Freight Market Report 02/03-2026 Presented By IC Shipbrokers

Born into Maritime: John McDonald, Chairman & CEO, ABS

Many claim to have ‘saltwater in their veins,’ but all you have to do is walk into the corner office of John McDonald, the new Chairman and CEO of the American Bureau

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‘World’s First’ Ammonia Dual-Fuel Ocean Carriers Named in South Korea

Belgian shipowner Exmar has named two ocean-going ammonia dual-fuel midsize gas carriers, said to be the world’s first, marking a milestone in the development of low-emission shipping.The two vessels, ANTWERPEN and ARLON,

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Shippers Cautious on Hormuz Passage, Seek Clarifications

Shippers on Wednesday said they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran said the waterway remained closed to vessels

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Tanker Vessel Futures Fly High on Demand

"By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global

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Ethical Farming Ireland Objects to Pregnant Heifer Shipping

Ethical Farming Ireland (EFI) has launched a new billboard campaign to raise awareness of pregnant dairy heifers being shipped to Algeria.The first shipment of pregnant dairy heifers left Waterford Port for Oran

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Energy Workforce & Technology Council March Report Shows Rebound in Energy Services Employment

The Energy Workforce & Technology Council released its March 2026 jobs report, showing a modest rebound in energy services employment following declines earlier in the year.Energy services employment totaled 627,018 jobs in

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Schneider Electric, Microsoft Collaborate on Autonomous Production

Schneider Electric, a global energy technology leader, is deepening its collaboration with Microsoft to help make it easier for industrial companies to modernize their operations, break free from proprietary legacy systems and

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Shippers Look For Clarity on Reopening Hormuz After US-Iran Ceasefire

Shippers said on Wednesday they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran issued fresh warnings about any vessels attempting

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Bangladesh Looks to Purchase Increased Fuel From India

Bangladesh on Wednesday sought to increase fuel purchases from India, as foreign minister Khalilur Rahman made the new government's first ministerial visit to New Delhi, a further sign that strained relations between