June 2nd, 2012:

Shipping lines appear determined to push for more rate increases to smother any perception in the market that prices are falling, say analysts.

The fall in spot rates for containerized freight on the Asia-Europe trade lane indicated that the shipping lines’ solidarity over general rate increases (GRIs) could fall apart.

The CEO and partner at SeaIntel Maritime Analysis, Lars Jensen, said “there is a limit on how far rates are going to fall, and I [...]

“Foran” was the tool used for the integral design of the bulk carrier Spring Aeolian of 83,000 dwt, considered as having the largest deadweight and cargo capacity in the world for Panamax ships, the largest that can transit the Panama Canal.

The vessel was delivered recently, designed and built by Japans Sanoyas Shipyard.

The ship has a length of 229 m, molded breadth of 32.24 meters summer draft of 14.56 meters and characteristics that make [...]