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Gas
Hyundai Heavy developing LPG/CO2 carrier in partnership with Saudi Aramco
Hyundai Heavy Industries is developing ships capable of carrying CO2 and LPG at the same time in partnership with Saudi…
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Regulatory
Shipping needs to talk market-based measures: BIMCO
BIMCO, one of the world’s largest shipping associations, is encouraging states and the industry to start a dialogue on how…
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Containers
Maersk Eindhoven departs Yokohama
The 13,100 teu sailed yesterday from APM Terminals Yokohama with an estimated time of arrival of March 13 at the…
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Shipyards
Texas home to America’s first EU-compliant shipbreaking facility
America has a yard capable of scrapping ships to European Union standards. International Shipbreaking, part of the EMR Metal Recycling…
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Asia
Foresight, Exmar and GMS in the mix for Shipping Corp of India buy-out
Multiple Indian media outlets are reporting a host of local and overseas companies expressing an interest in taking over state-run…
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Containers
Container chaos will take through to Q3 to resolve: TPM
Shippers have been told they’ll need to wait through to the second half of the year before any semblance of…
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Tankers
HMM orders VLCC trio
HMM, South Korea’s flagship line, has returned to compatriot yard Hyundai Heavy Industries for a series of VLCC orders. Allied…
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Containers
Iranian boxship refloated off Batam
In a delicate operation involving many vessels, the Iranian boxship was refloated today. The ship has been stuck in the…
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Dry Cargo
Seven out of 10 bulk carriers not ready for EEXI
Seven out of 10 bulk carriers are ‘non-eco’ with the Energy Efficiency Existing Ship Index (EEXI) likely coming into existence…
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Containers
Boxship charter rates set new highs
Soaring charter rates in the boxship space are seeing ships taken for lengthy times at eye-watering rates. Clarkson’s boxship time…
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Operations
Car carrier suffers multiple explosions, makes for Dubai
A car carrier that suffered a series of explosions off Muscat on Friday docked in Dubai yesterday with top Israeli…
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Europe
Torm buys eight MRs from Team Tankers in cash plus shares deal
Denmark’s Torm is buying eight Croatian-built MR tankers from Team Tankers, paying for the ships with $82.5m in cash and…
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Bunkering
‘Transitional fuels are capturing the regulatory agenda and incentives’: Maersk
Maersk is ramping up its anti-LNG message in a bid to get regulators and banks more onside to its own…
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Containers
CMA CGM will deploy LNG-powered boxships on the transpacific
CMA CGM is to deploy six LNG-powered 15,000 teu ships on the transpacific, the largest gas-powered boxships to call in…
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Dry Cargo
48 ships with Australian coal still stranded off China’s coastline
The number of coal carriers stranded off China with banned Australian coal has ducked under the 50 mark, but still…
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Finance and Insurance
Anchor Ship Partners launches $5.65bn Japanese green ship fund
Japanese ship finance giant Anchor Ship Partners is launching a huge fund to build up an LNG carrier fleet to…
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Bunkering
Bio-LNG makes its pitch on shipping’s path to 2050
New analysis from SEA-LNG, the lobby group promoting LNG as a marine fuel, claims that for every 10% of bio-LNG…
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Dry Cargo
Supramax spot rates hit $20,000 for the first time in a decade, handies smash records
Supramax rates have sky rocketed by more than 40% in the last week, crossing the $20,000 a day mark for…
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Operations
Unions demand worldwide seafarer vaccination programme
The Nautilus Federation, a group of 22 trade unions representing seafarers and inland waterways workers, has issued a statement calling…
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Tankers
Stolt tanker remains in hot water in Korea
Seventeen months on from a very high profile explosion in the southeast of South Korea and the ship in question…
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