Freight Market Report 19/01-2026 Presented By IC Shipbrokers

Ports of Indiana Handles First Aluminum Shipment

Ports of Indiana has opened a new federally approved bonded storage facility at its Mount Vernon port, marking a major expansion of capabilities and enabling the port to handle its first barge

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Christian Ortego, Christie Miller Named as Vice Presidents at HII’s Newport News Shipbuilding

HII announced the selection of two vice presidents at its Newport News Shipbuilding (NNS) division. Christie Miller has been promoted to the role of vice president of communications and Christian Ortego will

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IQUA Robotics Successful Proves Use of AUV for Autonomous Ship Hull Inspection

The ESCABVENTS project, developed by the company IQUA Robotics in collaboration with the Zamakona Yards shipyard, has successfully concluded its proof of concept tests, demonstrating the viability of using Autonomous Underwater Vehicles

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Saudi Aramco Increases Crude Oil Exports from Yanbu Sea to Compensate for Hormuz Closure

Crude oil exports from Saudi Arabia's Red Sea Yanbu port rose to nearly 4 million barrels per day last week, a sharp increase from export levels before the Iran war broke out, shipping data

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Kongsberg Maritime Selected to Provide Equipment Package for Luxury Polar Expedition Vessel

Kongsberg Maritime has won a contract from MKM Yachts to supply a package of equipment for the Scenic Ikon polar expedition vessel under construction for Scenic Cruise.The Scenic Ikon, the latest in a

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NOVACAVI Launches Tow Cable Identification Solution

NOVACAVI, Italian specialist in underwater cables, has developed a solution for the fast and reliable identification of steel wire armored cables during deck operations on research and defense vessels. A sample will

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By the Numbers: FY2025 Dredging Stats Released

The Dredging Contractors of America (DCA) is pleased to report another strong year for the U.S. dredging industry in Fiscal Year 2025, with $1.8 billion in federal dredging awards executed entirely by

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Bahrain Pushes UN Action on Hormuz Shipping, France Offers Alternative

Bahrain has put forward a draft U.N. Security Council resolution that would authorise countries to use "all necessary means" - diplomatic language for force - to protect commercial shipping in and around

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China Maps Ocean Floor as It Builds Submarine Warfare Capability

China is conducting a vast undersea mapping and monitoring operation across the Pacific, Indian and Arctic oceans, building detailed knowledge of marine conditions that naval experts say would be crucial for waging