Latest News for: Ship charterer

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Alibaba makes waves on the transpacific

Splash24/7 20 Oct 2021
Singapore-based Transfar Shipping is one of the transpacific’s newest entrants, having shelled out huge sums to charter in ships of up to 3,091 teu in size ... “Transfar has chartered seven ships so far on short term charters and all of them are currently running on the transpacific ...
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K Line makes history with successful carbon capture at sea

Splash24/7 20 Oct 2021
Tokyo-headquartered K Line has been carrying out trials of a new contraption it has installed on a ship on charter to Tohoku Electric Power, which it developed in association with Mitsubishi Shipbuilding and ClassNK ... on a 1,036 teu boxship, Nordica, belonging to Visser Shipping.
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Busy MPC Container Ships sells six ships

Splash24/7 20 Oct 2021
The company has also agreed a new bank facility of $180m whole also concluding seven additional multi-year charter fixtures in today’s red-hot container shipping market.
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Charterers need to pay for emission reductions

Seatrade Maritime News 19 Oct 2021
The charters are in an intensely competitive game and their only measure success typically is what they pay for the ship, not how much CO2 is emitted ... And when charters are prepared to pay for not only the movement of cargo from A to B, but doing so in a way that has minimized the ...
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Shipping platform Ankeri, which also calculates carbon emissions, closes €2M round

Crunch 19 Oct 2021
By modernizing and digitizing the ship charter processes, Ankeri brings significant transparency to the broad fluctuations in pricing and performance across vessels and carriers, which can equate to nearly €1 million in reduced total annual costs of operations.”.
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Diana Shipping to spin off three older bulkers

Splash24/7 19 Oct 2021
Management of Diana Shipping believes that the distribution of a separate, publicly-traded dry bulk company focusing on older vessels with shorter duration charters will further enhance shareholder value by providing greater exposure to the shorter-term charter market ...
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Shipping industry faces ESG heat from lenders

Arab News 19 Oct 2021
Standard Chartered has already provided loans linked to sustainability targets for drilling group Odfjell and the shipping division of Oman’s Asyad Group, the bank has said ... ESG-related assets under management are estimated to represent up to 80 percent of total lending to shipping by 2030, BCG said.
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ZIM opts to buy rather than charter for latest expansion

Splash24/7 19 Oct 2021
Illustrative of the sky high charter rates being banded around at the moment, Israeli carrier ZIM has opted to buy than rent some ships. The liner traditionally charters ...
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Walmart reveals holiday deal days

Arkansas Democrat-Gazette 19 Oct 2021
The $98-a-year subscription service includes everyday benefits such as free unlimited delivery from stores and free shipping with no order minimum ... Walmart made headlines in recent weeks for chartering ships to import merchandise from China.
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Target, Best Buy to offer early holiday sales

Arkansas Democrat-Gazette 19 Oct 2021
Many retail analysts are predicting that popular items might sell out by next month because of supply chain bottlenecks that have national retailers like Target chartering their own cargo ships and finding other creative solutions.
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Best Buy, Target will offer early holiday sales, close on Thanksgiving

The Columbus Dispatch 19 Oct 2021
Many retail analysts are predicting that popular items might sell out by next month because of supply chain bottlenecks that have national retailers like Target chartering their own cargo ships and finding other creative solutions ... Target said its latest move is moving about half its containers from ships at night.
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Petrobras books trio of Subsea 7 cable-layers for up to $750m

Tradewinds 19 Oct 2021
... deal for three cable-laying ships from Petrobras in Brazil.
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US retailers won’t use charters in long term: container lessors

Journal of Commerce 19 Oct 2021
... emerging based on shippers chartering their own container ships and needing to secure containers along with them.
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Is Walmart stock on sale?

Yahoo Daily News 19 Oct 2021
The latest bullish call on the world's largest retailer came Tuesday from Goldman Sachs' retail analyst Kate McShane.  ... Shares of Walmart popped 2% to $144.54 in Tuesday's session.  ... Both retailers should benefit from more favorable port access, long-term container shipping agreements and chartered vessel capacity ... .
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The shipping crisis has gotten so bad that some companies are chartering air cargo planes ...

Business Insider 18 Oct 2021
Getty Images The shipping crisis is driving some companies to ship their goods via air charters ... The shipping crisis is boosting demand for air cargo, with desperate retailers sending the price of an air freight charter to record levels ... to cope with an increase in shipping demand.
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