Category: TTL Bulgaria News

TWELVE of the world’s 25 largest shipping lines in the first nine months of 2016 suffered a combined net earnings decrease of US$13 billion, while average spot rates on the Shanghai-Rotterdam trade route were down to $618 all-in per TEU, equivalent to a suffocating $0.06 per nautical mile, according to Dynamar.

Continue reading “Top box lines suffer US$13b loss in first 9 months of 2016: Dynamar” »

AFTER a quite spell at the end of last year, demand for large and very large charter box vessels has perked up with the market registering its first small gains in a long time last week as fixing activity proved surprisingly brisk after the festive season.

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A NEW era for the containership sector has been ushered in with the opening of the new, expanded Panama Canal in June, and is prompting significant changes in asset and deployment trends.

Continue reading “Expanded Panama Canal sheds fresh light on global container fleet” »

MORE idle container ships are returning to service, shrinking 2.1 per cent in the last two weeks to 318 ship above 500 TEU, aggregating 1.4 million TEU, reports Alphaliner.

Continue reading “Idle containership fleet shrinks 2.1pc with panamaxes having worst of it” »