Charter ratesDemand for multipurpose vessels is booming. The charter rates have shot up by 7.6% month on month to USD 8,902 on average, shows Toepfer’s Multipurpose Shipping Index. That is nearly 18% more than this time last...Read more
ShippingDutch breakbulk and project carrier Spliethoff is experimenting with a new bulbous design to improve the efficiency of its recently acquired fleet of P-Type heavy-lift vessels. The “nose job” is intended to optimize fuel consumption...Read more
ShippingUnited Heavy Lift’s eight new F900 Ecolift vessels have been financed by the Gustav Zech Fund of Bremen entrepreneur Kurt Zech, who was also the investor behind the now-bankrupt breakbulk carrier Zeamarine. UHL is said...Read more
OffshoreCrane vessel Thialf arrived next to the Sleipnir at the Landtong Rozenburg on Saturday 5 December. The semi-submersible crane ship is in the Netherlands for maintenance.Read more
Charter ratesThe charter rates for multipurpose vessels have bottomed out. Toepfer’s Multipurpose Shipping Index for July shows the rates bouncing back a notch to 6,391 dollars per day for a 12,500 dwt geared vessel. Read more
DecommissioningWith few profitable investment opportunities left as a result of the coronavirus, oil companies will likely increase their spending on decommissioning contracts. Global projects through 2024 could reach a value of 42 billion dollars, say...Read more
RestructuringZeamarine is reportedly disposing of vessels to deal with its financial losses. The fast-growing shipping company last month announced that it has hired a restructuring specialist to take over the management of the company and...Read more
SAL Heavy Lift will buy three “large ladies” capable of lifting 800 tonnes from Heino Winter Group. The vessels will join SAL’s global semi-liner service as many of the company’s existing heavy-lift vessels are tied...Read more
