All Rates articles – Page 9
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News
Greenroad delivers for Mayan project
Greenroad has coordinated the delivery of 20,000 cu m of cargoes, including six diesel locomotives and other accessories, for Mexico’s Mayan Train project – a 1,525 km intercity railway that would traverse the Yucatán Peninsula.
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Drewry: rates still rising
The Drewry Multipurpose Time Charter Index rose to USD7,992 per day in April 2021, representing a rise of 2.5 percent compared March 2021.
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Rates up, capacity tightening
Toepfer Transport reports that time charter rates in the multipurpose shipping sector are continuing to increase steadily, with shippers fearing a further tightening of vessel supply in the coming months.
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Article
Covid-19 effects balance out in heavy lift air cargo charter market
Covid-19 is proving to be a double-edged sword in its effects on mining industry demand for air cargo charter services.
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Multipurpose shipping’s recovery still fragile
The rapid recovery in earnings for multipurpose vessels is expected to slow from the second half the year as capacity constraints and supply chain disruptions in competing sectors ease, according to Drewry’s Multipurpose Shipping Annual Review & Forecast.
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Drewry reports rising rates
The Drewry Multipurpose Time Charter Index rose to USD7,795 per day in March 2021, representing a rise of almost 15 percent compared to the previous month.
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Time charter rates rise
According to the latest report from shipbroker Toepfer Transport, time charter rates in the multipurpose shipping sector are continuing to climb.
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News
Wallenius Wilhelmsen to reactivate final three vessels
During the third quarter of this year, Wallenius Wilhelmsen will reactive the last three of its vessels that were placed in cold layup. The reactivated vessels will replace capacity sourced through short-term charters.
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Favourable conditions spur on charter rates
Drewry’s multipurpose time charter index indicates that rates have increased to USD6,800 per day in February – a rise of 4.2 percent compared to the previous month.
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Charter rates continue to climb
Time charter rates in the multipurpose shipping sector have significantly increased over the last month, according to the latest data from shipbroker Toepfer Transport.
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Wallenius Wilhelmsen reactivates vessels
Wallenius Wilhelmsen will reactivate three more of its vessels that are currently in cold layup in June and July to replace capacity that is currently sourced through short-term charters.
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News
ACCC closes cartel case
The Australian Competition & Consumer Commission (ACCC) has closed its investigation into several shipping companies moving vehicles to Australia from Asia, Europe and the USA.
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Ernst Russ expands portfolio
Hamburg-based Ernst Russ has acquired majority shares in two 12,500 dwt multipurpose vessels.
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Rates continue on their upward trajectory
The Drewry Multipurpose Time Charter Index increased to USD6,530 per day in January, representing a rise of 3.8 percent compared to the previous month.
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Neptune Declaration gathers momentum
More and more companies from across the shipping sector are signing the Neptune Declaration on Seafarer Wellbeing and Crew Change, in a worldwide call to action to end the unprecedented crew change crisis caused by Covid-19.
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Time charter rates continue to climb
Time charter rates in the multipurpose shipping sector have increased over the last month, according to the latest data from shipbroker Toepfer Transport.
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News
DLM supports MHI Vestas
UK-based Dynamic Load Monitoring (DLM) has provided a wireless weighing solution for MHI Vestas Offshore Wind’s facility in Fawley.
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Ti forecasts recovery for global logistics
Data from Transport Intelligence (Ti) shows that the global logistics industry was worth EUR5.275 trillion (USD6.395 trillion) in 2020. Those with expertise in last mile delivery services were able to benefit as they catered to the surge in online retail.
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MPV sector benefits from container chaos
Delays, lack of space and a surge in tariffs is plaguing the liner shipping market. While the current situation is causing headaches for shippers and forwarders alike, there are opportunities for the breakbulk and multipurpose shipping sector.
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Drewry forecasts rising rates
The Drewry Multipurpose Time Charter Index increased to USD6,289 per day in December 2020, representing a rise of 3.5 percent compared to the previous month.