All Multipurpose shipping articles – Page 8
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Multipurpose recovery in sight says Drewry
October 17 - The multipurpose shipping fleet could be greeted with a rising market share and recovery in freight rates in 2018, according to Drewry's latest Multipurpose Shipping Market Review and Forecaster report.
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Container shipping could face mega-problem
August 29 - Despite an increase in freight rates, global benchmarking and market intelligence platform for containerised ocean freight Xeneta, says the future remains uncertain in container shipping due to the looming increase in megaship capacity.
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Container profitability on the horizon
July 27 - Container lines could see a 12-month cumulative profit of up to USD5 billion this year, as the "super-cycle" of carrier consolidation has changed the playing field and left shippers with less choice, says Drewry.
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Demand drivers give rise to optimism
June 27 - Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for vessels in the multipurpose shipping sector, according to global shipping consultancy Drewry.
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Moore Stephens flags shipping pool pitfalls
April 20 - International accountant and shipping adviser Moore Stephens issued a warning to ship owners and operators to check carefully the financial, tax and jurisdictional implications of participating in shipping pool arrangements.
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Recovery in sight, says Drewry
March 29 - Following another poor year for multipurpose shipping with further erosion of rates making it the worst market in over 10 years, signs of recovery are now evident with momentum expected to build over the next few years, according to global ship
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Zeaborn takes over Rickmers-Linie
February 9 - Zeaborn Group has taken over the business operations of Rickmers-Linie, including NPC Projects, marking further consolidation in the multipurpose shipping sector.
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Recovery in sight says Drewry
January 4 - According to the latest Multipurpose Shipping Market Review and Forecaster report, published by Drewry, the multipurpose shipping market will see the first signs of recovery by the end of 2017.
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Flinter loses bank support
October 21 - Dutch multipurpose shipping company Flinter has confirmed that ING Bank will no longer provide financing for nine of its vessels, leaving the line with no other option than to file for suspension of payments.
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Drewry releases latest multipurpose report
October 7 - According to the latest Multipurpose Shipping Market Review and Forecaster report published by Drewry, "the last three months have been some of the worst the multipurpose and project carrier sector has endured in living memory".
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"K" Line denies bankruptcy allegations
September 29 - Japanese shipping major Kawasaki Kisen Kaisha (“K” Line) has issued a statement that dismisses claims that it is facing bankruptcy.
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Briese and Auerbach in alliance
August 9 - In response to the ongoing difficulties faced by shipping lines active in the multipurpose shipping sector, Briese Schiffahrts and Auerbach Schifffahrt have formed a strategic alliance and will cooperate more closely in the areas of project dev
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MPV sector improvement 'some way off'
June 29 - According to the latest Multipurpose Shipping Market Review and Forecaster report published by Drewry, the demand outlook for the multipurpose fleet has not improved since the first quarter of 2016.
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Demolish or consolidate, says Drewry
June 8 - In a webinar yesterday, Drewry analyst Susan Oatway suggested that the current overcapacity in the multipurpose shipping market can only be improved in the short term if operators of bulk carriers start scrapping some of their older ships.
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Juul takes helm at dship
June 7 - Martin Juul has been appointed to replace Finn Rasmussen as president of dship Carriers (Americas).
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Rickmers takes on Nordana's project line
June 1 - Consolidation in the multipurpose shipping sector took a further step forward today with the news that Rickmers-Linie is set to take over Nordana Project & Chartering.
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Another two years of misery, says Drewry
April 14 - Drewry predicts that the multipurpose shipping market is not expected to recover until the end of 2017, when it is anticipated that there will be more bulk demand for Handysize tonnage and therefore more breakbulk cargoes for multipurpose vesse
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Drewry: Container lines brace for losses in 2016
January 8 - The container shipping industry should brace for losses in 2016, according to the latest Container Forecaster report released by global shipping consultancy Drewry, which will have a negative knock-on effect on the heavy lift and multipurpose
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Flamar and OXL file for bankruptcy
December 22 - The multipurpose project shipping sector ends the year on a sad note with the news that ships agency Flamar and heavy lift and multipurpose shipping line OXL have filed for bankruptcy at the commercial court in Bruges.
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Breakbulk shipping improvement 'some way off'
December 21 - According to global shipping consultancy Drewry, although demand growth is expected to recover next year after a very poor 2015, and supply growth is likely to be minimal, competition from other sectors will maintain pressure on the breakbul