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Dry Cargo
Methanol-fuelled kamsarmax project takes shape
Lloyd’s Register (LR), Cargill International, Minerva Dry and Nantong COSCO KHI Ship Engineering Co (NACKS) have collaborated on the design…
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Containers
Australia bans poorly maintained boxship
The Australian Maritime Safety Authority (AMSA) has banned the Marshall Islands-flagged containership from Australian waters for 90 days, for serious…
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Operations
Bulk carriers and containerships moving at slowest speeds on record this year
Two of the main shipping segments which have disappointed the most earnings-wise this year have resorted to slowing their ships…
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Operations
Ukraine’s new shipping corridor welcomes more vessels
Ships are coming in and out of Ukrainian Black Sea ports in increasing numbers – the country’s new shipping corridor…
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Tankers
Russia’s decision to deploy non-ice class tankers in the Arctic comes in for criticism
Russia risks an environmental catastrophe by deploying non-ice class ships on its increasingly busy Northern Shipping Route (NRS), according to…
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Finance and Insurance
Signatories to the Poseidon Principles make changes to align with new IMO targets
The 30 banking signatories to the Poseidon Principles, a global green ship finance framework, have made the decision to align…
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Americas
Daily transit limit at the Panama Canal to be cut further
Aware of the ongoing drought potential across the country in this El Nino-hit year, the Panama Canal Authority has taken…
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Finance and Insurance
Last remnants of what was once the world’s largest ship financier dismantled
Another important chapter in the history of Hamburg shipping has come to a close with the successful wind-down of a…
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Ports and Logistics
US dockworkers union files for bankruptcy
The International Longshore and Warehouse Union (ILWU) has filed for bankruptcy as a way to shield itself having lost a…
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Dry Cargo
Grain mountain to climb: Ukraine’s battle to ship out its harvest
Ukraine’s Black Sea operations have a massive trench to climb out of if Europe’s ‘bread basket’ is to get back…
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Containers
World Shipping Council outlines digital solution in battle to contain fires from misdeclared cargoes
Despite industry and government efforts, dangerous cargo that has not been declared, or that has been incorrectly declared or labelled,…
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Americas
Delta Corp presses ahead with NASDAQ listing
Mudit Paliwal-led Delta Corp Holdings is finally pressing ahead with a NASDAQ listing via a merger with an existing listed…
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Bunkering
Details emerge of first dedicated LNG bunkering facility on US Gulf Coast
Seapath, a subsidiary of Libra Group, and Houston-based Pilot LNG have formed a joint venture to develop, construct, and operate…
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Dry Cargo
Meadway bags Oshima ultramax
Greece’s Meadway Shipping has bought the three-year-old, Oshima-built Nord Amazon, an ultramax which it is now renaming Utopia. No price has…
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Operations
Average age of the merchant fleet now above 22 years: UNCTAD
The global merchant fleet is getting very old and will require hundreds of billions of dollars for its required green…
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Middle East
Dubai remains Russian shadow tanker hotbed
Dubai is the operating nexus for so-called shadow Russian crude oil shipments, according to a new report from the Centre…
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Containers
CMA CGM adds another eight ships to giant orderbook
CMA CGM has ordered eight methanol dual-fuelled mid-sized boxships at Shanghai Waigaoqiao Shipbuilding. The deal for the 9,200 teu ships…
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Bunkering
Good week for ammonia in the future fuel race
Proponents of ammonia as shipping’s ultimate future fuel have had a good week with plenty of news to support the…
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Africa
Japan Transport Safety Board issues report on Wakashio disaster
The Japan Transport Safety Board has issued its report on the grounding of the Wakashio newcastlemax, one of this decade’s…
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Finance and Insurance
Ukraine grain shipping insurance facility debuts
Insurance broker Miller has unveiled a marine insurance facility for Ukrainian grain exports, backed by the government in Kyiv. Ukraine…
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