Shipping Telegraph

In its ambition to protect Ukraine and itself from Russia, the EU has one toolbox at its disposal: economic warfare. A transport ban on Russian oil implemented by the EU …

The Norwegian headquartered ocean services provider DeepOcean has been awarded an extension to its existing frame agreement with oil major Equinor for the provision of subsea inspection, maintenance, and repair …

The global trade union, the International Transport Workers’ Federation (ITF), has condemned the wave of attacks on commercial vessels operating in the Black Sea, warning that seafarers must never be …

Brazil’s minister of ports and airports, Silvio Costa Filho, has announced a R$948m (around $175m) private investment to expand and modernize the operations of the International Container Terminal Services, Inc. …

UK’s shipbroking company SSY has sealed a deal to buy a Scandinavian brokerage, Grieg Shipbrokers, which will become part of SSY, effective January 2026. SSY said in a statement on …

Geneva-headquartered cruise line MSC Cruises has disclosed a major new order for four next-generation cruise vessels and two additional options from shipbuilder Meyer Werft in Papenburg, Germany, marking the launch …

Thomas Haber Borch is stepping down from his position as chief executive officer with immediate effect, in accordance with a press release issued by Aarhus Havn. The decision follows a …

Greek shipowner Navios Maritime Partners led-by Angeliki Frangou has revealed senior leadership changes to the company. The company is restructuring its team with a series of senior role changes marking …

Ukraine’s Security Service (SBU) reported that it damaged a Russian submarine in Novorossiysk causing critical damage to the vessel. In a statement, the SBU said the operation used “Sub Sea …

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 …

Photo credit: Preben Olsen Germany’s container shipping firm Hapag-Lloyd has inked a $500m order with Chinese shipyard CIMC Raffles. The Hamburg-based carrier has ordered eight 4,500-TEU container vessels, with deliveries …

The New York-listed offshore drilling company Valaris Limited (Valaris) won a multi-year contract with Shell offshore Brazil for the drillship VALARIS DS-8. Valaris reports that the new contract is expected …

The latest dual-fuel market penetration data from VesselsValue reveals a stark divergence between bulker and tanker segments. Both sectors’ embrace of alternative fuel technologies signals significant implications for the future …

Suezmax tanker specialist Nordic American Tankers reported recent spot fixtures for its vessels at rates ranging from $37,000 to $95,000 per day, according to a company’s statement. The shipping company …

South Korean Hanwha has secured approval to increase its direct equity shareholding in the Australia’s ASX-listed shipbuilder and defence prime contractor Austal from 9.9% to 19.9%. The Australia’s federal treasurer …

Danish container line AP Moller-Maersk has announced changes to its executive and regional leadership structure, including the appointment of a new chief financial officer and a reconfiguration of regional management …

Heidelberg Materials Norge, in partnership with the Hartmann Group and the Norwegian NOx Fund on Thursday, December 11, announced the development of a new methanol-powered pneumatic cement carrier. United Bulk …

Ukraine’s navy accused Russia of attacking a Turkish civilian ship on Saturday that was travelling to Egypt carrying sunflower oil. In a statement on Facebook, the navy said the vessel …

A massive fire broke out aboard a Turkish-owned Panama-flagged passenger/ro-ro ship on Friday, following an attack on Ukraine’s Chornomorsk port. Türkiye’s foreign ministry warned Friday that the damage to a …

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 …

Liner shipping nearly doubled the number of dual-fuel ships on the water in the year to September. The number of dual-fuel container ships and vehicle carriers in service has grown …

The Spanish based shipbuilder Astilleros Gondan has – after an international tender process lasting approximately three years – been awarded the contract to build two new research vessels commissioned by …

Italy-headquartered Snam agreed to buy Igneo Infrastructure Partners’ 48.2% interest in OLT – Offshore LNG Toscana S.p.A., operating the FSRU Toscana offshore Livorno. According to Snam, the total consideration of …

Tallink Grupp has extended the charter deal for the company’s cruise ferry Silja Europa to Holland. The company’s subsidiary Tallink Silja OY extended the charter agreement for the cruise ferry …

