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Gas
MOL and Kawasaki Heavy come onboard Singapore liquefied hydrogen project
Keppel Data Centres, Kawasaki Heavy Industries, Linde Gas Singapore, Mitsui OSK Lines (MOL) and Vopak LNG have entered into a…
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Bunkering
Demonstration shows ease of methanol bunkering by barge
Waterfront Shipping, a wholly-owned subsidiary of Methanex Corporation, has demonstrated the ease of barge-to-ship bunkering as part of the launch…
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Containers
Ocean Network Express debuts digital booking platform
Ocean Network Express (ONE), the Japanese containerline, is trialling a digital freight booking platform created by Descartes Systems, becoming the…
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Dry Cargo
Miners scramble for ships amid ‘ferrous frenzy’, cape FFA traders in supercycle mode
Iron ore prices have reached an all-time high, with China’s domestic steel product prices also soaring to figures never seen…
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Containers
Four out of 10 boxes rolled over, schedule reliability at an all-time low
In the space of a year the box rollover ratio at CMA CGM Australian subsidiary ANL leapt by 30%. At…
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Tankers
Prolonged US pipeline closure the wildcard for product tanker owners
After a weekend of outages, the Colonial Pipeline operator said on Monday it expects to “substantially restore operational service” by…
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Containers
Liner contract rates set new records
Contract rates in container shipping are soaring to record levels. The contract rates published on the China Containerised Freight Index…
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Containers
Suez Canal Authority slashes Ever Given compensation claims by $300m
The Suez Canal Authority has slashed its compensation claims by nearly a third. The Egyptian body is now seeking $600m…
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Shipyards
More than 100 yards on course to run out of business this year
Danish Ship Finance has published its biannual shipping markets review. Contained in the 59-page research document are details of the…
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Operations
ClarkSea Index hits 2021 high sitting at twice the ten-year trend
The cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership and gas carrier earnings managed by Clarkson Research…
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Shipyards
Demo rates hit $550 per ldt
Demo prices have shot up soaring global steel prices and fierce competition between Pakistan and Bangladesh for limited tonnage. The…
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Europe
Greece calls for charterers to pay for impending European maritime carbon scheme
Greece’s shipping minister, Ioannis Plakiotakis, has written to the European Commission, demanding that charterers stump up cash when shipping joins…
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Operations
Chinese seafarers land knockout jab in crewing crunch, wage bill spikes
Wage demands for Chinese seafarers are skyrocketing as they become a hot, jabbed commodity, replacing many Indian and Filipino crews…
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Asia
Three finalists in the running to take over Shipping Corp of India
Three bidders have been finalised for the sale of the government’s 63.75% stake in Shipping Corporation of India (SCI). The…
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Operations
Crew change crisis tipped to be worse than last year
With many of the world’s top hub ports raising barriers to anyone who has been to South Asia recently there…
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Ports and Logistics
Yokohama crowned world’s most efficient container port
The Japanese port of Yokohama has been crowned as the world’s most efficient box facility in a new study launched…
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Containers
Logistics giant DSV charters 1,800 teu boxship to move cargoes on frenzied Asia-Europe tradelane
The incredible tightness of available slots on almost all tradelanes has forced one of the world’s largest logistics operators to…
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Gas
First new LPG FFA trades completed
The first freight derivatives contract using the Baltic Exchange’s recently launched liquified petroleum gas (LPG) assessment (BLPG3) was traded by…
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Renewables
NYK seals crew transfer vessel bareboat charter contract
Japan’s Nippon Yusen Kaisha (NYK) has concluded a bareboat charter contract with Northern Offshore Service (NOS), a subsidiary of the…
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Europe
Bock quits Howe Robinson to steer S&P at Hanse Bereederung
Well known S&P broker Alexander Bock has quit Howe Robinson to head up Hamburg-based Hanse Bereederung’s sale and purchase department.…
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