Drewry’s Multipurpose Time Charter Index confirms that MPV-operators are experiencing an upward trend in charter rates to beyond pre-pandemic levels. The conditions are expected to…
The outlook for the multipurpose shipping industry is brightening. Despite the rising geopolitical risk and economic uncertainty, Drewry forecasts that average earnings for breakbulk and…
Höegh Autoliners has shipped six large multimedia filters for an offshore project on modified trailers. Four units were shipped on a double-wide concept, while the…
Siemens Gamesa will acquire the European onshore wind service business from Hamburg-based wind turbine manufacturer Senvion, which filed for insolvency earlier this year. The purchase…
The project cargo industry faces increased competition from car carriers as the sector struggles with slow growth rates and political uncertainty in the car business.…
The Baltic Dry Index on Monday reached its highest peak in more than five years. The index grew by 3.4% to 1,928 points, its highest…
Rising project cargo traffic will strengthen freight rates for the multipurpose and heavylift shipping sector throughout 2019, but prospects thereafter are muted by an anticipated…
Hopes of a dry bulk recovery have diminished now that day rates for Kamsarmax and Supramax bulkcarriers have nosedived and declined with as much as…