All Shipping articles – Page 3
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Choppy waters ahead for PCTCs
Sector analyst Veson Nautical identifies challenging market conditions ahead for the PCTC segment, should potential USTR port fees of USD1 million per voyage for non-US built car carriers enter force from mid-October. Combined with this week’s signals from Washington suggesting a sooner-than-expected reopening of the Red Sea, car carrier demand could take a heavy blow.
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Shipping pollution caps take effect in the Mediterranean
The Mediterranean Sea has officially become an emission control area (ECA) for sulphur oxides and particulate matter under the International Maritime Organization’s (IMO) MARPOL Annex VI, effective May 1, 2025.
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MSI slips as uncertainty stirs multipurpose market
The 17th edition of One World’s Market Sentiment Index (MSI) reveals another dip in industry confidence, falling to 53.3 amid tariff turmoil, transpacific trade contraction, and energy project setbacks. Yet with most multipurpose tonnage still fully employed, some see a sector better positioned to endure volatility than in years past.
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Wallem brings project cargoes and carriers together
In the highly competitive breakbulk cargo sector, Wallem Ship Agency continues to benefit from its ability to serve clients with specific needs and niche market requirements. With a focus Southeast Asia, the ship management group is quietly optimistic, writes Dickson Chin, managing director at Wallem Ship Agency.
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Wallenius Wilhelmsen finalises sale of MIRRAT
Ro-ro shipping group Wallenius Wilhelmsen has finalised the sale of its Melbourne International RoRo & Auto Terminal (MIRRAT) to Australian Amalgamated Terminals.
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Shifting port call activity for the MPP market
Data from Esgian’s multipurpose market insight reports shows shifting activity levels at ports in the Far East, USA and Europe from 2022 to Q1 2025, with further surges and slowdowns anticipated as a result of new tariffs and trade policies introduced this year.
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AAL delivers trio of Konecranes port cranes
Multipurpose shipping line AAL Shipping has delivered three fully assembly Konecranes port cranes from Schiedam and Westdorpe, the Netherlands, to ports in Mexico and Chile.
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Baltic Exchange launches fuel equivalence converter
The Baltic Exchange has launched a free fuel equivalence converter to help owners, traders, brokers and charterers understand the cost and commercial implications of greener fuel options.
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StormGeo partners with Awake.AI
Weather intelligence and voyage optimisation solutions provider StormGeo and Finnish AI analytics company Awake.AI have partnered to offer AI-powered port analytics to its clients.
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Federal Nigara sails to Duluth
Federal Nigara of the Fednav fleet has delivered several large pieces of import machinery to the Duluth Cargo Connect multimodal logistics hub on Lake Superior, USA.
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Chipolbrok Galaxy busy with project cargo voyages
Chipolbrok’s multipurpose vessel Chipolbrok Galaxy has been busy picking up and delivering project cargo for projects in Europe, North Africa, the Suez Canal and Asia via the Suez Canal.
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Veson outlines potential outcomes from MEPC83 Net-Zero Framework
The International Maritime Organization (IMO) recently hosted the 83rd meeting with the Marine Environmental Protection Committee (MEPC 83), resulting in a new fuel intensity target, which is set to come into force no later than March 2027.
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USTR’s China shipping measures take shape
On April 17, the United States Trade Representative (USTR) issued the final notice of action following its investigation into China’s shipbuilding and logistics sector. According to the USTR draft Federal Register notice, the USA will begin charging fees on Chinese-owned, operated and built vessels arriving at its ports in October 2025. Most multipurpose and heavy lift tonnage appears to fall beyond the scope of the regulations.
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Chipolbrok added to FMC controlled carrier list
The Federal Maritime Commission (FMC) has added Chipolbrok to its controlled carrier list due the Chinese government’s part ownership of the company.
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COSCO launches ultra-wide flatrack
COSCO Shipping Specialized Carriers has launched its newest flatrack container, a composite-material ultra-wide model.
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Harren strengthens ties in Türkiye
Harren Crewing has strengthened its connections in Türkiye by signing a cooperation agreement with Atotech Maritim, a part of Torlak Shipping.
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WSC endorses IMO decarbonisation plans
The World Shipping Council (WSC) has welcomed a global agreement at the International Maritime Organization (IMO), which is centred around decarbonising the shipping industry.
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South Enabler completes sea trials
Wallenius Sol’s South Enabler has successfully completed its sea trials in the Adriatic Sea as the company prepares for the vessel to join its fleet.
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Ro-ro rates under pressure while tariffs hit China-US sailings
Conditions in the ro-ro shipping sector continue to soften, according to sector analyst and data provider Esgian. In March, daily time charter rates fell month on month by 12 percent, ending Q1 2025 at USD60,000 per day on average. Further declines are expected in the months ahead.
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Trio of NYK firms to merge
Three shipping and ship-management firms within the NYK Group will merge as part of a strategic business integration.