Container spot rates have dived by 18% in June on the previous month and operators should not count too much on the forthcoming high season in the sector to turn the picture prettier, a senior ...
June container spot rates dive 18%
Boskalis wins EUR75 million African dredging contracts
Dutch dredging giant Royal Boskalis Westminster is to undertake dredging projects in Angola, Gabon and Senegal jointly worth EUR75 million (USD84 million). Angola LNG has awarded Boskalis a contract ...
Seoul to integrate shipping and port information
South Korea's Ministry of Oceans and Fisheries (MOF) plans to construct an integrated system of information on shipping, port, and logistics. This aims to solve inconvenience caused by the existing ...
South Korea to integrate shipping and port information
South Korea's Ministry of Oceans and Fisheries (MOF) plans to construct an integrated system of information on shipping, port, and logistics. This aims to solve inconvenience caused by the existing ...
Dry bulk rate recovery positive for asset values
Recent recovery in dry bulk freight rates may not be sustainable, but it is good for asset values, say Kurt Waldeland and Erik Nikolai Stavseth, shipping analysts at Arctic in Oslo. The Capesize ...
Royal HaskoningDHV and Setec win EUR80 million Seine-Nord Europe Canal contract
French waterways authority Voies Navigable de France (VNF) has awarded a 12-year contract to a joint venture between engineering and consulting companies Royal HaskoningDHV and Setec Group to manage ...
CSBC to receive orders worth $485m from TS Lines, Evergreen
China Shipbuilding Corporation (CSBC), the only listed shipbuilder in Taiwan, expects to receive orders for 10 3,000 teu container ships and four 1,800 teu container ships from TS Lines and Evergreen, ...
Tasco Amata ship manager denies underpaying crew
The fleet manager for the Thai-flagged tanker Tasco Amata detained in Melbourne on 11 May has hit back at claims made by the International Transport Workers' Federation (ITF) Australia that the crew ...
Veder to order ice class LNG carrier for Gasum contract
Gasum, the Finnish energy group and Anthony Veder, the Dutch shipping company, have signed an agreement for a long-term time charter of an ice Class 1A Super LNG carrier newbuilding. "The 18,000 cbm ...
DS Torm expects to complete restructuring about mid-July
DS Torm, the listed Danish product tanker and dry bulk shipping company, says it expects to complete restructuring of its business around mid-July following lender approval of a legal part of it, the ...