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Asia
Indonesia to lift palm oil export ban
Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said yesterday. The ban in place…
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Shipyards
Yards brace for Sovcomflot order cancellations
As well as selling a chunk of its existing fleet, Russia’s Sovcomflot is starting to jettison some of its orderbook…
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Dry Cargo
Enviva signs up for multi-sail bulk carrier project with MOL
New York-listed wood chip producer Enviva has signed up for a sail-assisted bulk carrier to be ordered by Mitsui OSK Lines…
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Europe
Wallenius takes a chance on ABBA
Super Trouper, Fernando, Dancing Queen – some of the potential names for future Wallenius ships following a unique tie-up with…
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Environment
More than 50% of the global ship finance portfolio now covered by the Poseidon Principles
Officially launched in June 2019, signatories to the Poseidon Principles – shipping’s green banking initiative – now cover more than…
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Finance and Insurance
Early voting overwhelmingly in favour of merger between North and Standard P&I clubs
Early voting among members for the proposed merger between the North and Standard P&I clubs is overwhelmingly in favour of…
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Environment
New York firm showcases project to convert ocean plastic waste into hydrogen fuel
New York-based H2-Industries and German naval architects TECHNOLOG Services have joined forces to develop 3D designs for a concept ship…
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Ports and Logistics
CMA CGM and Air France-KLM join forces
The rapid transformation of French transport group CMA CGM has taken another major step today with news the Rodolphe Saadé-led…
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Ports and Logistics
Alternate, non-Russian rail-sea offerings from China to Europe emerge
Intercontinental rail cargo between Asia and Europe has suffered an enormous shock in the near three months since Russia invaded…
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Tankers
Russia takes care of tanker charters to China
Russian oil companies and traders have chartered more than half the vessels chartered to load crude from Russia’s Far East…
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Operations
Inaugural International Day for Women in Maritime gets underway
Today marks the International Maritime Organization’s inaugural International Day for Women in Maritime. Focusing on the theme of training, visibility,…
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Containers
Allseas adds Bangladesh to its liner coverage
UK-based shipping agent DKT Allseas turned liner operator is now giving Bangladeshi exporters their first direct sailing to North Europe.…
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Bunkering
GoodFuels and Itochu partner in Asia
European biofuel producer GoodFuels has teamed with Japanese trading house Itochu to scale sustainable marine biofuel in Singapore, Japan, and…
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Greater China
Latest China economic data spooks shipping
China’s National Bureau of Statistics (NBS) revealed alarming statistics for April yesterday, with analysts warning similar troubling figures can be…
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Regulatory
MLC updates bring internet access for all
Seafarers’ groups have won the right to mandatory social connectivity for crews – including internet access – in updates to…
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Environment
New report highlights scale of shipping’s renewable challenge
The scale of shipping’s green transition has been put into sharp relief with new data from Germany’s University of Applied…
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Environment
Eastern Pacific to install carbon capture device on two tankers
Eastern Pacific Shipping (EPS) has signed a definitive agreement with Rotterdam-based Value Maritime to install carbon capture and filtering systems…
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Environment
Louis Dreyfus Armateurs signs up for sail technology
France’s Louis Dreyfus Armateurs (LDA) has decided to equip one of its vessels with three suction sails created by Spain’s…
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Dry Cargo
India’s wheat ban seen extending dry bulk tonne-mile picture
India’s decision over the weekend to ban wheat exports is expected to see a greater swathe of the dry bulk…
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Operations
Car carrier rates accelerate to record levels
Car carriers are, like their peers in containers and LNG, enjoying record rates this year, having accelerated very fast from…
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