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Maritime News
Vigor Begins Low Rate Initial Production Work on U.S. Army Landing Craft
[By: Vigor] Vigor, a Titan Company, has begun low rate initial production (LRIP) on the Maneuver Support Vehicle (Light) (MSV(L))…
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Marine World
Freight Rate Surge Recalls Covid ‘Chaos’
(Bloomberg) — Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving…
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Marine World
Transocean Secures Offshore Drilling Contract at $505,000 Day Rate
Offshore drilling contractor Transocean has announced securing an offshore drilling contract above the highly coveted $500,000 day rate mark amid…
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Port News
Euroseas fixes out boxship at bumper rate
Nasdaq-listed Greek boxship owner Euroseas has entered a time charter contract for its 4,250 teu Synergy Antwerp with an undisclosed…
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Marine World
TPM24: Spot Rate Spike Hits Transpacific Contract Negotiations
By Mike Wackett (The Loadstar) – Based upon initial feedback to The Loadstar, there appears to have been only a handful of shippers,…
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Marine World
Red Sea Crisis Could Fan Asia’s Inflation Anew, Delay Rate Cuts
By Claire Jiao (Bloomberg) — Asia could see slower economic growth and a resurgence of inflation as escalating violence in the…
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Marine World
TPM24: Shippers Slow Walk New Contracts Amid Red Sea Rate Shock
By Lisa Baertlein LONG BEACH, March 6 (Reuters) – U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate…
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Marine World
Carriers Pushing Rate Hikes Ahead of Likely Service Suspensions
By Mike Wackett (The Loadstar) – Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane…
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Marine World
Failure of Rate Increases Points to Tough Times Ahead for Ocean Carriers
By Mike Wackett (The Loadstar) – Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container…
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Maritime News
CMA CGM to Halt Spot Freight Rate Rises until February
French container shipping group CMA CGM said on Thursday it was stopping all increases in its spot freight rates until…
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