“If you dock, I will blow you up”
on board, together with a threat to detonate it if the ship berthed in the Belgian port. As a precautionary measure, the Belgian police immediately ordered the ship to return...
Boxships to hit 30 mln TEUs by 2025
By the end of 2025, the global container fleet’s capacity will have reached 30 million TEUs, i.e +15 %, or 6.4 mln TEUs more, compared to today. This is what...
K-Line’s future blowing in the wind
K LINE has signed a contract with Norwegian design firm Airseas for three more giant kites to be installed on three of its post-panamax bulkers. The company’s Seawing system harnesses...
Let’s use our bulkers to carry cars too!
export demand. The temporary solution will enable the company to meet market demand in the automotive sector while continuing to import lumber and other forest products on its return voyages....
Shanghai – Genoa Freight rates up 15%
rose by 8%, to $3074/FEU, while tariffs on Shanghai-Los Angeles, Rotterdam-Shanghai and Los Angeles-Shanghai routes increased by 6%, 3% and 1% respectively, to $2100, $466 and $774 per FEU. Rotterdam...
Capesize market booming
The dry bulk market is still looking good. In particular, freight rates for capesize vessels of over 150,000 dwt are continuing to rise due to a combination of increasing demand...
MOL ups its earnings estimates
Expected net income for April-March 2022 rises to 5.36 bln dollars. +33.3% on October estimates...
CSSC puts its money on wind power
CSSC will see to the rest of the funding. The vessel is due to be delivered in September 2023. It will then be chartered to Summer Bihai for 78 months....