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Containers
CMA CGM dominating the container charter scene this year
While Mediterranean Shipping Co (MSC) continues to dominate the container sale and purchase scene, it is Marseille’s CMA CGM which…
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Containers
Liner profits smash all records
The earnings before interest and taxes (EBIT) liner shipping has made in the past three years are more than the…
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Regulatory
IMO green gathering points towards stricter regulations to come
The 14th Intersessional Working Group on Greenhouse Gases (ISWG GHG 14) met last week at the headquarters of the International…
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Operations
Tsakos and Columbia Shipmanagement part ways
Tsakos Columbia Shipmanagement, founded in 2010, has come to a close. Time has been called on the joint venture between…
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Asia
HMM orders three car carriers in Guangzhou
HMM, South Korea’s flagship carrier, is revisiting its past in a bid to diversify its fleet. The company has ordered…
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Tankers
Deadly explosion rips through forecastle of Indonesian product tanker
Two crew have died, and one is still missing following an explosion and fire in the Lombok Strait on an…
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Shipyards
Davie closes in on Helsinki Shipyard purchase
Davie, Canada’s largest shipbuilder, is in final negotiations to buy the Russian-owned Helsinki Shipyard, a facility hit by western sanctions.…
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Shipyards
Car carrier orderbook surges by 30% in opening three months of 2023
The car carrier orderbook is surging, up by 30% in the year-to-date, and now represents 25% of the fleet on…
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Environment
Decarbonisation tech centre opens in Genoa
CapLab, a centre for the development of new decarbonisation technologies, has been launched in Molo Giano, in the heart of…
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Operations
iPads to be won as InterManager launches #shippositive campaign to show the plus side of shipping
Shipping has long complained about negative perceptions and a general focus on all that is bad. Now shipmanagement association InterManager…
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Environment
Europe close to sealing ‘world’s most ambitious’ shipping decarbonisation deal
The European Parliament and Council have reached a deal on cleaner maritime fuels, asking to cut ship emissions by 2%…
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Europe
Greek owners increase market share of Russian oil exports
Greek ships remain the dominant force shipping Russian crude, increasing their market share significantly since the December 5 ban on…
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Operations
US coalition deploys drones to protect merchant shipping in the Middle East
Up to 100 drones are being deployed to patrol along 8,000 km of busy shipping lanes around the Arabian Peninsula,…
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Environment
Green corridor project launched between South Africa and Europe
A new consortium will explore the options for developing a maritime green corridor for the zero-emission shipping of iron ore…
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Tankers
Six companies team up to operate Japan’s first methanol-fuelled coastal tanker
Mitsui OSK Lines, MOL Coastal Shipping, Tabuchi Kaiun, Niihama Kaiun, Murakami Hide Shipbuilding, and Hanshin Diesel Works will a build…
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Finance and Insurance
American ammonia startup seals financing to power shipping ambitions
Amogy, an American startup focused on developing ammonia-powered ships, has raised $139m in funding in a round led by South…
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Operations
Yangtze Fortune abandonment saga comes to an end
The saga of the abandoned , a 2005-built livestock carrier, has come to a close with the ship auctioned, and…
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Operations
Shipping braces for reputation hammering as dark fleet accidents proliferate
Shipping is braced for a reputation hammering in the event of a major dark fleet “oil on feathers” incident. Authorities…
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Operations
Five shipping bodies join forces in bid to make transport of lithium-ion batteries safer
Five shipping bodies have joined forces to create common action on important safety issues, with the carriage of lithium-ion batteries…
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Environment
Landmark carbon capture project onboard a Stena Bulk tanker moves ahead
A consortium of global shipping organisations and the Oil and Gas Climate Initiative (OGCI) have received approval in principle from…
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