All Rates articles – Page 8
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NewsCMA CGM freezes spot rates
Container shipping giant CMA CGM will freeze any further spot rate increases across all services operated under its brands until February 1, 2022.
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NewsVehicle carrier prices hit new highs
VesselsValue reports that spending on newbuild vehicle carriers passed the USD3.2 billion mark last week – exceeding the previous six years combined investment in LCTC, PCTC and PCC ships.
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NewsAnother monthly jump in rates
The Drewry Multipurpose Time Charter Index increased to USD9,679 per day in August, representing a rise of almost 7 percent compared to the 1.4 percent rise seen in the previous month, as the usual summer lull came to an abrupt end.
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NewsICS proposes carbon emission levy
The International Chamber of Shipping (ICS) has put forward a comprehensive proposal for a global levy on carbon emissions from ships.
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NewsRates chart an upward course
Time charter rates in the multipurpose shipping sector have continued rise over the course of last month, according to data from shipbroker Toepfer Transport.
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NewsKOGA adds tonnage
KOGA Shipping will add the multipurpose vessel Vectis Castle to its US Gulf - Caribbean - North Coast South America trade lane through until December.
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NewsScrapping surges in H1 2021
London-based ship valuation company VesselsValue has reported that 275 cargo vessels were scrapped in the first half of 2021 – up 40 percent year-on-year
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NewsCongested market benefits Hapag-Lloyd
In announcing its half-year results, Hapag-Lloyd said that it does not expect the present volatility in the container shipping sector to ease until the first quarter of 2022, at the earliest.
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NewsFMC starts surcharge inquiry
The US Federal Maritime Commission (FMC) has launched an inquiry into the timing and legality of ocean carrier practices with respect to certain surcharges.
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NewsAtlas Air secures capacity
Atlas Air Worldwide Holdings will acquire eight Boeing 747-400 freighters in order to secure its capacity.
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NewsDrewry’s index shows slowdown
The Drewry multipurpose time charter index increased to USD9,056 per day in July, a rise of 1.4 percent over the June figure.
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NewsRates continue to rise
The summer holiday season did not slow down the increase of charter rates for the multipurpose shipping sector, according to Toepfer Transport, with further increases seen over the last month.
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NewsBIFA: high rates and tight capacity here to stay
The British International Freight Association (BIFA) has reported that rates in the container shipping market are likely to remain high and could possibly increase, with little change expected for coming months or possibly years.
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NewsTackling surging costs
US President Joe Biden issued an executive order to tackle anti-competitive practices in parts of its economy. Among the broad-ranging remit, the government is tasking the Federal Maritime Commission (FMC) and the Surface Transportation Board (STB) to come up with solutions to the surging costs shippers presently face.
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ArticleHeavy-duty railfreight: Beefing up capabilities
Increasing rates across all modes are posing serious questions of forwarders moving heavy cargoes contracted months ago. However, in the USA and Europe heavy railfreight operators have been strengthening their fleets, reported strong performances in 2020, and believe the prospects going forwards are promising. Ian Putzger reports.
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NewsTime charter rates still rising
Time charter rates in the multipurpose shipping sector have continued to increase over the last month, according to the latest data from shipbroker Toepfer Transport.
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NewsSettling into the recovery
The latest report from Transport Intelligence (Ti) has found that the post-Covid-19 global forwarding market is settling in to its recovery phase after dramatic contractions in 2020.
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NewsDrewry reports further rate rises
The Drewry Multipurpose Time Charter Index rose to USD8,339 per day in May 2021, a rise of 4.3 percent compared April 2021.
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NewsTime charter rates continue to climb
Toepfer Transport reports that time charter rates in the multipurpose shipping sector continued on their upward trajectory in June 2021.
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NewsDKT Allseas calls in MPPs
DKT Allseas – part of Allseas Global Logistics – has fixed contracts with multipurpose vessels ranging in capacity from 620-1,600 teu as it expands its services connecting Shanghai and Ningbo in China with Liverpool in the UK.