Toepfer Transport’s monthly multipurpose shipping rate update
Toepfer Transport’s monthly multipurpose rate index ticked upwards. The analyst’s average daily time charter rate for a 12,500 dwt/F-type heavy lift vessel stood at USD13,029 at the start of May 2025, up from USD12,821 in April.
Wallenius Wilhelmsen completes Armacup acquisition following strong Q1 results
Ro-ro shipping and logistics group Wallenius Wilhelmsen has acquired the remaining shares in New Zealand-headquartered shipping company Armacup.
Sarens signs MoU to boost influence in Cambodia
Belgian heavy transport engineering firm Sarens has signed a memorandum of understanding (MoU) with a trio of companies, forming a strategic partnership that will provide logistics, heavy transportation and installation solutions in Cambodia.
Shipping pollution caps take effect in the Mediterranean
The Mediterranean Sea has officially become an emission control area (ECA) for sulphur oxides and particulate matter under the International Maritime Organization’s (IMO) MARPOL Annex VI, effective May 1, 2025.
Mammoet purchases pair of Eco500 vehicles
Transport engineering specialist Mammoet has added to its electric fleet by purchasing two Eco500 self-propelled modular vehicles from Cometto.
UTC battles harsh weather to deliver to biofuel refinery plant
UTC Overseas has completed a two-year, multimodal project to deliver 50,000 freight tons of cargo from Europe, Asia, and North America to a biofuel refinery plant in Nebraska, USA.
ESTA releases guidance to reduce dangers from AdBlue faults
The European association of abnormal road transport and mobile cranes (ESTA) has released updated guidance to help its members minimise issues with AdBlue – also known as diesel exhaust fluid (DEF).
MSI slips as uncertainty stirs multipurpose market
The 17th edition of One World’s Market Sentiment Index (MSI) reveals another dip in industry confidence, falling to 53.3 amid tariff turmoil, transpacific trade contraction, and energy project setbacks. Yet with most multipurpose tonnage still fully employed, some see a sector better positioned to endure volatility than in years past.
BrestPort and SFPC formalise strategic partnership
France’s BrestPort and Ireland’s Shannon Foynes Port Company (SFPC) have formalised a strategic partnership, underpinned by the signing of a memorandum of understanding (MoU).
Mammoet begins replacing 19 crane girder beams at oxygen steel plant
Mammoet has begun replacing 19 crane girder beams as part of the modernisation of central production units at a thyssenkrupp Steel oxygen steel plant in Duisburg, Germany.