All Rates articles – Page 23
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Larger ships on the horizon
July 11 - 22,000 teu containerships will start being built in a few years and 24,000 teu vessels won't be far behind, says Ocean Shipping Consultants managing director Andrew Penfold, speaking at the recent TOC Container Supply Chain Conference.
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ACG sponsors GPLN
July 5 - AirCargoGroup (ACG) has become a vendor sponsor of the Global Project Logistics Network (GPLN).
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The Friday Flyer - June 21st 2013
If you don't need a weatherman to know which way the wind is blowing, you don't need an economist to help you understand the implications of PWC's suggestion this week that half of Germany's maritime shipping companies plan to enter alliances with peers o
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STX Pan Ocean shares tumble further
June 19 - After a court accepted its application to seek protection from creditors, STX Pan Ocean Co, South Korea's largest commodities-shipping company, has seen its shares slump to their lowest levels in Seoul since it was originally listed.
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Crowley establishes new LCL links
June 18 - Florida headquartered Crowley Maritime Corporation has launched a new LCL service from Chicago connecting Puerto Rico, the Caribbean and Central America.
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The Friday Flyer - June 14th 2013
These are the best of times to be buying shipping capacity and the worst of times to be selling shipping capacity. That is the message from Global Shipping Industry
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Group7 on the up with record-breaking revenues
June 10 - Munich-headquartered logistics services provider Group7 has achieved record turnover levels for its financial year 2012.
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STX Pan Ocean files for court receivership
June 7 - STX Pan Ocean, South Korea's largest commodities shipping line, is reported to have filed for court receivership after a drop in rates left it unable to pay off its debts.
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The Friday Flyer - June 7th 2013
In normal business cycles, some companies prosper and some companies fail. These are not normal business times so it is difficult to know whether STX Pan Ocean, South Korea's largest commodities shipping line, might have filed for court receivership even
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PCN enhances directory
June 4 - The Project Cargo Network (PCN) has added a new insurance category to its PCN Heavy Lift Resource Directory.
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The Friday Flyer - May 31st 2013
Rivet-beating will start at Jiangsu Hongqiang Marine Heavy Industry in H2 2013 on four 12,500 dwt multipurpose heavy lift vessels for an unnamed German client according to reports in the international media.
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Drewry says slow-steaming to escalate
May 22 - According to the latest Container Insight report from analyst Drewry, although slow-steaming continues to be a contentious issue with shippers, more is on the way as fuel prices remain stubbornly high and ocean carriers can no longer absorb the b
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FMC issues yacht transport alert
May 13 - The Federal Maritime Commission (FMC) has issued an alert to yacht purchasers that any company used to move vessels via ocean freight should be FMC licensed and bonded.
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Solid Q1 for Boeing
April 24 - The Boeing Company has issued its first quarter 2013 financial results, reporting revenues of USD18.9 billion - down three percent year-on-year over 2012.
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Learn from the shrimp fishermen, say German shipping companies
April 16 - Two of Germany's leading ship owning and ship management companies have urged fellow shipowners to consider a concerted lay-up of ships in order to reduce capacity in the market to obtain a restoration of acceptable rates.
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Confidence reaches two-year high
March 28 - Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moo
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Times are still tough, says Drewry
March 26 - The multipurpose sector faces a difficult couple of years, but its long-term prospects are good, according to Drewry Maritime Research's latest Annual Multipurpose Shipping Market Review and Forecast report.
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Peters & May updates
March 21 - Southampton, UK headquartered boat transportation specialist Peters & May has been named preferred shipping agent for The Christmas Caribbean Rally (CCR) - a new transatlantic rally.
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Strong 2012 at BAHRI
February 27 - The National Shipping Company of Saudi Arabia (BAHRI) saw strong financial performance during 2012.
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The Friday Flyer
February 8 - The old adage - talk is cheap - does not seem to apply in the EU's corridors of power in Brussels where agreement is being sought on a trillion-euro budget for the next seven years for the 27-nation union.