All Rates articles – Page 6
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NewsJumbo-SAL-Alliance: remaining agile
David Kershaw spoke with Christian Hoffmann, director, group strategy and marketing of SAL Heavy Lift/Harren & Partner Group, reflecting on the establishment of the Jumbo-SAL-Alliance and the group’s future plans.
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NewsIRU: Driver shortages set to surge
The International Road Union (IRU) expects driver shortages to increase at alarming rates across the globe.
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NewsMultipurpose rates remain steady
Toepfer Transport’s multipurpose time charter index has recorded a slight increase over last month, rising to USD22,760.
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NewsDrewry’s rate index weakens slightly
The Drewry Multipurpose Time Charter Index weakened over May to USD11,120 per day – down from April’s figure of USD11,170 per day.
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ArticleAfrican multipurpose carriers feel the heat
Project logisticians and carriers active in Africa are benefiting from the protracted uptick in oil prices. The high-price environment has encouraged exploration activity. Furthermore, continuing demand for power and improved infrastructure is contributing more project cargo – and the market is overheating.
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NewsPreparing for rising fuel prices
With a hike in fuel prices occurring across Europe, ESTA – the European association of abnormal road transport and mobile cranes – is advising its members to use transport contracts that include valid fuel clauses that can be revised on a weekly basis.
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NewsFreight forwarders bounce back
After experiencing one of its most challenging years to date amid the Covid-19 pandemic, the global freight forwarding market bounced back strongly and grew by 11.2 percent in real terms in 2021, according to Transport Intelligence (Ti).
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NewsDrewry’s rate index remains steady in April
Drewry’s multipurpose time charter index held firm in April at USD11,170 per day, halting the previous month’s decline.
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NewsToepfer: multipurpose rates show small decline
Toepfer Transport’s multipurpose time charter index has dipped ever so slightly for the first time in 22 months.
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NewsRising prices weigh on UK manufacturers
The latest UK Manufacturing Purchasing Managers’ Index (PMI) has highlighted ongoing concerns over the rising cost of energy and raw materials.
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NewsRoad freight rates on the up
The effects of inflation on the supply side of the European road freight market, especially on diesel prices, have led to substantial increases in road freight rates in the first quarter of 2022, according to the IRU.
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NewsTime charter rates climb steadily
The average daily multipurpose time charter rate for a 12,500 dwt/F-type heavy lift vessel, according to Toepfer Transport, rose to USD22,764 in early April 2022.
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NewsPositive year for Blue Water
Blue Water Holding, covering the transport and logistics group’s total activities, posted a EUR19 million (USD21.1 million) profit in 2021.
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NewsA successful year for Höegh
Ro-ro shipping line Höegh Autoliners posted a net profit of USD125 million for 2021, with freight revenues equating to USD947 million – an increase of 28 percent compared to 2020.
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NewsUAL adds to fleet to combat shortage
Universal Africa Lines (UAL), which specialises in serving West Africa, has added the 12,700 dwt multipurpose vessel UAL Manitoba to its fleet.
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NewsTraining issues continue to manifest
As we compiled the latest issue of HLPFI, various industry figures highlighted ongoing issues about recruitment and training and the tactics adopted to help address the problems.
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NewsRates stable but outlook unclear
Both Toepfer Transport’s and Drewry’s multipurpose time charter indices report another rise in rates over the last month, albeit at a slower rate of growth.
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NewsBIFA to survey views on container shipping market
The British International Freight Association (BIFA) is surveying its entire membership to ascertain views on the current practices undertaken by container shipping lines, as well as opinions on the easements and exemptions provided to those lines under competition law.
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NewsSupply chain reacts to conflict
Ukraine continues to prove resilient in the face of Russia’s invasion. The latter is coming to terms with strong sanctions and international companies cutting ties.
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NewsWorking group to investigate shipping market
Competition authorities from Australia, Canada, New Zealand, the UK and USA – also known as the countries of the Five Eyes alliance – are forming a working group to look into illegal conduction, including collusion, in global supply chains.