All Rates articles – Page 7
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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.
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NewsTime charter rates begin to plateau
The average daily multipurpose time charter rate for a 12,500 dwt/F-type heavy lift vessel, according to Toepfer Transport, hit USD21,863 in early February 2022.
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NewsDrewry’s index continues to rise
Drewry’s Multipurpose Time Charter Index increased to USD10,920 per day in January, representing a rise of 3.3 percent on the December 2022 figure.
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NewsRoad freight rates hit record high
The European Road Freight Rate Benchmark, published by the IRU, showed that prices hit historic highs at the end of 2021.
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NewsBuoyant breakbulk at NWSA
The Northwest Seaport Alliance (NWSA), comprising the ports of Seattle and Tacoma, reported record-breaking breakbulk traffic in 2021.
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NewsSamskip expands project cargo services
Samskip’s project cargo business in Bremen and its dedicated airfreight team at Schipol airport will work together to expand the company’s project cargo portfolio.
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NewsBIFA calls for deepsea shipping market investigation
The British International Freight Association (BIFA) has written to the UK government asking it to investigate the state of competition within the current deepsea container shipping market.
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NewsDrewry remains optimistic for carrier fortunes
The Drewry Multipurpose Time Charter Index increased to USD10,575 per day in December, up 0.8 percent over the November 2021 figure.
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NewsNew freighters square up for heavyweight contest
With Boeing 747 production finally set to close – as the last B747-8 freighters are delivered to Atlas Air – heavy cargo twinjets will open up an entirely new battlefront between the two major airframers in 2022.
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NewsToepfer reports rising rates
The average daily multipurpose time charter rate for a 12,500 dwt/F-type heavy lift vessel, according to Toepfer Transport, hit USD18,973 in early December.
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NewsGrowth slows for multipurpose sector
Drewry’s multipurpose time charter index increased to USD10,487 per day in November, representing a rise of 1.9 percent over October 2021.
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NewsForwarding market grows 12 percent
Analyst Transport Intelligence (Ti) expects the 2021 global freight forwarding market to have grown by 12 percent year on year over 2020 levels.
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NewsThe development of ocean freight rates
Forecasting the trajectory of shipping rates even in the short term is highly problematic. However, Transport Intelligence (Ti) believes it is likely that there will be ‘regression to the mean’ and that there have been no big changes to the industry dynamics that suggest the sky-high rates will be the new normal.
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NewsBottlenecks for wind energy
The wind energy market continues to grow, not only in terms of the number of projects coming to market but also in terms of the size of components, the latter point adding extra pressure on those needing multipurpose and heavy lift shipping services.
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NewsCharter rates keep climbing
The Drewry Multipurpose Time Charter Index increased to USD10,294 per day in October, representing a rise of 2.5 percent over the September 2021 rate.
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NewsRates soar to new heights
Toepfer Transport’s multipurpose time charter index has risen for the 17th consecutive month, with the average daily time charter rate for a 12,500 dwt/F-type heavy lift vessel hitting USD17,407 at the start of November.
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NewsThree UK freeports to begin operations
The UK’s Budget and Comprehensive Spending Review announcements confirmed that England’s first three freeports – Humber, Teesside and Thames – will be able to start operations in November.
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NewsNewbuilds in the offing for AAL Shipping
AAL Shipping has confirmed that it will boost its fleet with several newbuildings and additional second-hand tonnage.
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NewsMPP market shows no sign of cooling down
Toepfer Transport has reported that time charter rates in the multipurpose shipping sector are continuing to climb, and high premiums have surpassed the peak levels of 2008.
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NewsICS introduces updated seafarer protection guidance
On the first day of London International Shipping Week, the International Chamber of Shipping (ICS) has published new and updated guidance to protect seafarers and shipowners against the challenges of the Covid-19 pandemic.