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Regulatory
IMO study makes the case for more ambitious green targets
A study commissioned by the International Maritime Organization (IMO) shows that the hurdles regularly cited barring the way to shipping’s…
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Containers
Two suction sails to be installed on ONE feeder ship
Japanese liner Ocean Network Express (ONE) has decided to install two containerised wind assist units on one of its operated…
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Containers
Lomar to install carbon capture device on boxship next month
Lomar’s new subsidiary lomarlabs is working with London-based climate tech start-up Seabound to develop cost-effective methods to capture CO2 onboard…
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Ports and Logistics
Canadian Pacific and Kansas City Southern complete combination
Canadian Pacific and Kansas City Southern today completed their $31bn combination to create Canadian Pacific Kansas City (CPKC), establishing the…
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Environment
European Parliament votes in favour of including shipping in EU’s emissions trading system
The European Parliament has voted in favour of including shipping in its emissions trading system (ETS). Pursuant to EU countries…
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Containers
US west coast faces up to box exodus
Threats to the supply chain are seeing shippers ditch the US west coast. Canadian software provider Descartes has counted that…
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Containers
More newcomers flock to lucrative Russian box trades
New entrants continue to flock to the lucrative Asia-Russia box trades. Turkey’s East Shipping Line (e-Shipping) is the latest to…
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Tech
Heavyweight investors buy into Vortexa
Eyeing an opportunity in a rapidly consolidating space, New York-based venture capital firm Communitas Capital has taken a stake in…
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Environment
HMM to install onboard carbon capture system, preps part of fleet for slow steaming future
South Korean flagship HMM plans to conduct field tests this year of an onboard carbon capture system for containerships along…
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Operations
Sailors’ Society commits to virtual future
Charity Sailors’ Society is switching its focus to 24/7 virtual support for seafarers and their families across the world. The…
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Ports and Logistics
PSA buys Turkish logistics company
Singaporean terminal operator PSA International has bought a 75% stake in Istanbul-headquartered Alisan Logistics, a privately held company active in…
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Containers
Maersk unveils video of keenly awaited methanol-fuelled ship
Maersk has unveiled a video of its keenly awaited 2,000 teu, dual-fuel ship, which can run on either VLSFO or…
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Dry Cargo
Shandong Shipping signs for 12 kamsarmaxes
Shandong Shipping, China’s third largest shipowner, has made its biggest newbuild splurge ever, signing for twelve 82,000 dwt kamsarmaxes at…
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Operations
ITF secures freedom for 13 abandoned seafarers stuck in Singapore for 5 months
Thirteen Filipino seafarers have made it home after more than five months aboard an abandoned livestock carrier ship, the Yangtze…
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Operations
New research finds charging of recruitment fees most common illegal practice experienced by seafarers
The results of a new study of seafarers launched today finds that over two thirds (70%) of seafarers who have…
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Gas
LNG orderbook now stands at record 50% of the extant fleet
The global orderbook currently stands equivalent to a “moderate” 10% of fleet capacity, though varies significantly by sector, according to…
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Tankers
Greeks dominate Russian oil exports
The tanker fleet engaged in the Russian trade post-sanctions is predominantly Greek-operated and composed mostly of older aframax and MR…
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Environment
G7 pushes for intermediate GHG targets for shipping
The ongoing decarbonisation of international shipping formed a plank of an extensive 36-page communiqué issued yesterday from Sapporo in Japan…
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Environment
SEA-LNG defends shipping’s methane emissions
SEA-LNG, the lobby group promoting LNG as an alternative shipping fuel, has hit out at a new NGO, Say No…
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Dry Cargo
Emarat Maritime pounces for four ultramaxes
In the bulker sector, Emarat Maritime has placed an order for four 63,000 dwt ultramaxes at New Dayang Shipbuilding, due…
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