ShippingConstruction on Spliethoff’s new B-Type heavy-lift vessels has begun with a steel cutting ceremony at the Mawei shipyard in Fuzhou, China. The vessels will combine DP2 station-keeping abilities with two 500-tonne heavy-lift cranes, making them...Read more
The incredible shortage of empty containers will at least last into January, analyst firm SeaIntelligence Consulting states. And to end the situation by then, the carriers will need to both procure new containers and reposition...Read more
ShippingSpliethoff has acquired another P14-type multipurpose heavy-lift vessel on Tuesday, December 15, 2020. The vessel is renamed ‘Pottersgracht’ and reflagged to the Dutch register.Read more
Shippingdship Carriers is expecting a new vessel, the F-500 type multipurpose vessel MV Ronnie. The vessel has just been launched at the yard and is designed to reduce fuel consumption and increase stowage flexibility. Read more
ShippingCMA CGM has informed its customers that it will not accept bookings for the transport of containers from Asia to Northern Europe (Asia-Europe trade lane) for the time being. It is the latest development in...Read more
ShippingThe recovery of the charter rates is gaining momentum. The average charter rate for a 12,500 dwt multipurpose vessel in December increased by 202 dollars compared to last month. That is a significantly bigger increase...Read more
ShippingContainer liners are chartering multipurpose vessels to close supply gaps as demand peaks and rates soar. “The dearth of cellular container tonnage in the charter market is forcing some carriers to tap into the multipurpose...Read more
ShippingDrewry has launched the Multipurpose Time Charter Index, which tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include...Read more
ShippingSAL Heavy Lift this week announced it has bought a majority stake in Intermarine. When asked by SAL CEO Martin Harren, Svend Andersen decided to return from his retirement to lead the company. “It will...Read more
ShippingThe charter rates for multipurpose vessels continue to crawl back up from the low levels of June and July this year. Toepfer’s Multipurpose Shipping Index for October shows an increase of 70 dollars to an...Read more
Charter ratesThe charter rates for multipurpose vessels keep slowly improving from their downfall earlier this year. In the latest edition of Toepfer’s Multipurpose Shipping Index, the average day rate for a 12,500 dwt geared vessel now...Read more
Multipurpose shippingEngineering company DEKC has developed a new ship which can help shipowners invest in their fleet without having to worry if today’s choices will still be relevant in 10 years time. DEKC’s new vessel design,...Read more
Charter ratesThe charter rates for multipurpose vessels have bounced back a little, shows Toepfer Multipurpose Shipping Index. Rates increased slightly in August to USD 6,492 per day for a 12,500 dwt geared vessel.Read more
ShortseaThe European shortsea sector has been struggling for over a decade. “Consolidation is much needed, says Wilson Shipping’s CFO Stig Vangen. “There should be fewer, bigger players because the options are running out. And it...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
Charter ratesAverage charter rates kept falling in the past month but the decline has significantly slowed in pace. In June, the average day rate for a 12,500 dwt multipurpose vessel fell by 60 dollars compared to...Read more
NewbuildingPRESS RELEASE – Following the installation of the bow in March, Wagenborg has now installed the bridge deck of its second EasyMax multipurpose vessel. The EasyMax2 is being built at the Royal Niestern Sander Shipyard...Read more
Fleet expansionBBC Chartering has taken delivery of the MV BBC St. Petersburg, the first of six new F500 multipurpose vessels to join the company’s fleet. The vessel set sail on May 1st and is currently on...Read more
Drewry expects demand growth for breakbulk and project cargo to stay positive if the coronavirus is contained by the fourth quarter of 2020. “We expect demand for this year to be on par with 2019...Read more
There’s little chance left that multipurpose and heavy-lift vessels will see any demand growth this year following the outbreak of the coronavirus. “Any anticipated recovery will not be sufficient to offset contractions of the first...Read more
