Norwest Ship Management has expanded its fleet with two multipurpose (MPP) vessels following a purchase agreement with Smyril Line. The vessels, named MV Hvitanes and MV Eystnes, are scheduled for delivery in April 2024. Read more
Global logistics company Samskip has launched a new dedicated shortsea service connecting Rotterdam, Oslofjord and the UK. The company said the new service follows the successful departure of the first three vessels from its Matrans...Read more
Stainless steel major Outokumpu is bolstering its cooperation with Finnish shipping company Langh Ship to reduce carbon emissions from its shortsea liner operations.Read more
Toepfer Transport ReportThe European shortsea sector welcomed 2024 with open arms as the first month of the year brought enough cargo at reasonable freight rates. Read more
Toepfer Transport ReportDespite facing multiple challenges, the European shortsea sector has come out the other end of 2023 with a “satisfying after all” mark from the Hamburg-based shipbroker Toepfer Transport. Read more
Toepfer Transport ReportActivity seems to be returning to the shortsea market, as reflected in the Toepfer Transport’s Shortsea Index which has been growing for the past couple of months.Read more
Demand for reliable shortsea service in the Baltic Sea region has prompted Samskip to launch a new service connecting Latvia and Finland with the United Kingdom and the Netherlands. Samskip said it will deploy two...Read more
Fast Lines Belgium have made their first purchase at Damen Shipyards, signing a contract for the delivery of two Damen Combi Freighter 3850s. The order is in line with the company’s ambition to provide cleaner...Read more
Toepfer Transport ReportAlthough September lived up to the expectations, it seems that it is still not enough to warrant the full return of optimism in the shortsea sector. There was, however, an environment of satisfaction and marginally...Read more
Skarv Shipping Solutions, a joint venture by Peak Group and Grieg Edge, has placed an order for up to eight 7,000 dwt, low-carbon multipurpose (MPP) vessels. The shipbuilding contract was signed with Huanghai Shipbuilding for...Read more
Toepfer Transport ReportIn a somewhat similar fashion to the MPP sector, the shortsea shipowners are looking forward to a better negotiating position going forward. Toepfer Transport’s Shortsea Index (TSI) did see another drop in July, however, early...Read more
Toepfer Transport ReportEuropean shortsea operators are experiencing the full brunt of the summer season as activity as well as cargo volumes drop. It is the second month in a row where the summer season is clearly reflected...Read more
European shortsea operators are seeing more open tonnage and less available cargo as the summer season comes in quick. The lull is reflected in the Toepfer Transport’s shortsea index which has taken the largest hit...Read more
The construction of an innovative general cargo vessel designed by the Groningen-based ship design and engineering office, Conoship, is progressing at the Gelibolu Shipyards in Turkey. The yard cut the first steel for the NB60...Read more
The family-run medium-sized shipping company HS Schiffahrts has seen the first steel for its 7,000 dwt multipurpose vessels cut at the Cochin Shipyard (CSL), India.Read more
After three months of rising earning, the European shortsea fleet has now had two months of decline on the trot, according to the latest monthly report by Toepfer Transport. High cargo volumes have not returned,...Read more
The European shortsea fleet earnings have continued to bounce back, rising again for the third month in a row, according to the latest monthly report by Toepfer Transport.Read more
After the European shortsea fleet earnings broke the downwards trajectory in the past month, the latest monthly report by Toepfer Transport shows another uptick. Read more
Norwest Ship Management has reaffirmed its belief in the shortsea MPP market with further expansion of its fleet. To better serve the market, the company has signed a deal with Eckerö Shipping to buy the two...Read more
European short sea fleet is sailing into the seasonal slowdown which is reflected in a slight drop in earnings, the Hamburg-based shipbroker Toepfer Transport said in its recent report.Read more