Shipping Telegraph

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’s Bower Offshore (Bower) has announced the purchase and renaming of the vessel Songa Commander to Bower Commander. Since 2023 Bower has managed the vessel commercially and technically on behalf …

Japan’s shipping major Mitsui O.S.K. Lines (MOL) through its subsidiary, SeaLoading, has secured a long-term contract with Petrobras to continue providing offshore crude oil transfer services in Brazil using the …

The Greek energy specialist Metlen and Malaysian headquartered Petronas, through its subsidiary PETCO Trading (UK) Limited (PTUK), announce that it have entered into a Sale and Purchase Agreement (SPA) for …

Japan’s IINO Kaiun Kaisha, Ltd. (IINO Lines) has announced that a signing ceremony was held for the time charter contract on a 90,000 m³ LPG Dual-Fuel Very Large Gas Carrier …

The Milan-based offshore services and drilling company Saipem has announced that it has been awarded a new offshore contract in Angola worth approximately USD 350m. The contract has been assigned …

Photo credit: CMA CGM French shipping company CMA CGM and GEPB have launched a $100m expansion of the container terminal at Beirut Port. The project will primarily expand the terminal’s …

New York-listed crude oil tanker company DHT Holdings has placed a VLCC on a long-term charter this month. It said the 299,629-dwt DHT Panther (built 2016) has been fixed for …

Sweden’s green steel producer Stegra has selected sea transport companies for the management of its shipping operations. Sea transport is an important part of the full supply chain and logistics …

The Great Eastern Shipping Company Limited (GE Shipping) has contracted to buy a secondhand kamsarmax dry bulk carrier on September 8. The 2029-built vessel of about 81,609-dwt is expected to …

Green Ports Hamburg, a subsidiary of the internationally active Greek group Hellenic Environmental Center (HEC), and ZIMMERMANN Sonderabfallentsorgung Nord GmbH & Co. KG, a company of the German group ZIMMERMANN, …

The New-York listed shipowner SFL Corporation has agreed a charter extension for six 15,400 TEU container vessels with Hapag-Lloyd AG for additional seven years. The vessels will then have charter …

China CSSC Holdings, the listed arm of the country’s largest shipbuilder, has won a second major order in less than a week, a contract worth more than $1bn to build …

Greek owner Aegean Shipping Management has agreed to offload an LR2 tanker and exercised an option for the construction of a second very large crude carrier (VLCC). The company, controlled …

Indonesian authorities intensified on Monday a search and rescue operation for dozens of people missing in response to the loss of contact and sinking of a passenger/ro-ro ship in the …

Iran said an agreement reached with Oman on a new maritime route in the Strait of Hormuz does not amount to reopening the strategic waterway. Iranian foreign minister Abbas Araghchi …

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 …

Update: Omani foreign ministry has announced that a regional meeting on the Strait of Hormuz, which had been scheduled for Monday in Salalah, has been postponed. In an official statement …

Cascadia Maritime Logistics (CML), a ro-ro specialist, has placed Yong Xin 128 on period employment for the Hambantota – Khor Fakkan Ro-Ro feeder. Khor Fakkan lies on the east coast …

The Oman-based Asyad Shipping Company S.A.O.G has signed shipbuilding contracts with South Korean shipbuilder Hyundai Heavy Industries for the construction of two additional medium range product tankers. Announcing the deal, …

The Japanese shipping group Mitsui O.S.K. Lines (MOL) is set to delivery to Chevron its LNG carrier equipped with Wind Challenger under a long-term charter. MOL has named the LNG …

A cargo ship was boarded by suspected pirates off Yemen on Thursday in the latest sign of renewed piracy activity across the wider region. Initial reports from the EU Maritime …

Iran and other Persian Gulf littoral states are set to meet in Oman to discuss regional issues, including a Tehran-Muscat deal to manage shipping through the Strait of Hormuz. In …

Iranian state media has claimed an Iranian container ship was struck by an unidentified projectile in the Strait of Hormuz early Sunday, killing one crew member and injuring four others, …

