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Tankers
Fredriksen and the Saverys’ continue to build their shareholdings in Euronav
It’s two weeks today until a pivotal annual general meeting that will decide the future of Europe’s largest tanker company,…
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Asia
Safesea turns its attention to Ceylon Shipping Corporation
While watching its bid to privatise Shipping Corporation of India (SCI) go through countless layers of red tape in New…
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Containers
MSC outmuscles Maersk on the Asia-Europe tradelane
Mediterranean Shipping Co (MSC) has overtaken 2M partner Maersk as the largest carrier on the Asia-Europe tradelane in terms of…
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Tankers
Europe moves a step closer to banning all Russian oil imports
The European Union moved a step closer today to banning all Russian oil imports, something that will have enormous repercussions…
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Shipyards
Ship repair queues grow thanks to Chinese lockdowns
While the force majeures announced at multiple shipbuilding yards in the wake of China’s series of lockdowns have been widely…
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Shipyards
Hyundai Heavy showcases safe vanadium-ion battery to power next-generation ships
Hyundai Heavy Industries (HHI) is promoting the use of a next-generation marine battery without the risk of explosion or fire…
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Regulatory
Japan puts a dollar figure in new carbon tax proposal
Running in the same week as Posidonia next month, the next gathering of the Marine Environment Protection Committee (MEPC) at…
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Gas
European design for a 37,500 cu m liquefied hydrogen carrier unveiled
With yards in Asia jostling to bring out larger hydrogen carrier designs to make the nascent seaborne trade more mainstream,…
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Ports and Logistics
British Virgin Islands’ port boss charged in cocaine smuggling sting
The British Virgin Islands (BVI) is in turmoil following the arrest last week in Miami of the premier of the…
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Europe
ECSA appoints Sotiris Raptis as secretary-general
After a seven-month hunt for a new head, Sotiris Raptis has been appointed to lead the European Community Shipowners’ Associations…
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Greater China
China’s April PMI stats foreshadow challenges ahead
As Beijing talks up stimulus packages, official data published over the weekend shows just how sharply the rolling municipal lockdowns…
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Tankers
Tanker owners face battle to rejuvenate fleets
Tanker owners anxious to rejuvenate their fleets will have to be patient and fork out very considerable sums, new data…
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Gas
Booming LNG demand will require plenty more newbuilds to be contracted
LNG has the highest orderbook-to-fleet ratio of any shipping segment, and yet there’s plenty of analysts suggesting there’s room for…
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Greater China
Qinhuangdao port enters lockdown as Beijing readies stimulus package
The northern port of Qinhuangdao in Hebei province is the latest Chinese commodities hub to get hit by virus-related lockdowns…
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Tankers
Russia-China dirty tanker trade soars 94% after Ukraine invasion
New data from BIMCO gives a clear indication of one of the main shipping themes since the start of Russian…
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Tankers
Scorpio Tankers reveals sales of 18 vessels
New York-listed Scorpio Tankers has revealed a considerable recent fleet clear-out while delivering its Q1 results. The firm, run by…
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Gas
NYK orders six LNG carriers at Hudong-Zhonghua for CNOOC charter
Japan’s Nippon Yusen Kaisha (NYK) has gone to Shanghai for its latest expansion of its LNG fleet, inking orders for…
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Containers
SITC orders 10 boxships at Huanghai
Fast-growing Chinese containerline SITC has inked orders for ten 1,800 teu vessels at Huanghai Shipbuilding in Weihai in northeast China.…
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Ports and Logistics
Antwerp and Zeebrugge start work together as a unified port
The ports of Antwerp and Zeebrugge have officially started work as a unified entity this week. The new Port of…
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Shipyards
Asian shipyards contend with spiralling steel plate costs
Enjoying a longer orderbook than they’ve had for more than a decade, Asia’s shipyards are having to contend with soaring…
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