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Environment
IPCC report takes veiled swipe at IMO
The United Nations’s Intergovernmental Panel on Climate Change (IPCC) released yesterday its Working Group III report on the mitigation of…
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Operations
BSM and Amon Maritime form Ula Ship Management
Bernhard Schulte Shipmanagement (BSM) and the Norwegian ammonia specialist Amon Maritime have announced the creation of a 50/50 joint venture…
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Tech
ONE works with Google Cloud to develop artificial intelligence solutions
Japanese containerline Ocean Network Express (ONE) is working with Google Cloud and Deloitte to install artificial intelligence (AI) across the…
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Americas
Shipping pitches for the Oakland Athletics to walk
A host of shipping groups have come together as a team determined to oppose a giant stadium planned along the…
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Greater China
Three-day mass testing gets underway for Shanghai’s 26m residents
Three-day mass testing across Shanghai’s 26m residents kicked off today with the military drafted in to help in the huge…
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Shipyards
Newbuild prices see sharpest increase for almost two decades
According to Clarksons newbuild prices are experiencing the sharpest increase for almost two decades thanks largely to the extremely high…
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Bunkering
Singapore investigates contaminated HSFO cases
Singaporean authorities have launched an investigation into contaminated high sulphur fuel oil (HSFO) sold by two bunker suppliers after 34…
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Environment
Singapore to sign up to international green corridor pact
Singapore, one of the world’s most important transhipment hubs, will sign up to the Clydebank Declaration, a shipping green corridor…
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Operations
Bulk carrier boarded in Gulf of Guinea
After months of comparative calm, a ship has been boarded in the Gulf of Guinea. The Marshall Islands-flagged ultramax bulk…
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Environment
World Bank outlines how shipping’s carbon revenues could be spent
The World Bank has issued a detailed report looking at carbon pricing in shipping, exploring how carbon revenues could strategically…
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Ports and Logistics
PSA bolsters its position in Halifax
Singapore’s PSA International has bought the Ceres Halifax facility from Japan’s Nippon Yusen Kaisha (NYK) bolstering its position at the…
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Greater China
Shanghai extends lockdown timeframe
Authorities at China’s commercial hub were forced into a humiliating U-turn yesterday in their battle with Covid-19. Having placed the…
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Ports and Logistics
MSC moves ahead with $6.3bn Bolloré Africa Logistics acquisition
Mediterranean Shipping Co (MSC) has finalised its acquisition of a big name in African transport, confirming yesterday that it has…
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Containers
Long-term box freight rates up almost 100% year-on-year: Xeneta
Long-term contracted ocean freight rates climbed by 7% in March, pushing shipping prices up 96.7% year-on-year, even though spot rates…
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Regulatory
Liner pricing investigations multiply across the globe
Liner pricing investigations are spreading around the world as carriers report record, multi-billion dollar profits while schedule reliability remains at…
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Shipyards
Shipyard CEO appointment attracts sharp criticism from South Korea’s incoming new president
The decision earlier this week to promote Park Doo-seon from vice president to CEO at Daewoo Shipbuilding & Marine Engineering…
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Asia
Keppel offloads logistics arm, provides Sembcorp yard merger update
Singapore conglomerate Keppel Corporation has sold its logistics arm to France’s GEODIS for $80m, while also making progress on a…
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Shipyards
Case made for imminent shipbuilding supercycle
Analysts at brokers BRS have posited that shipbuilding is closing in on the supercycle territory it last enjoyed in the…
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Operations
UK promotes global debate on minimum wage for seafarers
The UK government has moved to initiate a global discussion on seafarer minimum pay in the wake of the sacking…
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Operations
Seafarer abandonment cases on the rise
Seafarer abandonment cases are on the rise once again with the legal committee at the International Maritime Organization (IMO) determined…
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