LNG Rotterdam – Gate terminal to increase ship loading flow rate

Gate terminal (Gasunie/Vopak) announces that it will invest to increase the ship loading flow rate at the jetties for large ships from the current 2300 m3/hour to 4000 m3/hour to lower port time for vessels. This investment will allow Gate terminal to loa

Container shipping: Solid demand growth reduces spot rate volatility

As freight rates are coming back from the abyss, their actual rise seems to be magnified beyond their actual performance. Some container spot freight rates are up more than 100% from the very low levels of last year, but may still be at a loss-making leve

German rate setters call for preparing end of ECB’s easy policy

Germany’s two representatives on the European Central Bank’s main policy-making body called on Monday for it to prepare to wind down its aggressive stimulus policy as soon as economic conditions allow it.

Record high crude oil tanker deliveries adds instant freight rate pressure

January 2017 already accounts for 22% of the crude oil tankers previous year’s total deliveries, due to tremendous VLCC delivery growth.

Spot rate trends on Asia-Europe see reversal

The downwards trend line in Asia-Europe spot freight rates has finally been reversed, as data from World Container Index Shanghai-Europe reveals today.

HMM strikes charter rate cut deal with owners

Hyundai Merchant Marine (HMM) has pulled off a deal with owners of its chartered ships to cut charter rates by...

HMM making 'remarkable progress' in charter rate cut talks says KDB

Hyundai Merchant Marine (HMM) has made “remarkable progress” in last-ditch negotiations with shipowners to lower charter rates, according to local reports.