May 12 - Paragon Shipping & Logistics has transported an over-dimensional air cooled heat exchanger from Saudi Arabia to Dubai.
The scope of Paragon's work included survey, loading, packing, Customs clearance and transportation to Dubai.Established in 2006, Paragon Shipping & Logistics is a member of the Project Cargo Network (PCN).
The slide in spot rates in container shipping has become entrenched, according to analyst Drewry, with the dips getting bigger by the week. It added that it could be the beginning of the end of the container market bull run.
Construction of Royal Wagenborg’s third EasyMax vessel has started at the Royal Niestern Sander shipyard in the Netherlands.
Total Movements has coordinated the delivery of power plant equipment and accessories from the manufactures site to an export port in India.
Ports will play a key role in the decarbonisation of the supply chain, and the sector’s leading trade associations in the UK are calling for greater energy connectivity to facilitate the shift away from fossil fuels.
United Heavy Lift (UHL) has tasked Zeaborn Ship Management to supervise the construction of its latest F900 Eco-Lifter newbuilds, which it ordered during May.
Container shipping industry analyst Xeneta said that shippers on major trades are seeing falling spot rates and premiums, and getting capacity allocations is becoming easier.
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