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Containers
Huge Suez operation frees the Ever Given
The 20,388 teu was refloated in the early hours of Monday morning according to the Suez Canal Authority. The giant…
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Shipyards
Demo rates smash through $500 milestone
Demo rates have shot up in recent days, surpassing $500 per ldt and seeing many owners have a change of…
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Operations
United Nations agencies call to prioritise seafarers for Covid-19 vaccines
A joint statement signed by the heads of five United Nations bodies on Friday has called for seafarers to be…
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Containers
MSC ship suffers severe gash while berthing in Turkey
The 19,224 teu suffered a nasty allision with a pier in Turkey on Saturday. The 398.5m long ship has a…
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Europe
Søren Greve appointed CEO of Fearnleys
Søren Greve has been appointed the full time CEO at Norwegian broking house Fearnleys. He had been the interim CEO…
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Ports and Logistics
Fire rips through Indonesian refinery
A massive fire ripped through one of Indonesia’s largest oil refineries today. An explosion at a tank at Pertamina’s Balongan…
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Renewables
Subsea 7 announces floating wind joint venture
Olso-listed Subsea 7 has entered into a joint venture with Simply Blue Energy, a Cork-based marine developer, to further develop…
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Containers
Evergreen vessel shifts, giving hope that the Suez could be unblocked soon
Day six of the Suez blockage and some glimmer of hope that the giant 199,629 dwt containership could shift from…
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Containers
Ships reroute en masse, Suez authorities pin hopes on this weekend’s tides
Ships are now heading in ever growing numbers towards the Cape of Good Hope to avoid the snarl-up in the…
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Operations
Shipping makes alternate Suez plans with removal of Evergreen boxship not a given
The 21st century version of the Suez crisis has now seen vessels diverting, heading around the Cape of Good Hope…
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Dry Cargo
Secondhand bulk market heading for record year as 279 ships trade hands so far
The ownership of dry bulk ships has changed hands at blistering speed in the first three months of 2021. The…
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Tankers
Iran shifts oil exports to the Gulf of Oman
In a massive strategic shift for its oil exports, Iran is to funnel much of its crude via a new…
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Bunkering
LNG fuel pricing visibility improves
Shipowners keen to keep track of the price of LNG fuel pricing have been heartened by news that S&P Global…
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Containers
Asean Seas Line signs for its first newbuilds
Hong Kong-based Asean Seas Line is expanding, putting pen to paper for its first newbuilds. The intra-Asia operator has signed…
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Operations
$6bn and counting: Suez snarl-up stretches into third day with warning salvage could take weeks
High tide passed Wednesday evening and the giant 20,388 teu still has not moved. Twisted starboard, its 399 m hull…
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Environment
Shipping major Wilhelmsen switches focus to renewables
Wilhelmsen, one of Norway’s best known shipping brands, is having a major change of focus, going all out for renewables.…
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Finance and Insurance
Norwegian green equipment leasing company launches
The teams behind Norway’s Storm Capital Partners and NorthCape Capital along with Grieg have debuted a new business to lease…
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Operations
Vaccine guide launched for seafarers
The International Chamber of Shipping (ICS) has launched a vaccination guide for seafarers and shipping companies which aims to tackle…
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Operations
Half of blacklisted Aswan fleet in hot water as Australia detains two ships
Australian maritime authorities have detained two vessels owned by a controversial Qatari shipping company for serious labour rights breaches just…
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Dry Cargo
USTC acquires majority stake in CM Biomass
Denmark’s USTC has acquired a majority 60% stake in compatriot CM Biomass, the world’s largest independent wood pellet trading company.…
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