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Containers
Box spot rates climb to new highs
In a year that has felt like one long Christmas for liner operators, a bumper end of year bonus is…
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Tankers
Chinese crude imports fall
China’s crude imports are likely to fall this year year-on-year for the first time since 2013, according to new analysis…
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Containers
Container collapse accident off Alexandria
Stormy conditions last Wednesday off the Egyptian port of Alexandria saw a boxship lose three containers overboard and another slew…
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Operations
Four X-Press Pearl crew finally allowed home
X-Press Feeders, the owner of the burnt out wreck , have reported that a further four former crew members of…
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Operations
Gothenburg authorities continue work on fire-hit bulk carrier
The fire-hit Almirante Storni bulk carrier was brought into the port of Gothenburg over the weekend where firefighting operations to…
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Contributions
The (N)Ever Forgotten
Alison Cusack, a lawyer from Melbourne-based Cusack & Co, on how shipping ought to make the most of being thrust…
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Finance and Insurance
Syndicated marine finance loan volumes fall off a cliff
Shipping might have been enjoying its best year since the collapse of Lehman Brothers, yet loan volumes have fallen off…
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Dry Cargo
Surging coal demand powers dry bulk to highly profitable year
Analysts at Braemar ACM have run the rule over the year in dry bulk, where earnings hit highs not experienced…
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Dry Cargo
Tor Olav Trøim plans early Christmas with imminent Oslo listing
Norwegian tycoon Tor Olav Trøim will be hoping for an early Christmas present when his new dry bulk vehicle lists…
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Operations
Vaccination efforts step up across the globe
The Ministry of Health (MINSA) with the Panama Maritime Authority (AMP) have begun the process of vaccinating against Covid-19 all…
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Regulatory
IMO Council to be expanded to 52 member states
The executive organ of shipping’s governing body, the International Maritime Organization (IMO), is being expanded. The IMO Council will be…
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Gas
Eagle LNG to establish gas supply in Aruba
America’s Eagle LNG Partners has completed a long-term supply contract to establish a liquefied natural gas receiving and regasification terminal…
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Containers
Maersk unveils revolutionary new boxship design
Looking more like a livestock carrier than a boxship, Maersk yesterday unveiled its brand new design for its next generation…
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Regulatory
Washington votes in favour of the Ocean Shipping Reform Act
The House of Representatives in Washington DC on Wednesday passed a bipartisan bill designed to strengthen shipping supply chains. The…
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Environment
Trafigura details more strict green shipping targets
Swiss commodities trading giant Trafigura has upped its emissions targets, something that will have significant implications for its many shipping…
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Tech
Danelec Marine’s latest acquisition creates the world’s largest maritime data collection company
Danish data specialist Danelec Marine, best known for its voyage data recorders, is buying KYMA, a Norwegian firm focusing on…
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Europe
Nor-Shipping to go ahead despite new restrictions put in place by Oslo
New, temporary national restrictions in Norway have reintroduced one metre distancing guidelines and face masks, where necessary, and limited numbers…
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Finance and Insurance
Filhet-Allard Maritime acquires controlling stake in Latitude Brokers
Filhet-Allard Maritime, the France-based leading insurance broker for the commodities trading, shipping and industry markets, has acquired a controlling stake…
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Greater China
Another lockdown at Ningbo has exporters on edge
More than 300,000 people have been tested for coronavirus in a district in the port city of Ningbo, following an…
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Containers
Port congestion prompts carriers to drop a quarter of all North European calls from Asia – Europe deepsea loops
The 18 Asia – North Europe loops operated by the three mega alliances have skipped a total of 383 port…
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