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Dry Cargo
Final remnants of the Wakashio removed
Some 18 months after it ran aground on a reef off the coast of Mauritius, the remnants of the newcastlemax…
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Ports and Logistics
Panama latest location to offer biofuels
Biofuel availability around the globe is spreading. Green Fuels Ventures (GFV) and Telfer Tanks have signed an MOU concerning deployment…
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Ports and Logistics
Marseille to develop $851m hydrogen production facility
The port of Marseille has teamed up with H2V Fos to develop a renewable hydrogen production project with a capacity…
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Tankers
Hafnia swoops for Scorpio’s LR1 fleet
BW Group-controlled Hafnia has confirmed today in a release to the Oslo Bors that it is in advanced negotiations with…
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Containers
New teu waiting days indicator highlights the severity of global container congestion
Logistics giant Kuehne+Nagel has developed a new key performance indicator (KPI) which underscores today’s super-stressed container shipping situation. Kuehne+Nagel’s digital…
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Tankers
VLCCs skirt with all-time lows
The miserable start of the year for many big ship types such as capes and VLCCs could set records today.…
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Tech
Help me, Obi-Wan Kenobi: Shipmanagement gets the hologram treatment
Business travel is not expected to return to pre-pandemic levels for many years. One maritime company determined to stay in…
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Containers
MSC dismisses ‘baseless’ lawsuit filed in the US
Mediterranean Shipping Co (MSC), the world’s largest containerline, has hit out at the “baseless complaint” made by an American decor…
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Containers
Safety warning as old containers are pressed back into service
TT Club, an insurance company, has warned on the risks of more and more old containers being pressed back into…
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Containers
CMA CGM revamps online spot pricing system
CMA CGM, the world’s third largest liner, has revamped its online spot pricing system. The digital overhaul of CMA CGM’s…
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Containers
Lines hit with collusion charges in South Korea
In a landmark ruling that will be watched carefully by other jurisdictions around the world, South Korean authorities today slapped…
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Gas
NYK and Knutsen create CO2 carrier joint venture
Nippon Yusen Kaisha of Japan and Norway’s Knutsen Group of Norway have established a joint venture company for the commercial…
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Environment
New report puts a dollar figure on carbon price needed to decarbonise shipping
Closing the Gap is the title of a new report launched this week by the Getting to Zero Coalition, outlining…
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Environment
ICS partners with the International Renewable Energy Agency
The International Chamber of Shipping (ICS) and the International Renewable Energy Agency (IRENA) have signed a partnership agreement to advance…
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Finance and Insurance
Alantra establishes ship finance team
Alantra, an alternative asset management, investment banking, and credit portfolio advisory firm, has recruited a maritime and offshore investment banking…
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Gas
NYK seals French LNG charter with EDF
France LNG Shipping, an Nippon Yusen Kaisha (NYK) affiliated company, has signed a long-term charter contract for a new liquefied…
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Greater China
Omicron cases detected in Shenzhen and Beijing
In China, the number of Covid-19 cases across the county reached the highest since March 2020 on Monday, as the…
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Tankers
2023 set for lowest tanker deliveries this century
Hard pressed tanker owners, going through one of the worst earnings periods this century, can take some solace when looking…
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Containers
MPC secures prized 2023 box delivery slots
Hamburg-based MPC Capital has found a rare yard in South Korea able to offer boxship slots in just over a…
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Containers
Yang Ming board approves fleet expansion plans
Yang Ming, the world’s ninth largest container shipping company, is spending some of the bumper profits it made last year.…
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