All Rates articles
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NewsToepfer Transport’s monthly multipurpose shipping rate update
Toepfer Transport’s monthly multipurpose rate index has tapered-off over the past month. The average daily time charter rate for a 12,500 dwt/F-type heavy lift vessel declined 0.36 percent to USD13,088 in September 2024.
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NewsDrewry’s Multipurpose Time Charter Index
The Drewry Multipurpose Time Charter Index tracked upwards over the past month to hit USD9,259 per day at the start of September 2024.
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NewsWarning lights flash for ro-ro
The ro-ro shipping sector is still going at full tilt moving its core cargoes and project loads aren’t getting much of a look in the door. However, disquiet about the Chinese automotive manufacturing sector could see some heat ebb from the market.
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NewsLogisticians consider multimodal response to Red Sea crisis
As the Red Sea crisis escalates, actors in the supply chain are having to navigate the complexities of re-routing and determining alternative solutions. Some are turning to multimodal solutions that utilise the Silk Road.
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CapPro newsBNEF: Electrified transport investments surpass renewable energy in 2023
BloombergNEF’s Energy Transition Investment Trends 2024 finds that renewable energy, electric vehicles, hydrogen and carbon capture all drive investment growth year-on-year. Global investment in the low-carbon energy transition surged 17 percent in 2023, reaching USD1.77 trillion.
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NewsSpot rates drop for European road freight
The European road freight rate benchmark – produced by Transport Intelligence, Upply and the International Road Transport Union (IRU) – shows a 14.8 point drop in spot rates in the fourth quarter of 2023 compared to the same period the year prior.
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CapPro newsSupply chain responds to European offshore wind energy indicators
The European offshore wind energy sector, while reporting a record year for installations in 2023, is still some way off track. Overall, the EU aims to install 420 GW of wind energy by 2030, up from 205 GW today. One (of many) reasons why the Continent is lagging is a result of limited supply chain investment.
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NewsWallenius Wilhelmsen lands USD290 million contract with South Korean client
Ro-ro carrier Wallenius Wilhelmsen has signed a multi-year shipping contract with a leading construction machinery company in South Korea.
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NewsHydroWing develops barge to support its tidal energy pipeline
HydroWing, part of Inyanga Marine Energy Group, has designed the Quad Hull Barge, which it believes will help drive down the cost of installation and maintenance for its patented tidal stream array technology.
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NewsGazelle Wind partners with Tugdock to deploy floating wind technology
Gazelle Wind Power, a developer of floating offshore wind platforms, has signed a memorandum of understanding (MoU) with Tugdock to co-develop a modular offshore wind assembly system.
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NewsFull ships or a damp squib? Gauging the multipurpose market
With a promising project pipeline and a supply side that favours the market, the multipurpose shipping segment is in a stable state, despite 2023 landing somewhat flatter than expected.
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NewsLooking back on 2023
It’s tricky to summarise the current state of play in the project logistics and heavy lift shipping sectors. Whether the glass is half full, or half empty, is very much situation dependent.
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Cap Pro
Depomures natural gas storage facility
Sector: Gas - Midstream
Project Type: Expansion
Project Status: Under development
Region: Europe -
ArticleHLPFI meets: Kyriacos Panayides
Justin Archard sits down with Kyriacos Panayides, a ubiquitous presence in the multipurpose and heavy lift shipping business and architect of one of the sector’s success stories, AAL Shipping.
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NewsUHL weighs in on Panama Canal disruption
Water-saving measures are severely affecting the capacity of the Panama Canal. United Heavy Lift (UHL) has said that the vessels it operates will be unable to transit the waterway until around May-June 2024.
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NewsALS Worldwide signs MoU with Somaliland
ALS Worldwide Group has signed a memorandum of understanding (MoU) with the Government of Somaliland as it expands its transportation services out of Berbera.
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NewsAAL outlines EU ETS stance
AAL Shipping has published carbon surcharge guidance to help customers prepare for the increased costs related to the upcoming extension of the the EU Emissions Trading System (EU ETS) to cover the maritime industry.
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NewsGemadept orders Gottwald ESP.6 MHC for Vietnam’s NDV port
Vietnamese port operator and logistics company Gemadept has ordered a Generation 6 Konecranes Gottwald ESP.6 mobile harbor crane for the Nam Dinh Vu (NDV) port in Haiphong, northeastern Vietnam.
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NewsUECC outlines EU ETS methodology
Pure car and truck carrier (PCTC) owner and operator UECC has adopted a standardised methodology based on an existing and trusted industry framework to address the upcoming EU Emissions Trading System (EU ETS).
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NewsMPV orderbook faces supply-side risk
The multipurpose sector’s vessel orderbook is small, at just under 2.4 million dwt. China’s dominance in fulfilling those orders puts the fleet expansion in a precarious position, according to analyst Drewry.