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Europe
ICS slams shipyard subsidies
A leading shipowning organisation has hit out at government subsidies supporting ailing shipyards. Addressing government trade negotiators in the OECD…
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Operations
Ship operating costs rise
The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners should prepare…
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Europe
North P&I opens in Dublin as Brexit precaution
Following the result of the UK referendum on membership of the EU in July 2016, North and Sunderland Marine have…
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Asia
Shipping Corporation of India readies scrap candidates
State-backed Shipping Corporation of India (SCI) is having a clear out of its older tonnage. India’s flagship carrier reported an…
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Asia
Owners seeing greater value in older crude tankers
The Japanese controlled aframax , a 14-year-old Namura-built tanker, saw up to eight possible buyers come to inspect the ship…
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Europe
DNV GL says standardisation will be key to shipping’s digital transformation
Classification society DNV GL has released a new position paper setting out the importance of standardisation in enabling the growth…
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Greater China
Wison teams up with Shanghai Electric to promote FLNG solutions
Wison Offshore & Marine, China’s top LNG-related shipbuilder, has signed a memorandum of understanding on strategic cooperation with Shanghai Electric…
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Asia
MPA using drones for ship surveys
The Maritime and Port Authority of Singapore (MPA) is working on an acceptance criteria for the use of remote inspection…
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Dry Cargo
Dry bulk orders quadruple in 2017 led by kamsarmaxes
Dry bulk orders have quadrulpled in number year-on-year in the first 10 months of 2017, with the emphasis by owners…
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Containers
Excess capacity hitting box freight rates hard
Boxships are sailing not fully laden amid dangerously excessive capacity leading to fears of a slump in financial results for…
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Asia
Malaysia’s giant $45bn new port put on hold in wake of liner alliance shuffle
With volumes at its premier ports slumping on the back of this year’s container alliance switches Malaysia has decided to…
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Europe
London Club hit with $1bn Prestige fine
The London Steam-Ship Owners’ Mutual Insurance Association (The London Club) is urgently looking for clarification from the Spanish judicial system…
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Europe
ABB outlines electric, digital and connected vision for next generation ships
Swiss tech giant ABB has outlined how it sees the ships of tomorrow operating – with electric, digital and connected…
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Europe
Maersk hits out at shipping’s lack of ambition to tackle climate change
As world leaders talk climate change solutions at COP23 in Bonn, A.P. Moller – Maersk has lashed out its shipping…
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Asia
Crew pay prioritised by court as Varun faces bankruptcy
Getting crew paid will be a top priority when the LPG carriers belonging to Varun are sold, an admiralty court…
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Greater China
Noble Group holds talks with stakeholders in survival bid
Embattled Noble Group, a Hong Kong commodities trader, has commenced discussions with various stakeholders regarding potential options to address the…
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Containers
Limited capacity withdrawals impacting spot box freight rates
In a game of chicken liners’ inability to retreat is going to hurt them. Limited capacity withdrawals over the winter…
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Asia
Hyundai Heavy rejigs senior management
Hyundai Heavy Industries, the world’s largest shipbuilder, has rejigged its senior management set up, ditching a dual CEO function in…
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Americas
Log-In Logistica orders 2,700 teu ship at Wenchong
Brazilian cabotage carrier Log-In Logistica has ordered a 2,700 teu containership at China’s state-run Guangzhou Wenchong Shipyard. The ship, costing…
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Europe
Nils Smedegaard Andersen becomes chairman at Unifeeder
Sixteen months since he left his top post at Maersk, Nils Smedegaard Andersen has wound up at another Danish containerline.…
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