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Maritime

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“K” LINE enters into Long-Term Time Charter with QatarEnergy for Five Newbuilding LNG vessels

portnews -
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce the execution of five long-term Time Charter contracts through joint venture companies (Note 1)...
Dry Bulk

Dry Bulk Market: Capesize Market Slipped Further This Week

portnews -
Capesize The past week has had a negative trend overall, but closed up by the end. The average of the 5 Capesize time charter routes...
Companies

SFL lands $200m charter for LNG-powered car carrier pair

portnews -
John Fredriksen’s SFL Corporation has secured a 10-year charter deal with a European-based carmaker for two newbuild dual-fuel 7,000 ceu car carriers set for...
Companies

Odfjell buys back five and charters in four

portnews -
Norwegian chemical tanker operator Odfjell has exercised the option to buy back five vessels on lease and chartered in four currently under construction. The Bergen-based...
Maritime

Baltic index snaps 12-session losing streak on capesize gains

portnews -
The Baltic Exchange’s dry bulk sea freight index (.BADI) rose on Friday for the first time in 13 sessions, helped by an uptick in...
Maritime

Baltic Dry Index Snaps 12-Session Losing Streak

portnews -
The Baltic Exchange’s dry bulk sea freight index rose on Friday for the first time in 13 sessions, helped by an uptick in capesize...
Maritime

No joy for carriers as spot rates look set to drop below pre-pandemic levels

portnews -
  Container spot rates on the Asia-Europe and transpacific tradelanes are on course to dip below pre-pandemic levels before the end of the year. However, ocean...
Maritime

Toepfer Transport’s MPP charter index dips well below $20,000

portnews -
  Toepfer Transport’s Multipurpose Index (TMI) has dipped below $20,000 for the first time in ten months as the correction of time charter rates in...
Maritime

Impatient shipping execs face future of unknowns

portnews -
Not only the geopolitical situation is more uncertain than it has been for decades. A slew of shipping executives find themselves at a crossroads,...
Companies

INEOS signs long-term time charter agreements with Pacific Gas for four 99,000 cubic metre Very Large Ethane Carriers

portnews -
INEOS Europe AG and Pacific Gas (Hong Kong) Holdings Co., Ltd, has signed long-term time charter agreements for four 99,000cbm (cubic metre) VLECs (Very...
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