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Asia
Japanese pair circle around new digital freight marketplace
Two Japanese firms have joined forces to launch a digital freight marketplace, matching cargoes with ships. Called maruFreight, the new…
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Containers
January set to be record month for new boxship deliveries
January will be a record month for containership deliveries, with Alphaliner listing seven so called megamax newbuildings of 19,000 to…
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Dry Cargo
Ageing handysize bulkers tipped as best bet this year
Using VesselsValue‘s Future Market Value module, older tonnage is tipped to increase by the largest percentage from the first quarter…
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Europe
Societe Generale ups financial support for LNG-powered ships
Societe Generale has become the bank with the most overt support for LNG as a fuel for shipping. The French…
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Americas
Teekay signs up for four groundbreaking shuttle tankers
A new shuttle tanker concept has been developed by the world’s largest provider of shuttle tanker services Teekay, in close…
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Europe
Nor-Shipping makes first overseas move, taking over from the Danish Maritime Forum
Nor-Shipping, one of the most famous names in maritime exhibitions, is making its first move outside Norway. Nor-Shipping’s Opening Oceans…
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Dry Cargo
Brokers wary as Nobu Su plans dry bulk return
Nobu Su’s attempts to get back into dry bulk shipping are meeting a series of speedbumps with brokers and financiers…
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Asia
Essar to develop first overseas port
India’s Essar Ports has set out an outlay of $500m to expand two ports on home soil over the next…
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Americas
Japanese consortium proceeds with Brazilian FPSO charter project
A Japanese consortium comprising MODEC, Mitsui & Co, Mitsui OSK Lines (MOL), Marubeni Corporation and Mitsui Engineering & Shipbuilding (MES)…
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Tankers
2018 busiest tanker delivery year since the start of the decade
2018 looks set to be another “painful” period for tanker owners, with a continued wave of new tonnage and potentially…
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Europe
Cape achieves $495 per ldt from Indian recycler
Ship recycling rates have started 2018 very much in the ascendant and the market is now anticipating the $500 per…
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Tankers
Unipec stretches lead in dirty spot charters while ExxonMobil fades
Unipec has stretched its dominant lead as the world’s largest dirty spot charterer. The top four dirty spot charterers of…
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Europe
Bernhard Schulte in for Pronav
Bernhard Schulte has moved to acquire Hamburg-based LNG specialist shipmanager Pronav. Bernhard Schulte is now waiting for Germany’s competition authority…
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Dry Cargo
Leading analyst warns dry bulk owners must continue slow steaming
Peter Sand, chief shipping analyst at global shipowning body BIMCO, has warned dry bulk owners not to get carried away…
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Europe
Environment regulations will dominate shipping in 2018: BIMCO
Regulations pertaining to the environment will be the key issue shipping will have to grapple with in 2018 according to…
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Europe
Council from Yorkshire builds major stake in Tufton Oceanic
East Riding, a council in the northern English county of Yorkshire, has emerged as a major stakeholder in the fast…
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Asia
MOL boss warns disruptive innovations will reshape shipping
Shipping should not shy away from opportunities brought around by the so-called sharing economy with the leader of Japan’s largest…
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Containers
Full vessels on the transpacific see peak season surcharges kick in early
Having failed to secure a peak season surcharge last September members of THE Alliance are tweaking capacities on the transpacific…
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Asia
Meiji Shipping readies dramatic expansion
Low profile Japanese owner Meiji Shipping is readying a dramatic fleet expansion. The Tokyo-headquartered diverse owner is currently listed with…
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Asia
More than 500 bulkers hit by severe coal terminal congestion in Asia
Severe port congestion both to load and unload coal is affecting more than 500 dry bulk vessels, according to data…
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