Transatlantic Container Shipping Spot Rates Jump 210% -BIMCO
For almost three months now, the spot freight rate for containerized goods shipped by sea from North Europe to the U.S. East Coast has been 210% higher than last year (July 1 – September 23), according to shipping organization BIMCO.It wasn’t until April 1, 2021 that we saw the ripple effects from the globally stretched supply chains impacting front-haul freight rates on the Transatlantic container shipping trade lane.
Schipper Joins Sterling PlanB as VP, Inland Waterways Europe
Sterling Plan B (SPBES) announced the appointment of long-time inland waterways shipping consultant Leen Schipper to the position of Vice President, Inland Waterways Europe with SPBES.SPBES said it sees increasing opportunities for marine battery use in the inland waterway shipping market, as customers move toward decreasing their climate change impacts through electrification.Schipper, who is Dutch…
New Fortress Energy Charters Höegh Gallant FSRU
Höegh LNG Partners has entered into an agreement with a subsidiary of New Fortress Energy for the charter of the Höegh Gallant for FSRU operations for a period of ten years…
UK: First Steel Cut for First Type 31 Frigate HMS Venturer
First steel was cut Thursday for the first of the UK Royal Navy’s five new Type 31 frigates, HMS Venturer.The historic ceremony took place at Babcock's factory in Rosyth, Scotland, where the Type 31 Inspiration class ships are being constructed."The frigates will be at the heart of the Royal Navy’s surface fleet, deterring aggression and maintaining the security of the UK’s interests as well as providing humanitarian relief when needed.
ABS Awards AIP for Ned Project's Hydrogen-ready WTIV Design Aimed for U.S. Offshore Wind Market
Classification society American Bureau of Shipping (ABS) has granted its Approval in Principle (AIP) to Ned Project Inc. for its hydrogen-ready wind turbine installation vessel (WTIV) design.The NP20000X ULAM design is intended to be Jones Act Compliant and able to meet future offshore wind market demands, specifically operations involving 15-20 MW wind turbine installations. According to ABS, the vessel's innovative approach loads monopiles vertically on the 8…