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Dry Cargo
Capes top $30,000 a day as BDI climbs to highest level this year
Capesize rates have topped $30,000 per day, nearly doubling in May with many looking at the coming summer months in…
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Tankers
Fredriksen takes aim at poison pill tactics adopted by International Seaways
John Fredriksen has blasted the so-called poison pill tactics deployed by senior management at International Seaways. Fredriksen, who has recently…
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Environment
CMB unveils latest hydrogen-powered engine
At the World Hydrogen Summit in Rotterdam this week, BeH2ydro, a Belgian joint venture between Company Maritme Belge (CMB) and…
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Ports and Logistics
Eurogate and Hapag-Lloyd join forces for new Egyptian terminal
German terminal operator Eurogate Group, its affiliate Contship Italia, and German containerline Hapag-Lloyd will develop a new container terminal in…
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Europe
Greece leads resistance to ban on European tankers transporting Russian oil
Strong lobbying from shipowning interests has seen the European Union pull back from some of its proposed sanctions on Russia,…
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Europe
Rodolphe Saadé gets the nod to take over Marseille’s top newspaper
Rodolphe Saadé’s CMA CGM has had its €81m ($92m) bid for a controlling 89% stake in Marseille’s top newspaper, La…
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Dry Cargo
Nigeria’s BUA Foods becomes a shipowner
BUA Foods, one of Africa’s leading fast-moving consumer goods companies, has taken delivery of the first of two bulk carriers…
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Containers
Del Monte promotes shipping capabilities to a wider audience
Fruit and vegetable producer Fresh Del Monte’s ocean logistics company, Network Shipping (NWS), has announced a rebrand to squeeze some…
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Operations
Coalition completes repatriation of 600 i-Kiribati seafarers trapped for nearly two years due to the pandemic
Over 600 I-Kiribati seafarers have safely returned home, some after being stranded overseas for nearly two years. The repatriation of…
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Ports and Logistics
Port integrity platform launches
The Maritime Anti-Corruption Network (MACN) has launched the Global Port Integrity Platform (GPIP), using the network’s current incident data comprising…
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Asia
Reefer refrigerant gas recycled successfully in Singapore
Singapore terminal operator PSA Corporation and Japanese containerline Ocean Network Express (ONE) have released details of a successful collaboration to…
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Containers
Container orderbook breaks more records
The giant containership orderbook – equivalent to the extant fleets of Cosco, Hapag-Lloyd, Evergreen and Ocean Network Express (ONE) combined…
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Bunkering
Shipping’s green transition in full force: 63% of orders this year have been for alternative fuel capable units
Shipping is transitioning to new fuel configurations in record numbers, even if the actual economics of using them do not…
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Asia
K Line shifts tanker management to Singapore
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has decided to relocate its tanker management operations from Tokyo to Singapore.…
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Asia
New bids will be sought in September to take Shipping Corp of India private
The lengthy process to privatise Shipping Corporation of India (SCI) is set to take many more months. As part of…
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Asia
MOL orders four more LNG-powered car carriers
Japan’s Mitsui OSK Lines (MOL) has revealed it has ordered four more LNG-powered car carriers at two local yards. Nihon…
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Operations
Anti-piracy barriers now available for rent
A new Scottish maritime start-up, Palaemon Maritime, has launched an anti-piracy vessel protection service. The company’s first product allows shipping…
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Ports and Logistics
Cambodia gets work underway on major new port project
Construction is underway at what will become Cambodia’s third main port. A total of $1.5bn has been earmarked for a…
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Greater China
No lockdown let up in China as damaging economic data rolls in
Shanghai officials have claimed, once again, that they are overcoming the worst of the covid crisis, six weeks after the…
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Bunkering
Singapore lays the blame for this year’s big fuel contamination scandal with suppliers from the UAE
The Maritime and Port Authority of Singapore (MPA) has laid the blame for a big fuel contamination outbreak on suppliers…
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