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The Panama Canal Authority (ACP) has claimed that the tide has turned in its ongoing battle to get back to normal operations, following a debilitating year of drought-induced cuts to drafts and transits. “Current forecasts indicate that steady rainfall will arrive in late April and continue for a few months. If this remains the case, …
The first batch of transpacific contracts are concluding for the May 2024-April 2025 period with analysts at Jefferies reporting Asia-US west coast rates are understood to be in the $1,40 to $1,500 per feu range, up from $1,200 per feu to $1,300 per feu last year. These agreements compare to current spot rates above $3,000 …
https://splash247.com/transpacific-container-contracts-substantially-below-initial-asking-rates/
https://splash247.com/transpacific-container-contracts-substantially-below-initial-asking-rates/MariApps Marine Solutions has signed an agreement to enhance the digitalization of Intership Navigation's fleet of 100 vessels.By utilizing MariApps’ digital solutions suite, smartPAL, Intership hopes to offer its customers, ship owners and…
https://www.marinelink.com/news/mariapps-intership-navigation-sign-512852
https://www.marinelink.com/news/mariapps-intership-navigation-sign-512852Groke Technologies, the Finnish technology company behind the Groke Pro Situational Awareness System, has introduced a new solution designed to give ship managers shoreside an unparalleled view of the surrounding area of all the vessels in their…
https://www.marinelink.com/news/groke-technologies-unveils-situation-512853
https://www.marinelink.com/news/groke-technologies-unveils-situation-512853Data gathering and transmission for Accelleron’s digital optimization solutions and service agreements will be automated under a new agreement signed by BEMAC and Accelleron’s Japanese joint venture company Turbo Systems United.The MaSSA-One…
https://www.marinelink.com/news/accelleron-bemac-partner-digital-512854
https://www.marinelink.com/news/accelleron-bemac-partner-digital-512854Hong Kong-listed Seacon Shipping is selling a bareboat chartered modern chemical and oil products carrier to UK bulker and tanker player Union Maritime. The 2022 Fujian Mawei-built Golden Lavender has fetched $36m, with ship pricing platform VesselsValue estimating the 34,827 dwt unit at about $32.9m. Seacon said it would first buy the vessel out of …
https://splash247.com/seacon-offloads-modern-mr1-product-tanker-in-36m-deal-with-union-maritime/
https://splash247.com/seacon-offloads-modern-mr1-product-tanker-in-36m-deal-with-union-maritime/Marlink reports it is providing new capabilities to long-term customer TUI Cruises on its Mein Schiff fleet, augmenting its managed hybrid network solution with Starlink LEO connectivity.Marlink will install its Sealink NextGen network solution…
https://www.marinelink.com/news/marlink-integrates-starlink-leo-512837
https://www.marinelink.com/news/marlink-integrates-starlink-leo-512837MAN Energy Solutions, MAN Energy Solutions USA and Carnival Corporation & plc, the world’s largest cruise company, have signed a service agreement (LTSA) for five of Carnival’s Vista Class cruise ships powered by MAN 48/60CR type engines. The…
https://www.marinelink.com/news/carnival-signs-ltsa-man-primeserv-512838
https://www.marinelink.com/news/carnival-signs-ltsa-man-primeserv-512838Danish shipping and logistics firm DFDS said on Tuesday it has agreed to buy the international transport network of Turkey's Ekol Logistics for 1.9 billion crowns ($277 million) and lifted its sales growth forecast for the year.The network connects…
https://www.marinelink.com/news/dfds-buy-international-network-ekol-512839
https://www.marinelink.com/news/dfds-buy-international-network-ekol-512839The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a fourteenth consecutive session on Tuesday as rates for the larger vessel segments slipped.The overall index, which factors in rates for capesize…
https://www.marinelink.com/news/baltic-index-extends-decline-larger-512840
https://www.marinelink.com/news/baltic-index-extends-decline-larger-512840