Shipping Telegraph

Greece-based subsea and offshore service provider Asso Group has announced the signing of a memorandum of agreement (MOA) for the acquisition of the IMR vessel Viking Reach, following a purchase …

Finland’s provider of Arctic and icebreaking services Arctia has entered into a charter agreement for the operation of one multipurpose icebreaker in the Canadian Arctic in late 2026. The services …

A joint venture company in which the Japanese shipping giant NYK participates, Huajing LNG Transport (HLT), held a naming ceremony for a new LNG carrier for the CNOOC Group, a …

Los Angeles Port Police task force officers have played a key role in several major regional narcotics and theft investigations, including the seizure of 1,378 pounds of methamphetamine valued at …

Lars H. Barstad-led tanker giant Frontline has announced the sale of two VLCCs for an aggregate sale price of $270m. In a stock exchange filing, the company said it had …

Greek Nautilus Management has finalized an order for up to two MR1 product and chemical tankers with China’s Wuhu Shipyard. Shipping Telegraph understands the deal covers one firm vessel and …

Eight of the world’s largest maritime associations urged the United Nations and International Maritime Organization to oppose any compulsory tolls or service fees in the Strait of Hormuz, warning that …

Yemen’s Iran-aligned Houthis claimed Wednesday that it struck a Saudi chemical/oil products tanker with several ballistic missiles in the northern Red Sea off the coast of Yanbu. In a televised …

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 Eidesvik Reach AS, the joint venture owning the IMR vessel Viking Reach and in which Reach Subsea ASA holds a 49.9% ownership interest, has entered into a memorandum of …

Bermuda-based drybulk owner Himalaya Shipping has agreed to convert the index-linked time charters for two vessels to fixed rate time charters at an average rate of approximately $51,200 per day, …

Helsinki-based dry bulk shipping specialist ESL Shipping is planned to become an independent company and listed on Nasdaq Helsinki. ESL Shipping’s parent company Aspo announced on Monday that the board …

Greek DryDel Shipping has secured a five-year time charter employment with a Japanese owner for all four of its capesize newbuildings it has under construction in the Asian nation. Costas …

Major container feeder vessels firm Contships Logistics Corp., with a fleet portfolio of 27-owned vessels, has sealed time charter contracts with the Marseille-based container shipping line CMA CGM, with Israeli …

Washington and Tehran continue to deliver mixed messages on the nature of diplomatic efforts. US Treasury Secretary Scott Bessent has told CNBC a deal to reopen the Strait of Hormuz …

An Indian-flagged cargo vessel sank after being hit by a projectile in the Red Sea off the coast of Yemen on August 4, but all 13 Indian nationals were rescued. …

In a dramatic series of events on the Black Sea, two ships were attacked by unmanned aerial vehicles on Monday evening. A number of crew members, including Turkish citizens, were …

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 Estonia-headquartered AS Tallink Grupp (Tallink) and the Organizing Committee of the Mediterranean Games of Taranto 2026 reached a charter agreement for the cruise ferry Romantika. Tallink said the cruise …

The Belgium-based CMB.TECH NV has sold a secondhand VLCC, clinching a spectacular capital gain from the sale of the 10-year-old vessel. The company has sold the VLCC under its oil …

Greek shipowner Costamare Bulkers is moving ahead with its fleet renewal after confirming the sale of its oldest ship in its owned-fleet portfolio. The New York-listed Costamare Bulkers has agreed …

Malaysia-based MISC Berhad (MISC) received a letter of award from Malaysia LNG Sdn. Bhd. (MLNG) for a long-term time charter of a newbuild 18,700-cbm LNG carrier. In an announcement on …

New York-listed handysize liquefied gas carrier owner and operator Navigator Gas has announced the signing of $121.8m financing for two newbuild ammonia carriers in Navigator Amon Shipping, a joint venture …

Greek minister of maritime affairs and insular policy Vasilis Kikilias highlighted the government’s efforts to keep ferry fares stable for a second consecutive year, despite pressures stemming from the war …

An Italian-led EU naval mission boarded an oil tanker in the Mediterranean Sea linked to Russia’s so-called shadow fleet, Italy’s defense ministry announced. The oil tanker while sailing from Cotonou, …

An attack in the Strait of Hormuz targeted an LNG tanker managed by the Greek shipping company GasLog chaired by Peter G. Livanos. The ship manager of the LNG tanker …

