SER MARINE FREIGHT

  • Engineering District : 24 0
  • TSO Series Number : 3 0
  • Principal Commodity List : LOGS AND MISCELLANEOUS 0
  • Area of Operation : ASHLAND AND BAYFIELD, WI TO APOSTLE ISLAND AND VARIOUS GREAT LAKE PORTS 0
  • Vessels
    • General Cargo Carrier : 1 0
    • Vessels List : OUTER ISLAND 0
  • Address
    BOX 1467 BAYFIELD WI 54814
  • Contact
    • Phone : 715-779-5587 0
BOX 1467 BAYFIELD WI 54814

Managed Vessel

OUTER ISLAND

  • Type : 03 0
  • Construction : A 0

Related News [SER MARINE FREIGHT]

Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates

Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates

The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates, but the situation remains far from certain.

Maersk, Hapag-Lloyd: No immediate return to Red Sea

Maersk, Hapag-Lloyd: No immediate return to Red Sea

Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring the situation in the Middle East and would return to the Red Sea once it was safe to do so."The agreement has only just been reached.

BIMCO's Shipping Number of the Week

Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average. Declining freight rates in recent months, a cloudy outlook and high newbuilding prices contributed to the slowdown, and contracting in 2024 will likely fall short of 2023 levels,” says Filipe Gouveia, Shipping Analyst at BIMCO.

Hapag-Lloyd Expects Shipping Volume Uptick to Continue

Hapag-Lloyd Expects Shipping Volume Uptick to Continue

Hapag-Lloyd's CEO said on Thursday he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and seen as a proxy for trade and a health barometer for the world economy.The volume of twenty-foot equivalent (TEU) containers moved by its 292 ships rose to 9.3 million metric tons in the nine months from January to September, up 5% from 8.

Maersk CEO: No Return to Red Sea Shipping Expected until ‘Well Into 2025’

Maersk CEO: No Return to Red Sea Shipping Expected until ‘Well Into 2025’

A.P. Moller-Maersk expects strong demand for shipping goods around the globe to continue in the coming months, though does not expect to resume sailing through the Suez Canal until "well into 2025".Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade

LNG Shipping Rates Tumble as New Vessels Enter Market

LNG Shipping Rates Tumble as New Vessels Enter Market

Liquefied natural gas shipping rates have hit multi-year lows and may extend losses going into 2025, analysts and shipping sources said, with new tankers being added at a faster rate than LNG production is rising and spot demand still tepid.New LNG tankers, built in anticipation of rising U.S.

Hapag-Lloyd Raises Outlook on Stronger-than-expected Demand

Hapag-Lloyd Raises Outlook on Stronger-than-expected Demand

International shipping company Hapag-Lloyd raised its full-year earnings guidance on Thursday citing stronger-than-expected demand and higher freight rates.Despite increased expenses from the diversion of vessels around the Cape of Good Hope, Hapag-Lloyd says it now expects earnings before interest, taxes, depreciation, and amortisation (EBITDA) for 2024 of between $4.

Maersk Raises Profit Outlook

Maersk Raises Profit Outlook

Danish shipping group A.P. Moller-Maersk said on Monday it had raised its full-year forecasts on the back of strong third quarter results, robust demand and the continuing disruption to shipping in the Red Sea.Maersk said it had revised its outlook for global container market volume growth in 2024 to around 6% from a range of between 4% to 6% seen previously.

OSVs Gain New Life

OSVs Gain New Life

Faced with an aging fleet, the Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority has turned to converted offshore support vessels (OSV) to breathe new life into its ferry operations.The operator announced its purchase of the OSVs HOS Shooting Star and HOS Lode Star from Hornbeck Offshore Services in 2022, to replace its open-deck freight vessels Gay Head and Katama

Maersk Warns of Escalating Disruption as Red Sea Attacks Persist

Maersk Warns of Escalating Disruption as Red Sea Attacks Persist

The negative impact on maritime shipping and global supply chains from attacks in the Red Sea continues to intensify as traffic is rerouted away from the Suez Canal, Danish shipping company A.P. Moller-Maersk said on Thursday.Attacks in the Red Sea by Iran-aligned Houthi militants have disrupted a route vital to east-west trade, with prolonged rerouting of shipments

Norden Completes Norlat Shipping Acquisition

Norden Completes Norlat Shipping Acquisition

Danish shipping company Norden said on Tuesday that it has closed its acquisition of Nordic dry bulk operator Norlat Shipping.The deal was announced in July but remained subject to regulatory approvals. Financial terms were not disclosed. “We are delighted to have received the green light for the acquisition last week and with the closing of the acquisition today we look forward to welcoming the

Maersk Anticipates Slower Growth Following Red Sea Crisis Surge

Maersk Anticipates Slower Growth Following Red Sea Crisis Surge

Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by Red Sea attacks and other disruptions, it said on Wednesday.The Danish company, viewed as a barometer of world trade, said global container demand increased about 7% year-on-year in the first half of the year