Favourable conditions spur on charter rates
Drewry’s multipurpose time charter index indicates that rates have increased to USD6,800 per day in February – a rise of 4.2 percent compared to the previous month.
Symphony orders XL newbuilds
The Netherlands-based Symphony Shipping has ordered two newbuild Ecobox XL project cargo vessels from Ferus Smit Shipyards.
Hapag-Lloyd expands African footprint
Hapag-Lloyd has opened an office in Nairobi, Kenya, as part of its growth strategy in Africa.
Charter rates continue to climb
Time charter rates in the multipurpose shipping sector have significantly increased over the last month, according to the latest data from shipbroker Toepfer Transport.
SAL and Jumbo propose joint venture
German breakbulk and project cargo carrier SAL and Dutch maritime heavy lift transport and installation contractor Jumbo have announced their intention to form a joint venture.
Alfa Lift construction progresses
OHT’s newbuild vessel Alfa Lift has been floated out from its dry dock at China Merchants Heavy Industry’s (CMHI) shipyard in Jiangsu, China.