July 17, 2021
February 17, 2026
July 16, 2021
Breakbulk and heavylift charter rates hit all-time highs
Charter hire rates for multipurpose and heavylift vessels have surpassed the highs registered in 2008 to create new all-time records, latest data from Drewry shows. According to Drewry’s Multipurpose Time Charter Index, average annual
July 16, 2021
Evergreen to buy 6,000 new reefers
Evergreen Marine Corporation is reported to have ordered 6,000 new reefer containers from the Chinese manufacturers, Guangdong Fuwa Equipment Manufacturing (Fuwa), according to the Taiwan Stock Exchange Inc. & Taipei Exchange. The cost of
July 15, 2021
MSC sets increased prices from Asia to Antwerp and Valencia
GENEVA : Mediterranean Shipping Company (MSC) has announced new rates from Sri Lanka, India and Pakistan to two of the most important European hubs, the ports of Antwerp and Valencia. The Swiss container carrier
July 15, 2021
Maersk said to be eyeing up to a dozen 15,000TEU ships
COPENHAGEN : Maersk Line is said to be discussing orders for up to a dozen 15,000TEU methanol-fuelled container ships at Hyundai Heavy Industries (HHI), according to reports from South Korea. The price of each
July 12, 2021
Singapore retains top spot as International Shipping Centre for 8th consecutive year
SINGAPORE : Singapore kept its position as the world’s top shipping hub on the 2021 Xinhua-Baltic International Shipping Centre Development (ISCD) Index for the 8th consecutive year. The Republic was followed by London, Shanghai,
July 12, 2021
Yang Ming eyeing ULCV league with newbuildings
Yang Ming is reportedly planning to join the current newbuilding “arms race”, as it seems to be involved in orders of new container ships, while the company’s last orders were back in 2018. The
July 10, 2021
Biden vows to tackle competition issues in liner shipping
NEW YORK : President Joe Biden will shortly order American transportation agencies to address competition in rail and shipping, as shippers struggle with sky high freight rates. Biden’s executive order will tap the Federal
July 9, 2021
Hapag-Lloyd acquires Africa carrier NileDutch
HAMBURG : Deal approved by worldwide antitrust authorities and completed between the parties // Acquisition supports Hapag-Lloyd’s strategy to grow in Africa Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile
July 9, 2021
