Wallenius Wilhelmsen’s New Carrier Will Have 90% Reduced Emission

Shipping company Wallenius Wilhelmsen has announced its plans to build a full-size wind-powered pure car and truck carrier, named Orcelle Wind, that will be capable of achieving up to 90% reduced emissions compared to contemporary vessels, reports Ship Technology

The new vessel

Shipping company Wallenius Wilhelmsen has announced its plans to build a full-size wind-powered pure car and truck carrier, named Orcelle Wind, that will be capable of achieving up to 90% reduced emissions compared to...

https://mfame.guru/wallenius-wilhelmsens-new-carrier-will-have-90-reduced-emission/

Salvors Prepare For Third Slicing Of Capsized Carrier

Salvors continued last week to prepare for the third chain cut through the hull of capsized vehicles carrier Golden Ray (IMO 9775816), reports Insurance Marine News.

Work at the wreck site 

Divers were removing debris and sediment that was blocking the cutting chain from entering the cut groove for the third cut, according to the response command. Crews were also working on the topside of the wreck to drill holes in order to perforate cut lines for the fourth cut in the series.

Strong currents at...

https://mfame.guru/salvors-prepare-for-third-slicing-of-capsized-carrier/

Call for All Inclusive Ocean Freight Rates Amidst Carrier Surcharges

The Global Shippers’ Forum (GSF) is backing India’s push for “all-inclusive” ocean freight rates, claiming carrier surcharges disproportionately impact cargo owners in developing countries, reports the LoadStar. 

All Inclusive Rates To Benefit?

Last week, Indian carriers and forwarders criticised the government’s plan to remove carriers’ ability to levy surcharges, arguing it would be unlikely to reduce costs and could put local exporters at a competitive disadvantage.

However, the GSF claimed...

https://mfame.guru/call-for-all-inclusive-ocean-freight-rates-amidst-carrier-surcharges/

Carrier Damaged After Contacting Pier!

Cargo ship damaged after contacting pier while berthing at Heraklion port, Crete, Greece, in the morning Jun 3, reports Maritime Bulletin.

What happened?

Aggregates carrier MASTRONIKOS contacted the pier while berthing at Heraklion port, Crete, Greece, in the morning Jun 3, on arrival from Tsingeli, Greece. 

Damage reported
  • Bow of the ship was dented and holed above the waterline.
  • Holes or cracks were reported of some 2 centimeters in size. 
Inspection and repairs

It was reported that the ship was...

https://mfame.guru/carrier-damaged-after-contacting-pier/

Carrier Reports $27m Loss in Q1 Due To Decline in Volume

  • Yang Ming recorded a $27m net loss for the first three months of this year
  • It reported $11m loss by its dry bulk business.
  • Yang Ming’s Q1 liftings were down 4% in the same period last year, to 1.24m teu.
  • Yang Ming has a capacity of around 600,000 teu with 70% chartered-in tonnage.

According to an article published in The Loadstar and authored by Mike Wackett, Yang Ming recorded a $27m net loss for the first three months of this year.

First-quarter loss weaker than expected

It followed a loss of...

https://mfame.guru/carrier-reports-27m-loss-in-q1-due-to-decline-in-volume/

Asia-Europe Capacity Crunch Pushes Carriers To Increase Freight Rates!

According to a LoadStar article written by Mike Wackett, CMA CGM has announced a $300 increase in FAK rates from Asia to North Europe and the Mediterranean, to $2,000 per 40ft, from 1 June.

Other carriers are rolling out similar hikes as space on the trade gets tighter, following aggressive blanking programmes by all three alliances.

Ships Running Full, Carriers Hike Rates

According to eeSea data, carriers have so far announced the withdrawal of 28% of scheduled headhaul sailings this month,...

https://mfame.guru/asia-europe-capacity-crunch-pushes-carriers-to-increase-freight-rates/

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