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Bunkering
New tech to develop green methanol unveiled
WasteFuel, a developer of bio-refineries focused on converting municipal solid waste into low carbon fuels, has come up with a…
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Dry Cargo
EuroDry lets go of vintage panamax
Aristides Pittas-led EuroDry has offloaded an elderly panamax, getting $9.7m for the 2000-built . The vessel is expected to be…
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Ports and Logistics
Gulftainer hit with $21.5m fine in the US
Gulftainer, a port management company from the United Arab Emirates, has been told by a court in the US it…
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Shipyards
Typhoon damages ships under construction in China
Typhoon Muifa, the greatest storm to hit the Yangtze River Delta on record, has resulted in damage to vessels under…
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Environment
UN ready to offload oil from decaying FSO off Yemen
The United Nations has said it has raised enough money for the first phase operation to remove 1m barrels of…
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Ports and Logistics
DP World wins latest judgement over Djibouti concession
DP World has won the latest in a string of court rulings, as it defends its rights as shareholder and…
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Containers
‘Hard landing’ forecast for container freight rates
Container shipping has been warned to brace for a hard landing rates-wise as multiple indices around the world plunge further.…
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Ports and Logistics
Liverpool strike to start this evening
The two-week strike at the port of Liverpool on the west coast of Britain will start this evening after unions…
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Operations
Suez Canal Authority to raise tolls again
Having already raised fees three times in quick succession this year, the Suez Canal Authority (SCA) has warned shipowners of…
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Operations
Ship capsizes at Turkish port
A small general cargo ship, , lost stability while unloading containers at the Turkish port of Iskenderun over the weekend.…
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Operations
Stricken bulk carrier off Gibraltar braces for bad weather
The entire hull of the stricken bulk carrier is now resting on the sea bed off the coast of Gibraltar…
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Operations
TECO 2030 displays concept power barge
Norway’s TECO 2030 has launched a new product concept for its containerised fuel cells, the TECO 2030 Power Barge, which…
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Containers
COSCO details $4.9bn boxship fleet expansion plans
COSCO Shipping, the world’s fourth largest carrier, is to massively add to the global containership orderbook, detailing a $4.9bn outlay…
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Gas
Evangelos Marinakis eyes the CO2 trades
Evangelos Marinakis has shown his hand in the much hyped nascent liquefied carbon dioxide (CO₂) trades. Marinakis’s Capital Gas Ship…
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Europe
Dutch debut clean, automated ship recycling solution
Circular Maritime Technologies International (CMT) from the Netherlands has debuted a brand new way of breaking up ships, where humans…
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Finance and Insurance
Development Bank of Japan and ClassNK develop green ship finance framework
Japanese institutions are laying down new frameworks for green ship financing. Development Bank of Japan (DBJ) and ClassNK have established…
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Ports and Logistics
Adani Ports enters Bengal
India’s largest port operator, Adani Ports and Special Economic Zone is entering Bengal, having signed a concession agreement with Syama…
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Ports and Logistics
Long Beach dockworkers charged with health care fraud
Seven Port of Long Beach dockworkers are among nine people charged this week for an alleged health care fraud, which…
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Finance and Insurance
Prudent Shipping Investments seals Japanese financing for supramax pair
Singapore-based Prudent Shipping Investments has closed financing for two modern Japanese-built supramax bulk carriers valued at $45m. The senior debt…
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Ports and Logistics
Hapag-Lloyd takes 49% stake in Italy’s Spinelli Group
Cash-rich German global carrier Hapag-Lloyd is buying a 49% stake in Italian logistics group Spinelli Group. The Spinelli family will…
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