Saudi Arabia and 13 other countries announced the creation on Thursday of a multinational maritime defense alliance aimed at safeguarding freedom of navigation, international trade and energy supply routes in …

The Sweden-based RoRo liner company WALLENIUS SOL has announced the acquisition of two RoRo vessels from The Netherlands-based Royal Wagenborg, Bothniaborg and Balticborg, together with a long-term Contract of Affreightment …

Singapore has issued eight new licences to supply liquefied natural gas (LNG) as a marine fuel in Singapore from 1 September 2026, according to Maritime and Port Authority of Singapore …

Photo credit: NewMed Energy Shell said on Friday it had agreed to sell its 100%-owned subsidiary BG Cyprus Ltd. to Hungary-based oil and gas corporation MOL Group for up to …

Britain cannot match China’s shipbuilding volume or Russia’s accumulated experience with nuclear-powered surface vessels. But it can draw on 70 years of naval nuclear experience, world-leading strengths in maritime law, …

Yemen’s HOCC, the Humanitarian Operations Coordination Center, has denied reports claiming that the Republic of Yemen intends to impose tolls for transiting the Bab al-Mandab Strait, affirming that passage is …

Geopolitical risk is the new driver of investment in shipping alongside decarbonization as maritime transport is no longer judged only by efficiency, cost and scale, but also by resilience, security, …

Ukraine hit a Russian-owned container ship in the Black Sea and the infrastructure of three Russian oil refineries in Bashkortostan. Ukrainian president Volodymyr Zelenskyy said on Saturday the Russian container …

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 …

Preliminary investigations found that a drone caused the fire involving two vessels at Damietta Port, the Egyptian Cabinet said on Thursday, confirming for the first time that the blaze which …

Japanese shipping company Nippon Yusen Kaisha (NYK) has decided to participate in an investment in MidOcean Energy, a United Kingdom-based liquefied natural gas (LNG) company established and managed by EIG, …

In accordance with the assessment of Drewry Supply Chain Advisors, the container rates continue this week the further decreasing tendency. As it is mentioned, their composite World Container Index decreased …

The New York-listed product tanker owner Scorpio Tankers signed this month a letter of intent to buy two scrubber-fitted LR2 newbuilding product tankers for $72.8m per vessel. The vessels are …

Saudi Arabia National Shipping Company (Bahri), the Kingdom’s shipping and logistics provider, announced through Bahri Line, its dedicated arm for scheduled shipping and cargo services, the launch of a newbuild …

Milan-listed d’Amico International Shipping S.A., through its fully-owned subsidiary d’Amico Tankers d.a.c., is continuing its remarkable buying spree by snapping up more MR2 newbuild vessels. The company, which embarked on …

Nasdaq-listed capesize and newcastlemax owner Seanergy Maritime Holdings has agreed to buy two Japanese-built capesize vessels, a newbuilding and a modern 2022-built vessel, for aggregate consideration of approximately $130m. The …

A tanker loading Kazakh origin crude at the Caspian Pipeline Consortium (CPC) terminal was hit by a drone on Thursday. The Greek Alafouzos family-led company Okeanis Eco Tankers Corp. confirmed …

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 shipowner and operator of offshore service vessels Golden Energy Offshore Services ASA (GEOS) has secured a new term contract for the PSV Energy Pace with a first-class international charterer, …

Image credit: Colombo Dockyard Colombo Dockyard PLC (CDPLC) has secured a major international shipbuilding contract to construct an ultra-modern cable laying and repair vessel for Global Marine Systems Limited of …

The European Commission has approved a €103m Dutch state aid scheme to support cleaner and zero-emission vessels using renewable methanol or renewable hydrogen. The scheme will support the purchase of …

Limassol-based Pelagic Credit has entered into definitive agreements for a sale-and-leaseback investment comprising three handysize bulk carriers, with an aggregate transaction value of $47.4m. The investment, which represents Pelagic Credit’s …

Leon Patitsas, the shipowner whose name is among the most powerful Greek shipowners, and European Maritime Finance (EMF) have secured what they describe as a record-high time charter rate for …

London has strengthened its position as the world’s leading centre for maritime dispute resolution, while Singapore and Hong Kong continue to reinforce their status as the leading Asian arbitration hubs, …