Maritime

Maritime

Toepfer Transport’s MPP Index dips for the first time in 22 months

portnews - May 6, 2022

While the time charter rates for multipurpose vessels remain elevated, it is the first time in 22 months that Toepfer Transport’s Multipurpose Index has...

Maritime

France LNG Shipping inks another LNGC charter deal with EDF

portnews - May 6, 2022

French ship-owning company France LNG Shipping has signed another long-term charter contract for a new LNG carrier with EDF LNG Shipping, a subsidiary of...

Container

FMC chair prepared for even more cases against major container lines

portnews - May 6, 2022

Although he has found no evidence that major container lines are collaborating illegally, Federal Maritime Commission Chair Daniel Maffei is certain that the US...

Container

FMC improves capacity to monitor container alliances and their pricing

portnews - May 6, 2022

New monitoring requirements from the FMC will force major container alliances to provide insights regarding their pricing on various tradelanes. The three global container alliances...

Companies

Keppel O&M awarded FPSO integration contracts worth around S$250 million from repeat customers

portnews - May 6, 2022

Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard), has been awarded contracts worth around S$250 million...

China

Major Chinese ports container volume falls 5.7% in mid-April

portnews - May 6, 2022

Container volume at eight major Chinese port declined by 5.7% year-on-year in mid-April affected by the recent Covid outbreaks in Yangtze River delta region. Export...

Companies

NYK signs fourth long-term LNG charter with EDF

portnews - May 6, 2022

NYK has inked a fourth long-term charter for an LNG carrier with France’s EDF Group. The contract signed by France LNG Shipping, a 50-50 joint...

Green

LNG Carriers Account for a Quarter of Shipping Emissions in the Arctic

portnews - May 6, 2022

In 2021, just 26 natural gas tankers cruised through Arctic waters, as compared to the hundreds of fishing vessels that also ply these rich...

Container

US demands more rate, capacity information from container shipping alliances

portnews - May 6, 2022

The US Federal Maritime Commission (FMC) is demanding more information and pricing from the largest container shipping alliances accused of profiteering from the supply...

Energy

EU Could Ban European Insurance and Tanker Transport for Russian Oil

portnews - May 5, 2022

To accompany its proposed ban on the importation of Russian oil, the European Union may also decide to prohibit European companies from providing maritime...

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