The owner of the container ship Ever Given, which blocked the Suez Canal for some time in March, has made a new offer of compensation to canal authority SCA. As a result, the parties have...Read more
PRESS RELEASE – The AAL Kembla recently set sail from Rotterdam to Shanghai loaded with 15,000 tonnes of breakbulk and steel commodity cargoes, including private yachts, a mobile harbour crane, 16 power transformers, a dredger...Read more
Drewry’s Multipurpose Time Charter Index increased to USD 8,339 per day in May, representing a rise of 4.3% compared to the 2.5% rise seen in the previous month. The index is up 28% since the...Read more
The charter rates continue their upward trend and have now broken through the 10,000 dollar barrier. While the rates are up 61% year-on-year, shipping broker Toepfer Transport says the current levels do not represent record...Read more
Diminishing attractiveness of a career at sea, coupled with rising man-berth ratios and continued fleet growth will lead to the highest shortfall of officers to crew the world’s merchant fleet in over a decade by...Read more
PRESS RELEASE – We4Sea and Inmarsat have secured the fleet-wide uptake of We4Sea’s web-based vessel performance monitoring service with the Roll Group. The heavy-lift shipowner placed the order after having trialled the cloud-based ship performance...Read more
Deugro successfully delivered 21 tonnes of petrochemical equipment by air freight charter from Shanghai, China to Singapore. The 225 cubic meters of extremely urgent and time-critical cargo contained equipment for an LPG Treatment Unit (LTU)...Read more
The captain’s orders were the main cause of the Ever Given grounding in the Suez Canal on 23 March. This is what the chief investigator of the Suez Canal Authority (SCA), Sajid Shaisha, has told...Read more
AAL Shipping (AAL) is improving its safety and operational standards to meet the latest 2020 IMO Intact Stability Code standards, which currently are only mandatory for new vessels. “Nevertheless, we decided to harmonize these new...Read more
KOTUG is establishing an inland shipping division to provide electric-powered pusher tugs and AI-driven dispatch and route planning applications for the inland water transportation industry.Read more
Following the success of its temporary supply chain critical services from Shanghai and Ningbo to Liverpool, DKT Allseas (part of Allseas Global Logistics) has announced it will create further Far East services.Read more
The demand for ever-larger wind turbines and, consequently, for sturdier foundations is a major headache for foundation specialist Sif. In its trading update for the first quarter, the company reported that it has started an...Read more
Shifting cargo in the Eemslift Hendrika’s hold has caused extensive internal damage, according to a report from the Norwegian Maritime Authority. The Authority has found an indentation of four metres long and several holes in...Read more
An arch bridge measuring two hundred metres long, twenty metres wide and forty metres high sailed through the centre of Rotterdam in the night from Sunday to Monday. The object is on its way to...Read more
The charter rates for shortsea vessels in the European shortsea market have improved dramatically over the past six months, the new Shortsea Index of German shipbroker Toepfer Transport shows. The rates have increased by more...Read more
PRESS RELEASE – Targeting the local mining industry, Wallenius Wilhelmsen will start monthly calls in Arica port in Chile. “Within easy reach of Southern Peru’s mining hub, the Chilean port is strategically located for shipments...Read more
The charter rates for multipurpose vessels keep skyrocketing and have gained further momentum. Day rates jumped by more than 10% month-on-month and now almost exceed the USD 9,000 barrier. Read more
The European Parliament has called on the European Commission to come up with a roadmap for zero-emission shipping in Europe as soon as possible. Regulations are needed to ensure that the maritime sector does not...Read more
PRESS RELEASE – Shipping consultant Drewry has partnered with Freightender to combine Drewry’s combining ocean freight cost benchmarking and procurement support services with Freightender’s cloud-based procurement technology platform.Read more
PRESS RELEASE – German shipping and logistics group Harren & Partner is strengthening its management team with Nils Aden joining the group as Managing Director on 1 May 2021.Read more
