Time charter rates in the multipurpose shipping sector slipped further over the last month, according to shipbroker Toepfer Transport.
The average daily time charter rate for a 12,500 dwt/F-type heavy lift vessel stands at USD6,441 for May 2020, a drop of USD395 compared to April 2020’s rate of USD6,836.
For a year-on-year comparison, rates in May 2019 stood at USD7,524.
Grimaldi Group has taken delivery of Great Abidjan, the fourth G5-class multipurpose ro-ro vessel in a six-vessel order from Hyundai Mipo Dockyard in Ulsan, South Korea.
Chinese-Polish multipurpose shipping line Chipolbrok has appointed Radoslaw Chmieliński as managing director of its Gdynia office.
Container shipping group MSC, through its subsidiary SAS Shipping Agencies Services Sàrl, has proposed a NOK7.64 billion (USD700 million) takeover of Norwegian ro-ro tonnage provider Gram Car Carriers (GCC).
Ro-ro carrier Wallenius Wilhelmsen and Georgia Ports Authority (GPA) have signed a 20-year terminal agreement consolidating the company’s port and logistics operations at the port of Brunswick.
Grimaldi Shipping Agency Shanghai has inaugurated its new offices in Sinar Mas Plaza.
The Netherlands-headquartered Fusie Engineers and Q3 Heavy Lift have teamed up to design a 140 m x 40 m flat-top barge that is tailored for transporting heavy cargo for offshore wind projects in Taiwan.
