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Dry Cargo
HGK Shipping strengthens dry bulk position
Germany’s HGK Shipping, one of Europe’s top inland shipping names, has bought out a shareholder to take full control of…
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Operations
Corroded lashings to blame for 2020 APL box spill off Sydney
A final report into the loss of containers from a ship off Sydney in 2020 has noted the importance of…
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Finance and Insurance
New marine underwriting agency launches
Kevin Wolfe, a 40+ year veteran of the marine insurance market and US private equity firm Beat Capital Partners, have…
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Containers
HMM readies methanol-fuelled newbuilds
2022 is rapidly shaping up as the year methanol went global in the shipping industry. South Korea’s flagship carrier HMM…
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Environment
ITF calls for carbon pricing
The International Transport Forum (ITF), part of Paris-based OECD, has called for the swift implementation of carbon pricing for shipping…
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Finance and Insurance
Poseidon Principles signatories show they have a long way to go to meet IMO targets
More than two dozen international banks have reported emissions data of their ship finance portfolios in the third Poseidon Principles…
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Americas
Cal Maritime rocked by series of sexual misconduct cases
Widespread sexual misconduct cases have been reported at California State University’s Maritime Academy, the latest in a series of similar…
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Operations
President Marcos vows seafarer reforms
Global leaders from organisations representing seafarers, shipowners and other maritime employers, met with Philippine president Ferdinand Marcos Jr, earlier this…
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Ports and Logistics
CMA CGM and Shanghai port develop cold ironing infrastructure
French liner CMA CGM and Shanghai International Port Group (SIPG) have signed today a long-term strategic collaboration to develop the…
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Asia
Molten salt nuclear power barge pitched to Indonesia
American nuclear power technology developer ThorCon is pushing ahead with the development of a 500 MW molten salt nuclear power…
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Tankers
Saverys calls on Euronav board to terminate combination agreement with Frontline
The Saverys family have come out arguing today that a proposed combination between tanker giants Frontline and Euronav would be…
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Containers
‘Massive wave’ of containership scrapping forecast
With the first significant amount of boxships being put up for recycling as the container market sinks to pre-covid levels,…
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Regulatory
IMO seeks successor to Kitack Lim
The International Maritime Organization (IMO) has set in motion the process to elect a successor to Kitack Lim as secretary-general.…
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Tankers
Turkey fixes tanker insurance standoff
Turkey claims to have resolved its tanker insurance impasse, which had seen a slew of ships tied up in its…
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Middle East
Bahri forms JV with local clothes producer
Saudi clothes giant Ajlan & Bros Holding has entered the shipowning business in a joint venture tie-up with the nation’s…
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Ports and Logistics
AD Ports to develop giant $6bn port in Sudan
Sudan signed on Tuesday an initial $6bn deal led by United Arab Emirates’ AD Ports Group and Invictus Investment to…
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Splash Extra
My new year’s resolutions for shipping
It’s that time of the year where we mull new year’s resolutions. If I were to be so bold to…
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Tankers
Euronav merger hits the buffers with the Saverys family attaining a 25% stake
The year’s great tanker merger saga has taken a new turn. The Saverys family have purchased another 2.04m shares in…
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Operations
Mark O’Neil reelected president of InterManager
Mark O’Neil, CEO of Columbia Shipmanagement, has been given another term as president of InterManager, the association for shipmanagers. O’Neil…
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Europe
Braemar launches Greek finance desk
British broking house Braemar has launched a corporate finance desk in Athens led by Stefanos Fragos who has joined from…
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