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Containers
Megamax newbuilds idle as carriers try to ‘turn the tables’ with shippers
Giant newbuilds being forced to idle ahead of a maiden voyage for months on end is never a good sign,…
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Containers
Hapag-Lloyd races ahead of the likes of Ferrari, Maersk and Shell in 2022 profitability survey
Shell, BP, luxury brand Hermes and the prancing horse that is Ferrari have all been left in the tracks of…
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Containers
MSC and ZIM sign new operational collaboration agreement
Israeli carrier ZIM has renewed ties with Mediterranean Shipping Co (MSC), the world’s largest carrier. The new operational agreement includes…
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Europe
Louis Dreyfus and GTT among new investors in Spanish suction sail manufacturer
Wind propulsion as a centrepiece of shipping’s decarbonisation pathway continues to gain traction. Agricultural giant Louis Dreyfus Company, LNG containment…
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Dry Cargo
James Lightbourn joins Sterling Shipping as partner
Christopher Fjeld-led bulker play Sterling Shipping has welcomed James Lightbourn as a partner and chief financial officer. Most recently Lightbourn…
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Tech
Ryan Petersen returns as CEO at Flexport
After a year in the role, Dave Clark has stepped down as CEO at Flexport with the company’s founder Ryan…
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Tankers
Extended oil production cuts by Saudi and Russia do nothing to diminish bullish tanker forecasts
News that Saudi Arabia and Russia have decided to extend their production cuts has been seen as a short-term negative…
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Tankers
Malaysia still stuck with charred remains of abandoned Pablo tanker
It is now 128 days since the aframax exploded in Malaysian waters, killing three crew, with the stricken tanker remaining…
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Containers
HMM stands out when it comes to average boxship sizes among global carriers
HMM, the South Korean flagship carrier being readied for sale, is the only containerline in the world whose average boxship…
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Regulatory
Beijing Convention on the Judicial Sale of Ships comes into force
The United Nations (UN) Convention on the International Effects of Judicial Sales of Ships, also known as the Beijing Convention…
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Bunkering
India makes plans to become green ship fuelling hub
India wants to position itself as green refuelling hub in the coming decade. Speaking at a green hydrogen conference yesterday,…
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Gas
Gastech 2023: LNG carriers keep growing, both in size and orderbook
Bigger ships to handle ever larger volumes of exports – the opening day of Gastech, the annual mega event for…
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Dry Cargo
No sign of resumption of Black Sea shipping pact
Despite the best efforts of Turkish president Recep Tayyip Erdogan, Russia has decided not to renew the Black Sea Grain…
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Containers
MSC faces big bill from Flaminia blast case
A court in the UK has upheld a judgement that charterers cannot limit an owner’s claim for its own losses…
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Europe
Sovcomplot: Book launches charting Russian line’s court battles
John Helmer, a long-term Russian correspondent for a variety of titles, has launched a book this week looking at the…
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Operations
Black Sea shipping set to dominate headlines this week
Black Sea shipping is set to dominate maritime headlines this week with the heads of littoral states discussing how to…
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Africa
Coup leaders reopen Gabon’s transport links
Gabon reopened its borders on Saturday, three days after closing them during a military coup in which president Ali Bongo…
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Gas
Northern Lights adds another liquified CO2 carrier at DSIC
State-run Dalian Shipbuilding Industry Co (DSIC) has received a third order for a 7,500 cu m LNG dual-fuel capable liquified…
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Operations
Panama Canal latest: how each shipping segment is being impacted
Vessels in queue for transit across the Panama Canal stand at 128 ships today, some 42% above the 90 average,…
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Ports and Logistics
US west coast dockworkers approve new six-year contract
The US west coast is safe from the threat of strikes finally. Dockworkers have voted in favour of ratifying a…
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