Japanese shipping giant Mitsui O.S.K. Lines (MOL) wants to promote the use of marine biodiesel fuel in China. To accomplish that, MOL will work together with China’s fuel supplier SINOPEC …

A tanker struck by an “external impact” causing a fire approximately 28 nautical miles off the Turkish coast last month will be towed to a safe place, officials in Sofia …

Venezuela has accused the U.S. of engaging in an “act of piracy” after a crude oil tanker off the coast of Venezuela was seized by the U.S. military. During the …

The United States has seized a crude oil tanker off the coast of Venezuela as tensions mount with the government being run by President Nicolas Maduro. The administration also released …

Marseille-based container shipping line CMA CGM has raised its ambitions and now aims to have 1,000 women at sea by the end of 2030. This development comes as the company’s …

The Greek headquartered tanker pooling company Signal Maritime Services (Signal) has announced its entry into the dry bulk segment by investing in dry bulk pool operator Bluepool. Signal mentions that …

Japanese shipping company Nippon Yusen Kaisha (NYK Line) has ordered a new car carrier outfitted with digital marine DX technology from Shinkai Toyohashi Shipbuilding. The vessel will feature an advanced …

Greece’s Euroseas boxship owner, led by Aristides Pittas, has agreed to employ three of its feeder boxships to a “top-tier charterer” for a three-year period. The new forward fixtures will …

Global trade is on course to exceed $35 trillion in 2025 for the first time, according to UNCTAD’s final global trade update of the year. If projections hold, global trade …

Limassol-based ship-owning company Robin Energy has reported rising earnings for its two LPG carriers and single handysize tanker. In a commercial update on December 4, the Nasdaq-listed owner said both …

Five Russian vessels caught the attention of the Icelandic Coast Guard on December 8 as they were fishing just outside Iceland’s jurisdiction during routine monitoring of maritime activity around the …

In the Odesa port, law enforcement officers detained and arrested a Russian dry cargo ship that was accused of transporting Ukrainian agricultural products through the occupied Crimea, Ukraine’s Security Service …

Wind propulsion systems specialist bound4blue has closed a $44m funding round backed by maritime corporates, ship owning families, climate-focused investors, and government capital. The round was led by OCTAVE Capital, …

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 …

Amid the impact from tariffs and ongoing trade policy uncertainty, year-over-year declines in import cargo volume seen at the US major container ports in recent months are expected to continue …

Malaysia-based MISC Berhad (MISC) enters into Brunei’s offshore oil and gas market with a 12-year charter contract for its floating production unit (FPU). MISC has secured a contract, through an …

United Arab Emirates-headquartered port and logistic operator DP World has announced the unification of its marine services brands, Unifeeder, P&O Ferrymasters and P&O Maritime Logistics, under a single DP World …

Jinhui Shipping & Transportation (Jinhui) through its wholly-owned subsidiary Jinfeng Marine Inc. has placed an order in China for a 64,500-dwt bulk carrier priced at $33.45m. The Hong Kong-based bulker …

John Fredriksen has been re-elected as the director of the Frontline plc tanker company after an annual general meeting of the company’s shareholders which took place in Limassol, Cyprus on …

Haugesund-headquartered shuttle tanker and LNG carrier operator Knutsen OAS Shipping has won a long-term charter contract from Italian energy company Edison for a new LNG carrier. Edison signed the deal …

Two financial partners are joining forces to enable Korean maritime companies to tap into Singapore’s regional network and suite of financing solutions. Singapore-headquartered financial services group DBS and the Korea …

China has stepped up efforts to diversify its export markets since Trump won the U.S. election, pursuing closer trade ties with the rest of Asia and the European Union. Chinese …

We bring the latest news about the shipping industry

Oslo Børs-listed Seaway7, part of the Subsea7 Group, has been awarded a sizeable contract by Ocean Winds for the BC-Wind project. Located in the Baltic Sea, approximately 23 kilometres off …

Norway’s car carrier operator Wallenius Wilhelmsen has extended two key strategic contracts for shipping services with an estimated additional value of close to $500m. Pia Synnerman, chief customer officer at …