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In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued their further weekly decreasing tendency. As it is mentioned, their composite World Container Index …
The Norwegian floating offshore wind specialist Odfjell Oceanwind (OOW) has acquired Ørsted’s 80% share in the Salamander offshore wind farm. The 100 MW floating offshore wind project in Scotland, Salamander, …
Denmark-based research and analysis specialist Sea‑Intelligence reported that global schedule reliability saw the first drop in July since January 2025. Sea-Intelligence released its 168 issue of the Global Liner Performance …
Denmark’s IceChem Tankers reported that its partners TB Marine and Ektank have concluded newbuilding contracts for four chemical tankers of 22,000-dwt (marine line coated and 1A ice class) specifically designed …
Denmark’s Mibau Stema Group placed an order for two self-unloading vessels in the Chengxi Shipyard in China. The company, a European aggregates supplier to the construction industry, in partnership with …
The Belgium-based CMB.TECH NV has sealed a deal on August 25 to sell its 2010-built suezmax Sofia, 165,000-dwt, for a net sale price of $40.1m. The sale will generate a …
India has unveiled a $1 trillion maritime investment roadmap to transform the country’s ports, shipping and logistics ecosystem, union minister for ports, shipping and waterways Shri Sarbananda Sonowal said on …
Nearly three years since the blowing up of the Nord Stream gas pipelines, a senior United Nations official underscored that any intentional damage to critical civilian infrastructure should be condemned …
The Luxembourg-headquartered offshore energy player Subsea7 has announced the award of a contract by Turkish Petroleum Offshore Technology Center (TP-OTC). The project was awarded to Subsea 7 for the development …
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 …
New York-listed tanker company International Seaways has secured on August 20 financing for use in respect of partly financing of six LR1 tanker newbuildings currently under construction at K Shipbuilding …
The United Arab Emirates-based Drydocks World, a DP World company, has been awarded an engineering, procurement, and construction (EPC) contract by AMIGO LNG for a large floating liquefied natural gas …
Two passengers experiencing medical issues were evacuated from the cruise ship Ruby Princess on Sunday, August 24, approximately 145 nautical miles west of Cape Flattery, Washington, authorities said. The United …
Bermuda-based drybulk owner Himalaya Shipping has agreed to convert the index-linked time charters for two vessels to fixed rate time charters. The shipowner said the vessels will move onto fixed …
The scrapping activity, which remains persistently low, and the strong fleet growth will bring earnings under pressure from the fourth quarter of 2025, according to research and consultancy firm Maritime …
New York-listed tanker company International Seaways has secured on August 20 financing for use in respect of partly financing of six LR1 tanker newbuildings currently under construction at K Shipbuilding …
The Greek shipowner Vyron Vasileiadis-led Venergy Maritime expands its cutting-edge fleet of tankers portfolio by adding newbuilding orders at K Shipbuilding in South Korea. The Piraeus-based player has placed four …
Ukraine’s ministry of foreign affairs has strongly condemned and declared null and void an order by the Russian government dated August 22, which adds the seaports of Berdiansk and Mariupol …
Hanwha Group has unveiled a $5bn infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding industry through a $150bn investment …
Contract signing ceremony (TotalEnergies, Shell, OSM and SeaLoading), photo credit: Mitsui O.S.K. Japanese shipping conglomerate Mitsui O.S.K. Lines, Ltd. (MOL) has announced that a cargo transfer vessel (CTV) owned by …
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 ferry company Torghatten AB has signed a contract with Finnish shipbuilder Työvene Oy for the building of two fully electric passenger vessels that will operate on Sweden’s west coast …
Singapore-based commodity trading company Trafigura signed a long-term agreement to supply liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS) – the Republic of Korea’s national gas company and a …
Spanish ferry operator has reached an agreement with the owners of the shipping company Armas Trasmediterránea to acquire its business in the Canary Islands, the Alboran Sea, and part of …
