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Shipping Telegraph

The daily shipping news website. Shipping Telegraph

07/02/2025

Panama Canal denies State Department claim U.S. gov’t vessels can now transit for free

# USgovernmentships

The Panama Canal denied a claim made by the US Department of State on Thursday that the nation had agreed to no longer charge fees

07/02/2025

Emergency plans bolstered on Santorini by Greek maritime ministry after quake swarm

A state of emergency has been declared on the Greek volcanic island of Santorini (Thira) after days of consecutive earthquakes. Thousands

07/02/2025

Maersk sees profit boost in 2024, eyes 4% market growth in 2025

Higher container demand and elevated freight rates drove Maersk’s profitability boost in 2024, with a volume growth in terminals

07/02/2025

Surging Water Leads to Barge Striking Algiers Lock Gate in New Orleans

Surging water from the Mississippi River led to a 2023 barge strike on a gate at Algiers Lock in New Orleans, the National Transportation

07/02/2025

EU leaders meeting warns of major global threat

The EU wants to better equip itself for the defense of the future due to the current threat. At an informal EU leaders’ meeting in Brussels

07/02/2025

DryDel (Delaportas) Namura delivered newbuild on long-term charter

DryDel Shipping, led by Costas Delaportas, shared a photo in the social media of its newly delivered Namura ship M/V Capri Island.

07/02/2025

Fincantieri finalizes order over €2bn from Norwegian Cruise Line Holdings

The Italian shipbuilder Fincantieri has secured a firm order from Norwegian Cruise Line Holdings for four new cruise ships. This order follows

07/02/2025

Olympic inks order for construction vessel pair at CMHI in Shenzhen

Norway’s Olympic Subsea has signed an agreement to build a pair of construction vessels at the CMHI shipyard in Shenzhen.

07/02/2025

Drewry: The World Container Index Decreased 3% this week 06-2025

In accordance with the assessment of Drewry Supply Chain Advisors, the container rates continue with decreasing levels once again this week.

07/02/2025

CMA CGM and AD Ports form Congo multipurpose terminal JV

Abu Dhabi’s AD Ports Group signed yesterday a shareholders’ agreement with the French liner giant CMA CGM Group, through its subsidiary CMA Terminals, to

06/02/2025

Navig8 adds tanker duo to MR pool after $1.04bn takeover by ADNOC L&S

Shipping pool operator Navig8 has revealed yesterday that two tankers are joining its MR Pool. In accordance with the announcement, the

06/02/2025

Trump hits Iran with renewed ‘maximum pressure’ to drive oil exports to zero

US President Donald Trump on Tuesday restored his “maximum pressure” campaign on Iran that includes efforts to drive its oil exports

06/02/2025

Baltic Exchange moves into chemical tanker market to cover the sector’s needs

London’s Baltic Exchange enters the chemical tanker market with new chemical and agricultural oil freight assessments. The idea is to

06/02/2025

Trump’s China tariffs amid Red Sea rate hikes create perfect storm for US shippers: Xeneta

A delay in tariffs on Mexico imports does little to ease the pain for US shippers still facing a 10% hike on tariffs from China in addition to

06/02/2025

Costamare reveals busy S&P as focuses on fleet renewal

Costamare, a New York-listed owner of boxships and bulkers, has moved on strategic vessel acquisitions and sales. The shipowner reported

06/02/2025

Coastal Sustainability Alliance launches Singapore’s large electric supply boat

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Wednesday launched

06/02/2025

Dark fleet anchoring in Danish waters to face more inspections

Denmark in an attempt to crackdown the “dark fleet” is set to begin increasing scrutiny of older tankers anchoring in its waters.

06/02/2025

EuroDry (Pittas) offloads eldest panamax-size bulker for $5m demolition

Greek drybulk owner and operator EuroDry has sealed an agreement to sell its 75,100-dwt drybulk vessel 2000-built Tasos for demolition

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