Dry Cargo Transportation News

EST-Floattech will be providing the battery system for the purpose-built electric-landing utility vessel (E-LUV) to be built at Coastal Workboats’ new yard Stornoway. The company will also provide the shore-based power supply system.The collaboration with Coastal Workboats Scotland is realized due to Coastal Workboats receiving a £6 million (€7 million) grant to demonstrate the UK's first commercial electric workboat and charging station from the Clean Maritime Demonstration Competition.The BV-classed E-LUV is set to be the UK's first commercial electric workboat.

Florida Marine Transporters LLC Holdings has completed a refinancing with  a unit of TCW Asset Management Company LLC.Investment bank Carl Marks Advisors announced it facilitated the transaction.FMT, headquartered in Mandeville, La., is one of America’s largest independent, family-owned, Jones-Act-compliant marine transportation companies, providing liquid petrochemical, chemical cargo, and dry cargo transportation services in the inland waterways of the United States, primarily the Gulf intercoastal Waterway and Mississippi River System.

Damen Shipyards Group has unveiled its new Utility Vessel 2613 workboat geared for the aquaculture industry.The Damen UV 2613 draws upon other vessels from the shipyard’s portfolio, such as the Multi Cat and Shoalbuster, to deliver versatility to the fish-farming sector, with a work scope that covers everything from harvesting to net cleaning and diving support to de-licing.Damen Sales Manager Mike Besijn said, “We are very confident in the relevance of the UV 2613 for the growing aquaculture industry.

Azerbaijan Caspian Shipping Company has put into commissioning four dry cargo vessels that will operate beyond the pale of the Caspian Sea, reports AzerNews. An event to raise Azerbaijan`s state flag in the “Vagif”, “Sabir” “Huseyn Cavid” and “General Hazi Aslanov” vessels was held at the Tersan shipyard in Yalova region of Turkey on June 11. Caspian Shipping Company has also opened its office in Istanbul within the framework of the event. The number of dry cargo vessels of Caspian Shipping Company operating outside the Caspian Sea currently amounts to 11. New ships with the deadweight of 5,490 tons and breadth of 16.5 meters were constructed in Russia. The ships will be involved in the freight transportation operations in the Black and Mediterranean seas.

The key shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 26.7 percent to $469 per 20-foot container (TEU), last Friday. It was the third consecutive week of falling freight rates on the world’s busiest route and rates are now nearly 60 percent lower than three weeks ago. As expected over the past few weeks carriers have announced their plans to prop up rates come September 1st with all major carriers insisting on a general rate increase of around $1,000 TEU. These significant rate declines can be explained by the latest figures from Alphaliner, which suggest that demand on Asia-North Europe declined 3.5% during the first half of the year, whilst capacity actually increased 3.4%.