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Operations
New study unveils the mental health ‘minefield’ seafarers face
Whether on or offshore, the work and lifestyle of remote rotational workers, including seafarers, is unique. While lucrative for some,…
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Environment
Broker IFCHOR gets into the carbon credit game
Another shipbroker is looking to get into the carbon credits business. Lausanne-headquartered IFCHOR has teamed with carbon specialist ClearBlue Markets…
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Operations
Convictions handed down in giant MSC cocaine bust
Convictions are being handed down in one of the US’s biggest ever drugs busts. A record-breaking 20 tons of cocaine,…
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Offshore
Seacor liftboat capsizes off Louisiana
The US Coast Guard and a number of vessels in Louisiana rescued six people and are searching for more after…
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Tech
Global Shipping Business Network seals first banking tie-up
Blockchain grouping Global Shipping Business Network (GSBN) has teamed with Bank of China (Hong Kong) in a bid to help…
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Ports and Logistics
Workers walk out at New Zealand’s largest port, slam management over safety lapses
Workers at New Zealand’s largest port walked off site today and cast a vote of no confidence in senior management…
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Dry Cargo
Capes surge across the board
Capesize rates, bubbling away for the past week, are now at three-month highs. The Baltic’s capesize index jumped 249 points,…
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Containers
Arnt Vespermann headhunted by Claus-Peter Offen
In big executive recruitment news from Hamburg, Dr Arnt Vespermann has been headhunted to take over day-to-day operations at the…
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Containers
Drewry sees liner bonanza stretching through into 2022
British shipping consultants Drewry are predicting container shipping will smash last year’s record profits in 2021, with 2022 also tipped…
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Gas
Navigator takes over Ultragas
Fresh from taking a 39.1% stake in Navigator Holdings in December, Andreas Sohmen-Pao, increasingly seen as shipping’s consolidator-in-chief, has helped…
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Environment
Greek and Swedish shipowners weigh in with their own vision for Europe’s emission trading plans
An alliance of Greek and Swedish shipowners, along with NGO Transport & Environment (T&E), has called on the European Commission…
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Gas
India’s first FSRU comes in to moor
India’s first floating storage and regasification unit (FSRU) has arrived at H-Energy’s Jaigarh Terminal in Maharashtra. The FSRU , which…
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Containers
Suez blockage sparks box spot rate rally
Shippers have another reason to rue the . The repercussions of the giant ship’s grounding on the Suez Canal late…
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Operations
Shipping celebrates best Q1 since 2008
Shipping has enjoyed its best Q1 since before the global financial crisis, with the second quarter on track to post…
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Europe
Greek shipping magnate John Angelicoussis passes away
John Angelicoussis, Greece’s largest shipowner in dwt terms, died on Saturday at a hospital in Athens, 20 days after suffering…
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Finance and Insurance
Hamburg Commercial Bank makes play for Asian shipping business
Philip Clausius-led Transport Capital has formed a new partnership with German lender Hamburg Commercial Bank (HCOB). Transport Capital will exclusively…
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Ports and Logistics
CMA CGM details its plans to rebuild Beirut port
France’s CMA CGM, whose founding family hail from Lebanon, has presented a plan to rebuild Beirut port within three years.…
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Operations
Armed robbery incidents rise around the Singapore Strait
Incidents of armed robbery against ships continue to occur to ships while underway in the Singapore Strait. From April 8…
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Tankers
Sri Lanka files $17.38m claim against Greek owner of New Diamond VLCC
Sri Lanka on Friday filed a claim for $17.38m with the Greek owner of a VLCC that caught fire and…
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Renewables
Hong Kong dusts off offshore wind farm plans
Hong Kong is likely to have wind turbines dotted around in between its 263 islands in the coming years. CLP…
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