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Tech
Wärtsilä’s new S.P.E.C.S camera system provides 360-degree ship view
Ship operations could become a whole lot easier with the launch this week of Wärtsilä’s Smart Panoramic Edge Camera System…
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Tech
Maritime’s investments in AI tipped to leap
In conjunction with launching a digital maritime readiness assessment tool yesterday, British class society Lloyd’s Register published a new maritime…
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Operations
BIMCO launches ship sale and purchase agreement
Global shipowning body BIMCO has produced its own ship sale and purchase agreement – SHIPSALE 22 – with the aim…
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Tankers
Tanker turnaround propels ClarkSea Index to new highs, now double the 10-year average
Shipping’s bountiful start to 2022 is reaping big profits across the main sectors for the first time in years. The…
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Europe
Gram Car Carriers investors launch new company with orders for up to eight new PCTCs
Investors in Gram Car Carriers (GCC) have formed a new company and ordered a series of ships in China. Global…
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Containers
MSC orders 20 boxships in Asia
In its latest weekly report, Clarkson Research Services carries news of a bumper set of orders in Asia by Mediterranean…
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Asia
Indonesia bans palm oil exports
Indonesia will ban all exports of palm oil and its raw materials from Thursday, president Joko Widodo announced Friday. Indonesia,…
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Finance and Insurance
Sanctions-hit Amsterdam Trade Bank declared bankrupt
Amsterdam Trade Bank (ATB), a subsidiary of Russia’s Alfa Bank, has been declared bankrupt, the Dutch central bank (DNB) said…
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Containers
Peter Grönwoldt tapped to help run Lidl’s new shipping line
Tailwind Shipping Lines, the new containerline created by the parent of German supermarket giant Lidl, continues to take shape. Peter…
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Americas
Biden bans Russian ships from calling at America ports
Eight weeks into the invasion of Ukraine President Joe Biden has finally decided to join Canada, the UK and the…
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Europe
Freight king to press baron? Rodolphe Saadé closes in on newspaper acquisition
Rodolphe Saadé will find out on May 9 whether or not he has become a press baron to add to…
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Ports and Logistics
Portuguese citizen arrested in ongoing investigation into the Beirut port explosion
Jorge Moreira, a 43-year-old Portuguese man, was arrested by Spanish authorities on Thursday in connection with the enormous explosion that…
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Europe
Russian commodities still flowing west in vast quantities
The difficulties of enforcing sanctions against Russia are becoming increasingly evident with a host of foreign shipowners still making a…
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Environment
EU, US, UK among growing host of nations demanding IMO revises targets to ensure shipping is GHG-free by 2050
Submissions are flying in ahead of the June meet-up of the Marine Environment Protection Committee (MEPC) at the London headquarters…
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Operations
UK firm develops nuclear-powered desalination ship concept
Core Power, the UK firm developing atomic propulsion solutions, has unveiled a new business line for shipping, floating desalination plants.…
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Environment
Charterers ought to pay for carbon credits: BIMCO
Global shipowning body BIMCO has come out with an updated greenhouse gas (GHG) position statement, amid much jostling for who…
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Tankers
Larsen’s VLCC vehicle ADS makes return
Dormant for the last 18 months, Terje Bodin Larsen-led ADS Maritime Holding has made a re-entry into the VLCC trades.…
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Containers
Maersk takes top spot on the transpacific
Maersk has overtaken CMA CGM and COSCO as the largest tonnage operator on the transpacific, according to data carried in…
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Greater China
China submits its own shipping GHG plans to the IMO
A new market-based measure to cut shipping emissions has been put forward to the International Maritime Organization (IMO) by a…
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Shipyards
South Korea seeks overseas workers to churn out giant orderbook
Like Japan before it, South Korea’s shipbuilding sector is having to get Seoul to ease immigration rules to fill in…
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