Oslo-based MPC Container Ships (MPCC) had another quarter with solid operational and financial performance, supported by a strong contract backlog with 100% of open days covered in 2025 and 89% …
Nasdaq-listed Capital Clean Energy Carriers Corp. (CCEC) inked an agreement for the sale of a neo-panamax 13,312-teu container vessel and secured financing for four dual fuel 45,000 cbm and two …
South Korean President Lee Jae Myung has pledged to revitalize the U.S. shipbuilding industry during his official visit to the United States. President Lee’s visit to the U.S. has been …
HD Hyundai signed on Monday a memorandum of understanding (MOU) to establish a multi-billion-dollar investment program to revitalize the U.S. shipbuilding industry, marking the first milestone in the ‘Make American …
The Bermuda headquartered and New York-listed offshore drilling expert Seadrill Limited (Seadril) announced that Sonadrill Holding Ltd (Sonadrill), its 50:50 joint venture with an affiliate of Sonangol E.P. (Sonangol), has …
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 …
Ukraine’s Special Operations Forces and the Security Service struck an infrastructure facility at the Ust-Luga terminal in Russia’s Leningrad Oblast on the night of 24 August. “Successful strike on the …
A man in his 50s has been arrested following the discovery of €3m worth of herbal cannabis on August 23, the Irish tax and customs reported. Revenue officers seized approximately …
APM Terminals, part of the Danish shipping giant A.P. Moller-Maersk Group, has signed a memorandum of understanding with the government of Andhra Pradesh in India, through the Andhra Pradesh Maritime …
The US Coast Guard Investigative Service (CGIS) arrested the captain of a motor vessel for suspicion of operating the vessel while intoxicated following a boarding at terminal 5 in Seattle …
For the first time since Russia’s invasion of Ukraine, a peace deal is on the cards. The stakes for brokering an enduring peace in the Russia-Ukraine war are high. However, …
Greece’s Euroseas boxship owner, listed on Nasdaq stock market, led by Aristides Pittas has signed a contract for the construction of two additional modern fuel-efficient 4,300 teu container vessels to …
Ukraine’s Special Operations Forces and the Security Service struck an infrastructure facility at the Ust-Luga terminal in Russia’s Leningrad Oblast on the night of 24 August. “Successful strike on the …
Canada is dropping many of its retaliatory tariffs to match U.S. tariff exemptions for goods covered under the Canada-United States-Mexico Agreement (CUSMA), Canada’s prime minister Mark Carney announced Friday. The …
The Norway-based shipowner and offshore tonnage provider Solstad Offshore ASA (SOFF) has announced contract awards for its vessels Normand Turmalina and Normand Superior. SOFF states that the anchor handling tug …
The Dubai-headquartered and Oslo Stock Exchange-listed offshore drilling contractor Shelf Drilling, Ltd. (Shelf Drilling) has secured a one-year contract extension for the Shelf Drilling Tenacious jack-up rig for drilling operations …
Royal Navy warship HMS Trent and a Wildcat helicopter have shadowed a Russian destroyer through UK waters. During a five-day operation, the Portsmouth-based offshore patrol vessel tracked a Russian destroyer …
The Brazilian offshore services player OceanPact has signed four new contracts with Petrobras worth approximately BRL 3.2bn (around $590m) for the chartering of ROV support vessels (RSVs) over a four-year …
Swedish wind propulsion systems developer Oceanbird will have a new chief executive officer next year. Oceanbird, the 50/50 joint venture company owned by Alfa Laval and Wallenius, is to have …
The commodity trading house company Gunvor has sealed a definitive 20-year LNG sale and purchase agreement (SPA) with the Amigo LNG S.A. de C.V., the Mexican joint venture of Texas-based …
A senior executive of HD Hyundai, South Korea’s shipbuilding business, held talks in Seoul with Bill Gates on cooperation in small modular reactor (SMR) projects pursued by the U.S. billionaire’s …
Greece’s tanker shipowner Top Ships Inc. has entered into four sale and leaseback financing agreements for the refinancing of ships with a major Chinese financier. In a securities and exchange …
South Korea’s minister of trade, industry and energy Kim Jung-kwan met with U.S. senators in Seoul on August 19 to discuss ways to bolster bilateral cooperation and expand investment 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 …
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