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Dry Cargo
Anglo American takes its ocean freight digital
Mining giant Anglo American is making its ocean freight arrangements more digital. The miner has signed a deal with Chinsay…
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Europe
CMA CGM in for Chinese feeder trio of newbuilds
France’s CMA CGM continues its busy year with a ship order in China. Clarksons Research is reporting that the Marseille-headquartered…
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Europe
Maersk pockets $100m and exits Egyptian drilling sector
A.P. Møller – Mærsk continues to divest itself of its energy holdings. The Danish conglomerate has just announced it has…
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Dry Cargo
Supramax sales show no sign of easing
The appetite for supramaxes shows no sign of abating in the final few weeks of 2017. Clarksons Research has details…
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Europe
Pantheon adds to Greek tanker ordering rush
The Greek rush for tanker newbuilds continues apace. Brokers are linking Pantheon Tankers with an order for a brace of…
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Asia
FSL Trust seeks to extend loan repayment terms
FSL Trust directors have been in negotiations with lenders to extend a $480m loan by a year. FSL still has…
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Americas
Panama Canal increases maximum draft for new locks
The Panama Canal has announced an increase in the maximum allowable draft, after recent rainfall brought the Gatun and Alajuela…
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Ports and Logistics
World’s largest coal port transitions towards a lower carbon environment
The world’s largest coal port is preparing for a lower carbon future world. The incoming new chairman of the Port…
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Tankers
Further tanker consolidation predicted
Further tanker consolidation is likely, Clarksons Research predicts in its latest weekly report. With 2017 marking a year of massive…
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Europe
SSY acquires Danish broker
British shipbroker Simpson Spence Young (SSY) has bought out Denmark’s Bidsted & Co in the latest phase of consolidation seen…
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Europe
DNV GL becomes fully Norwegian as German partner sells stake
It’s taken more than five years but finally the Foundation Det Norske Veritas has bought out its German partner’s stake…
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Europe
Serenity: CMA CGM’s new offering designed to keep clients calm
France’s top shipping line has launched Serenity by CMA CGM, a suite of offerings designed to calm clients’ fears in…
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Tankers
New tanker FFA broker chairman discusses handling rate volatility
FFAs can bring balance sheet stability. That is the message from the new chairman of the Tanker FFA Brokers Association,…
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Regulatory
Call for software maintenance standard for shipping
BIMCO and the international association for the marine electronics industry, CIRM (Comité International Radio-Maritime), have sent the industry’s first proposal…
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Greater China
Yang Ming strikes new path with Taiwan’s port body
Fresh from an injection of cash from the state Yang Ming Marine Transport has detailed plans to scrap 20 ships…
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Containers
Container consolidation to continue in 2018: Moody’s
Consolidation, whether through alliances or M&A, will continue apace in the container shipping industry into 2018 as companies try to…
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Middle East
Bahri taps new CEO in diversification drive
Saudi Arabia’s largest shipping line Bahri has tapped a livestock expert to become its new CEO starting on January 1.…
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Europe
European shipowners urge for swift progress in Brexit negotiations
Top management at the European Community Shipowners’ Associations (ECSA) has urged for swift progress to be made between the EU…
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Asia
India’s port volumes predicted to quadruple by 2025
India’s ports are set to handle four times as much cargo within the next eight years, but volumes will remain…
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Europe
Contracts pour in for SolstadFarstad
Busy SolstadFarstad has entered a contract for the PSV, , with Aker BP for a period of three months firm…
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