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Europe
Greek shipyard renaissance on show at Posidonia
With less than two months to go until the latest edition of the world’s most famous shipping show, Posidonia organisers…
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Operations
CY Shipping and BigLift Shipping order two ships in China
Partners CY Shipping and BigLift Shipping have increased their fleet of heavylift vessels to six vessels, by adding two ships…
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Piracy
New maritime security firms emerge on the back of ‘worrying’ return of Somali pirates
Similar to 15 years ago during the last Somalia piracy cycle, new maritime security companies are emerging. A total of…
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Americas
Baltimore bridge investigation targets ship’s electrical failure
Investigators in Baltimore are focusing on the Dali’s electrical power system and its circuit breakers and have called in the…
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Containers
Maersk unveils novel way ships can deliver fresh water to parched ports
Three Maersk employees, all former seafarers, have come up with a system to deliver fresh water from vessels to ports. …
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Containers
Transpacific container contracts ‘substantially below’ initial asking rates
The first batch of transpacific contracts are concluding for the May 2024-April 2025 period with analysts at Jefferies reporting Asia-US…
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Americas
Panama Canal Authority warns restrictions will remain in place throughout 2024
The Panama Canal Authority (ACP) has claimed that the tide has turned in its ongoing battle to get back to…
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Europe
Levels of depression and anxiety increase among Ukrainian seafarers
Seafarer charity Stella Maris is warning that Ukrainian seafarers are experiencing increased levels of loneliness and depression amid fears of…
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Tankers
Hafnia shares start trading in New York
Shares in Hafnia, the world’s largest product tanker company, commenced trading on the New York Stock Exchange (NYSE) yesterday, to…
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Greater China
Ex-head of Guangzhou port under investigation
Li Yibo, the former chairman of Guangzhou port, has been placed in custody by anti-graft authorities, with Chinese finanacial newswire…
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Tankers
‘Compelling’ tanker orderbook augurs well for rates through to 2026
The “compelling” tanker orderbook augurs well for freight rates for the coming couple of years, according to multiple researchers. The…
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Tankers
Russia forced to import fuel with up to 20% of its refining capacity knocked out
A new report from Oslo-based Arctic Securities estimates today that around 20% of Russia’s refining capacity has been knocked offline…
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Containers
ZIM climbs the liner rankings
There’s been a shuffling of the global liner rankings with Israeli carrier ZIM leaping above Taiwan’s Yang Ming. Consultancy Linerlytica…
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Ports and Logistics
Thai PM calls for Bangkok Port to be relocated
Bangkok Port is to be relocated. Srettha Thavisin, Thailand’s prime minister, has vowed to regenerate the area along the Chao…
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Tankers
Sanctions and drones take their toll on Russian oil exporting machine
Further signs are emerging of how sanctions combined with Ukrainian drones are causing serious problems for the Russian oil exporting…
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Containers
Containers offloaded from stricken boxship in Baltimore
Salvage crews on Sunday began removing containers from the deck of the containership that crashed into and collapsed the Francis…
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Middle East
Houthis claim to have attacked ship in the Indian Ocean
The Houthis claimed over the weekend to have widened their area of operations, saying in a televised address they had…
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Containers
X-Press Feeders readies for methanol-powered future in the Baltic
Feeder giant X-Press Feeders has signed a memorandum of understanding (MOU) with six European ports to speed up the provision…
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Ports and Logistics
APM Terminals lodges case to block ICTSI’s Durban port contract
APM Terminals has lodged a case at the Durban High Court in an attempt to block an Asian port operator…
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Containers
Arkas signs for four boxship newbuilds in China
Turkey’s largest boxship operator, Arkas, has signed a contract in China for four ships that will take its fleet past…
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