Activity returns, and so does the optimism for owners in the shortsea sector
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
Shortsea activity slumps, optimism remains
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
Summer hits the shortsea fleet earnings hard
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
Construction of Conoship-designed shortsea general cargo vessel on track
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
Steel cut for six 7,000 DWT MPPs for HS Schiffahrts Group
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
Toepfer Transport: year start dampens shortsea activity, earnings slip
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
Toepfer Transport: winter season pushing shortsea earnings up
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
Toepfer Transport: shortsea fleet earnings crawling back up
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 puts more eggs in the shortsea MPP basket
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
Toepfer Transport: seasonal slowdown reflected in short sea fleet earnings
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
Rates for European shortsea vessels improved by 30% in past six months
ShippingThe charter rates for shortsea vessels in the European shortsea market have improved dramatically over the past six months, the new Shortsea Index of German shipbroker Toepfer Transport shows. The rates have increased by more...Read more
Longship Group orders new 6,000 dwt multipurpose vessels
ShippingPRESS RELEASE – Dutch Norwegian shortsea shipping company Longship Group has ordered two modern Bijlsma Trader 6000 multipurpose vessels at Bijlsma Shipyard in the Netherlands. The first of the new ships is due to be...Read more
Meriaura acquires new tonnage in 3,000-tonne range
ShippingPRESS RELEASE – VG-Shipping, a shipping company belonging to the Meriaura Group, has purchased a 3,000 dwt dry cargo vessel. The 86-metre long, ice-classed vessel will be chartered by Meriaura and managed by a German...Read moreWilson maintains profitability through cost control
ShortseaNorwegian shortsea carrier Wilson Shipping is reporting fairly stable earnings despite the lower day rates and difficult market circumstances due to Covid-19. In the third quarter, the company’s operating profit amounted to EUR 11.5 million,...Read more
Drewry launches time charter index, rates keep rising
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
CLdN ramps up capacity between mainland and UK
Ro/roPRESS RELEASE – CLdN is ramping up preparations for the end of the Brexit transitional phase on 31 December 2020 by introducing additional capacity on its UK routes. As from last week, 25% extra capacity...Read more
DEKC develops breakbulk vessel with modular, exchangeable engine room
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
Wilson and Arkon create shortsea shipping giant
ShortseaWilson and Arkon Shipping have signed a deal to join forces and create Europe’s largest shortsea shipping company with a fleet of more than 130 vessels. Read more