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Europe
UK moves to position itself as a leader in maritime decarbonisation
Britain is pushing ahead with plans to make the country a leader in maritime decarbonisation. Experts on clean shipping met…
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Asia
MOL focuses on next chapter in its smart ship voyage
Japanese shipping major Mitsui OSK Lines (MOL) is teaming up with compatriots Mitsui E&S Shipbuilding and Weathernews to launch its…
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Asia
South Korea looks at Russian Far East port investment
South Korea’s oceans ministry is to conduct a feasibility study looking at developing a port in Russia’s Far East with…
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Offshore
OSV sales volumes at all time highs
Sales volumes for OSVs are at all time highs, but this has yet to translate into a meaningful – and…
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Asia
Another blaze injures seven at the world’s most dangerous shipping destination
The world’s most dangerous shipping destination has suffered another accident. Gadani, Pakistan’s main shipbreaking area, is reeling from another blaze…
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Europe
MSC invests in real-time tracking of its containers
The head of Mediterranean Shipping Company (MSC), the world’s second largest containerline, has predicted real-time tracking of all boxes around…
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Asia
ONE and Hapag-Lloyd join forces on feeder trades
Two members of container grouping THE Alliance are joining forces for feeder operations in Asia and Europe. Japan’s Ocean Network…
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Greater China
OOCL warns shippers must shoulder sulphur cap burden
Hong Kong’s Orient Overseas Container Line (OOCL), now part of Cosco, has outlined its sulphur cap plans, which will see…
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Europe
Standard Club looks to take over Strike Club
The Standard P&I Club is looking at acquiring sister company Strike Club, a provider of delay insurance to shipowners. The…
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Europe
H-Line orders LNG-powered cape duo at Hyundai Samho
Fresh from sealing funds this week from newly incorporated state vehicle Korea Ocean Business Corp, H-Line Shipping has wasted no…
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Europe
Ropax finally separated from boxship off Corsica
A combination of wave activity and work by salvors finally managed last night to disentangle two ships that had collided…
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Asia
Maersk leases oil storage space in Singapore
Maersk continues to get its 2020 global fuel supplies into shape. Having agreed to take a slice of Rotterdam port…
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Americas
Maersk and Oaktree invest in digital freight broker
Loadsmart, a New York-headquartered digital freight broker, has raised $21.6m in series A funding led by Maersk Growth, Connor Capital…
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Asia
Seoul extends state aid to more local lines
Fresh from lavishing national flagship HMM with $5.4bn in state funds, newly incorporated Korea Ocean Business Corp has set aside…
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Greater China
Hong Kong’s leader delivers on maritime promises
In her second policy address since coming to power last year, Carrie Lam, the chief executive of Hong Kong, today…
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Asia
BW puts its first two kamsarmaxes in the shop window
BW Dry Cargo, founded in April 2016, is looking to cash in on rising prices for kamsarmaxes, putting the first…
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Asia
Nissen Kaiun contracts four boxships at Tsuneishi Zhoushan
Japan’s Nissen Kaiun has gone to China for a series of boxship orders. No price has been revealed for the…
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Asia
NYK LNG carrier fetches highest demo rate of the year
Demo prices are achieving new highs with one old gas carrier managing to notch a very strong $551 per ldt.…
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Europe
Skou vows to return Maersk to former financial glory days
In an interview with Danish finance newspaper Berlingske Business, Søren Skou, group CEO of AP Moller-Maersk, has vowed to get…
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Americas
Hadjipateras fires back as Sohmen-Pao spat rumbles on
Determined to have the last word in the four-month takeover tussle between BW LPG and Dorian LPG, John Hadjipateras, Dorian’s…
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