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Ports and Logistics
Deutsche Post DHL acquires ocean freight forwarder Hillebrand
Deutsche Post DHL Group has signed an agreement to acquire J.F. Hillebrand Group for around €1.5bn ($1.76bn). Hillebrand is a…
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Containers
Latvian freight forwarder enters the liner trades with new service to Poland
Fields, a Latvian freight forwarder, has debuted its first liner service. The Riga-headquartered firm is marketing its FDL1 service which…
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Tech
MISC invests in three Singapore start-ups
MISC, Malaysia’s flagship shipping line, has revealed it has invested, along with Boston Consulting, in three Singapore-based start-ups. The three…
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Bunkering
Monjasa buys tanker from Neste
Bunker supplier Monjasa has acquired the 25,117 dwt flexi tanker , formerly named Neste, as a new combined cargo and…
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Bunkering
Yantian Port Group takes over Brightoil’s Zhoushan bunkering facility
State-owned Yantian Port Group has taken over a 19m barrel oil storage facility located in the Zhoushan archipelago from financially…
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Dry Cargo
No ceiling in sight as capes crack the $40,000 mark
Capes cracked the $40,000 mark for the second time in three months yesterday with a favourable forward outlook suggesting the…
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Ports and Logistics
Partial reopening of Ningbo terminal scheduled for next week
Shipping agent sources in Ningbo have ascertained the port’s planned reopening of its Meishan terminal. The aim is for a…
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Environment
Mammut sets the green bar high for carriers
Swiss outdoor gear brand Mammut has set the bar very high for shipping lines keen to move its products. Mammut…
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Containers
Indian exporters question the ‘cartelisation’ of box shipping
Another Asian country is beginning to debate whether container carriers have been colluding to create today’s sky high record freight…
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Operations
Change in piracy threats in Indian Ocean prompts re-think of High Risk Area
A continued downward trend in Somali piracy has prompted shipping organisations to reduce the geographic boundaries of the High Risk…
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Ports and Logistics
Ningbo-Zhoushan terminal closed for sixth consecutive day
The Meishan terminal at Ningbo-Zhoushan port remained closed for a sixth straight day on Monday, with ship queues outside the…
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Containers
Philippine authorities suspect collusion among container carriers
Manila is the latest place where carriers are under the spotlight for their pricing ploys. A preliminary investigation by the…
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Ports and Logistics
How the Taliban takeover in landlocked Afghanistan will change shipping patterns
The Taliban takeover of landlocked Afghanistan is expected to change shipping patterns in Central Asia. Afghanistan had previously been working…
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Ports and Logistics
All eyes on Ningbo as global supply chains await news of terminal’s reopening
There is still no indication when operations at a container terminal in the world’s largest port will resume following a…
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Containers
Shippers bamboozled by growing disparity between liner shipping’s five index providers
Shippers frantically trying to book container shipments are faced with yet another hurdle in this most tricky of years for…
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Dry Cargo
BIMCO quashes talk of a supercycle
Analysts at international shipowning organisation BIMCO have attempted to answer the question many in dry bulk have been pondering all…
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Tech
Oldendorff invests in Finnish navigation start-up
German shipping major Oldendorff Carriers has invested and become a minor shareholder of Groke Technologies, a Finnish start-up creating navigation…
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Offshore
More than half of the world’s FPSOs are over 30-years-old
Data released yesterday from the American Bureau of Shipping (ABS) shows just how ancient the world’s floating production storage and…
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Ports and Logistics
Ships divert from Ningbo with no timeframe given for terminal to reopen
Having learnt lessons from the closure of Yantian Port earlier in the summer, a number of carriers are not hanging…
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Operations
Philippines, Myanmar, Indonesia, Venezuela and Latvia reported as hardest countries for crews to secure vaccines
The Philippines, Myanmar, Indonesia, Venezuela and Latvia have been identified by top shipmanagers as the areas with the largest challenge…
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