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Containers
Sinotrans books further Yangzijiang boxship pair
Yangzijiang Shipbuilding has won two new orders for 2,400 teu container vessels from Sinotrans, adding to a pair of sister…
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Operations
Captain and first officer of the Wakashio sentenced
The captain and first officer of the Wakashio bulk carrier which smashed into a coral reef off Mauritius, unleashing the…
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Shipyards
Kawasaki’s landmark hydrogen carrier heads to Australia
The world’s first liquefied hydrogen carrier left Japan on Friday to pick up its first cargo in Australia in a…
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Greater China
Ship takes out berth in Taiwan
Machinery failure is thought to have been the reason behind a sizeable containership prang at the port of Taichung yesterday.…
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Asia
Sumitomo leads the ammonia-fuelled charge
Japan’s Sumitomo Corporation is spearheading ammonia-fuelled ship developments both at home and overseas. The giant trading house has launched a…
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Containers
TS Lines adds to its 7,000 teu series
TS Lines of Taiwan has placed an order for a further pair of 7,000 teu containerships at Shanghai Waigaoqiao, according…
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Shipyards
Korea’s oldest shipyard rebrands
Hanjin Heavy Industries & Construction has rebranded as is now known as HJ Shipbuilding & Construction (HJSC). The company is…
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Ports and Logistics
Rotterdam becomes first European port to handle 15m teu in a year
The European port industry passed a significant milestone this week with Rotterdam becoming the first place on the continent to…
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Ports and Logistics
Maersk to buy LF Logistics for $3.6bn
A.P. Moller – Maersk has secured one of its target to spend some of the billions it has earned during…
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Offshore
2021 global oil and gas discoveries projected to sink to lowest level in 75 years
Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should…
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Americas
Log-In Logistica board approves MSC takeover bid
The board of directors of Brazilian regional container shipping operator Log-In Logistica has given its approval to the acquisition of…
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Operations
Wakashio captain and first officer plead guilty to endangering safe navigation
The captain and first officer of the Wakashio newcatlemax grounded on a coral reef off Mauritius last year in the…
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Ports and Logistics
MSC makes $6.4bn bid for Bolloré’s African logistics business
Mediterranean Shipping Co (MSC) has made a $6.4bn bid to buy out Bolloré Group’s African logistics business, a notable departure…
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Gas
CNOOC signs its first US LNG supply deal
Venture Global LNG and CNOOC Gas & Power Group, a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), have announced…
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Containers
Liners hammer home their advantage, seeking hugely inflated long-term contacts
Containerlines are on track to hammer home their advantage next year with long term contracts expected to be sealed with…
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Finance and Insurance
Spending on ships hitting highs not seen since the global financial crisis
The amount of money spent on ships – both newbuilds and secondhand – could be the largest recorded since the…
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Finance and Insurance
Dagfinn Lunde appointed chairman of Cleaves Securities
Well known ship financier Dagfinn Lunde has been appointed chairman of Oslo-based investment bank Cleaves Securities. Lunde, who has written…
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Greater China
Another Chinese leasing outfit makes shipping foray
Huaxia Financial Leasing has ordered a firm four 63,500 dwt ultramaxes at Chengxi Shipyard. The contract comes with options for…
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Containers
Container freight futures launch scheduled for February
Six daily Freightos Baltic Index (FBX) indices covering the transpacific and Asia-Europe trades will be used for the settlement of…
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Tech
Scrubber carbon capture conversion tests show signs of success
Scrubber manufacturer Langh Tech, which doubles up as a shipowner via sister firm Langh Ship, has started researching the possibility…
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