Five cargo vessels, including Wallenius Wilhelmsen’s vehicle carrier Carmen, trapped at Baltimore port since March 26 have been able to depart following the opening of the Fort McHenry Limited Access Channel

‘The ability to stay nimble to react to changes in shipping markets is more important than ever,’ says Norden chief executive

Fifth-biggest vehicle carrier operator reports a 14% drop in quarterly revenues because of longer Red Sea diversions. Nevertheless, spot freight rates are being maintained at record levels and Höegh Autoliners should gain from an uplift in pricing from upcoming contract renewals with its major shippers

DFDS, the world’s largest operator of shortsea ro-ro services, plans to order six low- or zero-carbon newbuildings within the next two years, and potentially three new high-speed ferries. EVP Mathieu Girardin says customers’ changing attitudes are making green investments easier to justify

Cash offer by MSC subsidiary for all issued and outstanding shares in Oslo-listed non-operating owner was unexpected. Whether MSC’s move heralds future expansion in to vehicle carrier liner services, with potential crossover from its container shipper clients, remains to be seen

‘The capesize market is structurally tight — not only are newbuilding deliveries slowing down to multi-year lows in 2024-26 but there are no VLOCs delivering until late 2026,’ said Braemar analyst Alexandra Alatari