Topic: Shipping

Charter rates have bottomed out

The 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
|Comment|author: Tobias Pieffers

Jumbo: “Our ships continue sailing”

Following the Dutch measures to slow down the spread of the coronavirus, Jumbo Shipping has reported its ships have received the necessary instructions and, for now, continue their schedule. The company’s offices have been closed...Read more
|Comment|author: Tobias Pieffers

Fuel prices take a massive nosedive

Fuel prices have taken a massive nosedive since the beginning of the year with low sulphur fuel prices in Singapore dropping from USD 734 per tonne on January 1st to USD 415 per tonne today. The...Read more
|Comment|author: Tobias Pieffers

Ray Fitzgerald rejoins Crowley as COO

PRESS RELEASE – Crowley Maritime Corporation has announced that Ray Fitzgerald will rejoin the company March 1 as Chief Operating Officer (COO). He will report to Tom Crowley, company chairman and CEO, and will be based...Read more
|Comment|author: Tobias Pieffers

Meriaura adds coaster to fleet

PRESS RELEASE – Meriaura Shipping has added a new ship to its fleet, the 4,450 dwt M/V Friendland. According to the company, the vessel has a favourable dead weight/volume ratio (7200 m3) and is, therefore,...Read more
|Comment|author: Tobias Pieffers