The multipurpose (MPP) shipping sector has not been spared from the disruptions in traffic flows in the Panama and Suez Canals. According to shipping consultancy…
United Marguisa Lines (UML), belonging to Marguisa Shipping Lines, a shipping company of the Spanish Sea & Ports group, has established a new Atlantic basin-focused…
In the last 6 months, three Wilson ships were repaired at the Tallinn Shipyard (TSY) in Northern Estonia, one of the three BLRT Group owned…
PRESS RELEASE – The AAL Kembla recently set sail from Rotterdam to Shanghai loaded with 15,000 tonnes of breakbulk and steel commodity cargoes, including private…
Drewry’s Multipurpose Time Charter Index increased to USD 8,339 per day in May, representing a rise of 4.3% compared to the 2.5% rise seen in…
The charter rates continue their upward trend and have now broken through the 10,000 dollar barrier. While the rates are up 61% year-on-year, shipping broker…
The charter rates for multipurpose vessels keep skyrocketing and have gained further momentum. Day rates jumped by more than 10% month-on-month and now almost exceed…
The rapid recovery in earnings for multipurpose vessels is expected to slow from the second half of the year as capacity constraints and supply chain…
Drewry expects the growth of the multipurpose and heavy-lift sector to slow in the second quarter and third quarter. Conditions will remain favourable, but growth…
Demand for multipurpose vessels is booming. The charter rates have shot up by 7.6% month on month to USD 8,902 on average, shows Toepfer’s Multipurpose Shipping…
PRESS RELEASE – Dutch Norwegian shortsea shipping company Longship Group has ordered two modern Bijlsma Trader 6000 multipurpose vessels at Bijlsma Shipyard in the Netherlands.…
AAL Shipping is taking delivery of two additional G-class multipurpose vessels, expanding its core fleet to 720,200 total deadweight (dwt). The Pacific Action and AAL…
Dutch shipping company Symphony Shipping has ordered two new Ecobox Xl project carriers with Ferus Smit Shipyards. The vessels are designed with a focus on…
Drewry’s Multipurpose Time Charter Index confirms that MPV-operators are experiencing an upward trend in charter rates to beyond pre-pandemic levels. The conditions are expected to…
Almost exactly one year after the Covid-19 pandemic hit Europe, the charter rates for multipurpose and heavy-lift vessels are back at their pre-pandemic level and…
PRESS RELEASE – Swire Shipping has opened a new office in Lae on 19 February 2021, strengthening its position in Papua New Guinea (PNG) and…
Capitalising on the frequency of sailings between Asia and the Americas in the past 12 months, AAL Shipping has decided to establish a monthly tramp…
PRESS RELEASE – The second EasyMax vessel was delivered to Wagenborg and taken into service under her official name, Máxima, named after the Dutch queen.…
One year after the launch of its Europe/Middle East – India/Asia monthly liner service, AAL Shipping has decided to commit six of its “mega-size” heavy-lift…
United Heavy Lift has taken delivery of the first of eight newly built F900 heavy-lift vessels, the MV UHL Faith. With the investment, the German…