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Tankers
Concordia Maritime ditches container conversion project
Swedish tanker player Concordia Maritime has decided to put its pioneering boxship conversion project on hold. Earlier this year during…
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Finance and Insurance
Cleaves Shipping Fund divests from firms handling Russian cargoes
Joakim Hannisdahl-led Cleaves Shipping Fund has divested from shipping companies that continue to handle Russian cargoes, with the likes of…
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Bunkering
Cambridge scientists develop artificial leaves to fuel ships
Researchers from Cambridge University have developed floating artificial leaves that generate clean fuels from sunlight and water, and are hopeful…
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Operations
ABS launches nuclear propulsion study
The US Department of Energy (DOE) has awarded class society ABS a contract to research barriers to the adoption of…
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Ports and Logistics
Yilport hires Boris Wenzel as part of bid to become a top 10 global container terminal operator
Port operator Yilport Holding has found a well known veteran of the sector to work with its founder as co-CEO.…
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Containers
Capacity size gap between the largest carriers and the rest of the field now bigger than ever
The capacity size gap between the largest carriers and the rest of the field is now bigger than ever, according…
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Containers
Reefer container freight rates to outpace dry box pricing: Drewry
Reefer container freight rates across global trades rose over 50% in the year to Q2, matching gains made in dry…
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Tankers
All eyes on VLCC rates
A sure sign of a spiking tanker market can be evidenced from the number of eyeballs on the VLCC fixtures…
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Operations
Maersk invests in fleet-wide firefighting tech
Chastened by statistics from insurers that suggest a major fire takes place on a boxship every 60 days, Danish carrier…
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Ports and Logistics
Hutchison adds to its Egyptian portfolio
Hutchison Ports is bolstering its position in Egypt with two new concessions to operate container terminals in Ain Sokhna Port…
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Containers
Liners defend existing tax systems as pressure builds
John Butler, the president and CEO of Washington DC-based liner lobbying group, the World Shipping Council, has come out with…
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Tankers
More crude tankers being taken on long-term charter
More and more crude tankers are being tied up on healthy three-year charters, a further sign of a strengthening market.…
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Containers
CARRIER53’ unpacks its goals
Hamburg’s newest shipping line has broken cover to detail its goals. Splash reported last week on the creation of CARRIER53’,…
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Tankers
Furetank and Algoma launch product tanker JV
Furetank and Algoma are entering into a joint venture agreement to construct four dual-fuel product tankers to trade in northern…
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Bunkering
Singapore project to develop ammonia bunkering vessel
Southeast Asian shipbuilder PaxOcean Engineering has signed a memorandum of understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine…
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Americas
Labour racketeering scheme smashed in Puerto Rico
A federal grand jury in Puerto Rico has returned an indictment charging seven defendants with running a criminal enterprise dedicated…
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Containers
Tax contributions from liner billionaires questioned
The issue of liner shipping and taxation is once again in the news during a record Q2 earnings season for…
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Greater China
Beijing rate cut adds to concerns about the health of shipping’s most important economy
Economic signals from China, the world’s most important shipping nation, continue to alarm shipowners.The surprise financial news out of Beijing…
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Dry Cargo
Ukrainian grain headed for Africa
A United Nations-chartered ship loaded with 23,000 tonnes of Ukrainian grain set sail yesterday from a Ukrainian Black Sea port,…
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Containers
Maersk signs long-term transport deal with Singaporean furniture retailer
Singaporean furniture retailer Castlery and Danish carrier Maersk today announced a multi-year global integrated logistics and fulfilment partnership. The partnership…
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