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Environment
UN-backed green hydrogen moonshot aims to make fuel commercially viable by 2026
Seven big big names in renewables have clubbed together in a United Nations-backed moonshot to get green hydrogen prices down…
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Containers
New container shipping brand debuts
There’s a new name in container shipping following a merger. South Pacific specialist Neptune Pacific Direct Line has debuted as…
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Containers
CMB inks Yangfan boxship deal
Antwerp-based maritime group Compagnie Maritime Belge (CMB) via box subsidiary Delphis has placed orders for up to eight ice-classed (1A)…
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Tankers
CSSC Shipping fixes suezmax deal with the Restis family
Greece’s Restis family has sold a suezmax to CSSC Shipping, according to a release on the Hong Kong Stock Exchange…
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Tech
Swedish consortium develops AI-powered ship operation support system
A group of Swedish technology entrepreneurs and academics have joined forces to accelerate the research and development of an artificial…
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Gas
VLGC spot rates hit five-year high, closing in on $100,000 a day
Spot rates for VLGCs are on the cusp of hitting $100,000 a day, having hit highs in recent days not…
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Containers
Battered ONE Apus moors at Kobe
The battered moored at the port of Kobe today. The full scale of the box spill that occurred eight days…
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Tankers
Maersk Tankers sells 14 MRs for $422m
Maersk Tankers has sold 14 product tankers to CDB Leasing for $422m, the Chinese bank revealed in a release to…
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Tech
Electronic bills of lading move ahead with new standards published
Bills of lading, among the most antiquated processes in the shipping industry, have been given the 21st century treatment today,…
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Bunkering
Yara sets out to supply shipping with green ammonia
Norwegian fertiliser giant Yara is turning its attention to providing ammonia as a new fuel for the shipping industry. “Ammonia…
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Europe
Scrubber 2.0: New carbon capture funnel unveiled
A Norwegian, Austrian team today unveiled scrubber 2.0, their version of a future funnel that can capture carbon among a…
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Environment
Plastics at sea tracking initiative launches
Shipping leaders have united in their support of pollution mapping initiative Eyesea which was officially launched today. Eyesea, a not-for-profit…
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Operations
Car carriers rally
The car carrier sector has staged a more swift recovery than initially projected in the early stages of the pandemic,…
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Bunkering
Japan promotes ammonia-fuelled shipping
Japan Inc, hitherto one of the greatest proponents of a hydrogen-powered society, has opened the door to far greater use…
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Environment
MOL onboard Australian carbon capture project
Mitsui OSK Lines (MOL), Japan’s largest shipping line, is involved in a new Australian carbon capture project. Perth-based Transborders Energy…
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Ports and Logistics
Italian ports lose their tax exemption status
The European Commission has told Italy to abolish the corporate tax exemptions granted to its ports, in order to align…
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Ports and Logistics
Electric failure sparks ship mayhem at Algerian port
The 13-year-old, 1,100 teu suffered an electrical failure while unmooring at the Algerian port of Béjaïa, the ship rearing out…
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Containers
MSC launches Christmas competition and unveils festive knitwear
The Danish division of Mediterranean Shipping Co (MSC) has unveiled a Christmas competition, promising a unique gift for the winner. …
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Containers
Insurance claims from ONE Apus box spill set to top $50m
The total insurance bill from the box spill this week is set to top $50m. More than 1,900 containers –…
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Containers
Asia – Europe spot rates up 200% year-on-year
Fridays, 4pm China time, are ringing in records for container shipping week in, week out. The weekly publishing of the…
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