The World Shipping Council (WSC) is urging governments to close a gap in international dangerous goods regulations that allows containers carrying thousands of lithium batteries to be transported without carriers …

Discoveries across Romanian, Bulgarian and Turkish waters have risen 208% in six months, and in nearly six out of ten cases the payload status of the object was never publicly …

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 were this week for the second week in a row with unchanged tendency. As it is mentioned, …

Nasdaq-listed Toro Corp. has proposed a spin-off of its LPG carrier business. The subsidiary of Toro, AI OKTO, would become an independent publicly-traded company listed on the Nasdaq capital market …

Korea Line Corporation, the shipping arm of SM Group, has signed a 73 billion-won long-term time charter contract for a pure car and truck carrier (PCTC) with Hyundai Glovis. SM …

Hamburg-based shipowner Ernst Russ AG is expanding its tanker fleet to six vessels with two additional newbuildings. Beyond the four IMO type II chemical/product tankers of the intermediate class (18,500 …

The US military on Wednesday said it had “destroyed” 10 Iranian tankers in just the last week. “These vessels were part of a multibillion-dollar shadow network that funds the IRGC, …

Five people died and 43 rescued after a passenger ferry burst into flames in Philippines on Wednesday, the coast guard said. The ferry caught fire on its journey to Coron, …

Photo credit: Cyprus shipping deputy ministry Cyprus, Greece, Malta and Italy signed a joint declaration in Limassol on September 9 to coordinate positions on shipping competitiveness and decarbonisation in Brussels …

Two citizens of Azerbaijan died and two others were injured in a drone attack on a Turkish offshore tug/supply ship in the Black Sea. The Azerbaijani foreign ministry said in …

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 …

Blue Water Shipping Suriname, part of Danish headquartered Blue Water Shipping, has announced the award of a new three-year logistics contract with Noble Corporation, further strengthening its role as a …

The Seattle (WA) based ship design company Glosten announce that it has been contracted by American Marine Corporation (AMC) to deliver the complete vessel design and engineering package for two …

Photo credit: Yara. Yara announce that Europe’s largest industrial carbon capture facility was officially inaugurated on Monday at Yara’s plant in Sluiskil, the Netherlands. The project establishes the first complete …

The global LNG bunker vessel fleet may need to more than double by 2030 as demand from LNG-fuelled ships grows faster than the infrastructure required to supply them, according to …

The Houston headquartered energy industry engineering and construction solutions company McDermott, has been awarded a subsea contract by Eni Cyprus Limited (Eni) for the Cronos gas field development offshore Cyprus, …

French based shipowner Compagnie Maritime Nantaise, has announced their order for construction of a new hybrid-powered RoRo vessel combining conventional mechanical propulsion and wind-assisted propulsion, dedicated to the maritime transportation …

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 Polish energy company ORLEN and the Port of Gdynia Authority have signed an agreement to explore the use of LNG and bioLNG as marine vessel fuels. ORLEN’s cooperation with …

Indian based Chowgule and Company (Shipbuilding Division), has announced in their social media announced the signing of a contract with Norwegian based Green Maritime Infrastructure (GMI) for the construction of …

The Norway-headquartered marine geoscience and technology firm Shearwater Geoservices AS (Shearwater) has been awarded a seven-weeks North Sea ocean bottom node (OBN) survey, representing the first commercial deployment of the …

Norwegian ferry company Rødne Trafikk took delivery of the new fully electric M/S Rygerlys from Oma Baatbyggeri AS on last Friday. The new fully electric combi-catamaran vessel will operate the …

Thailand’s Precious Shipping Public Company Limited (PSL) reported that the Ultramax vessel Mv Ratima Naree has been fixed on a long-term charter of 12 to 14 months with Trafigura Maritime …

South Korean based shipping conglomerate HMM has announced that it has signed a long-term shipping contract valued at approximately KRW 4.7 trillion (About USD 3.49b) with Brazilian mining company Vale. …

Wuhu Shipyard announced in its social media that during the SMM 2026 exhibition in Hamburg has signed an MOU with German shipowner SAL Heavy Lift for 5 × 14,600 DWT …