orders. The counterparty …
Two South Korea-based companies signed a memorandum of understanding to provide a joint maritime cyber insurance business that integrates vessel risk assessment, insurance, and incident investigation. Hanwha General Insurance teams …
Russian president Vladimir Putin signed an executive order approving the list of information with restricted access in the fuel and energy sector, as well as the procedures for its use. …
The Union Cabinet has approved the ₹10,000 crore (around $1.05bn) Container Manufacturing Promotion Scheme to expand domestic production and reduce dependence on imported shipping containers. The scheme comes as the …
Oman said on Friday it had rescued 25 crew members from a merchant ship that was targeted and set ablaze, as Iran reported four oil tankers were halted while crossing …
Photo credit: Philippine Coast Guard (PCG) All 58 passengers and crew were rescued from a Ro-Ro passenger ship that listed to its right side in Quezon early (local time) on …
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 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 …
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