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Shipyards
DSME’s parent buys engine maker
South Korea’s Hanwha Group is acquiring local ship engine maker HSD Engine following the conglomerate’s takeover late last year of…
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Regulatory
IMO mulls adding an extra digit to its identification number scheme
The International Maritime Organization (IMO) is looking at adding an extra digit to its under fire identification number scheme. IMO…
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Shipyards
China’s shipbuilding market share exceeds Japan and South Korea combined
In 2022, Chinese shipbuilders reached a market share of 47% and for the first time exceeded the combined market share…
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Containers
Brisk start to the year for containership scrapping
Twice as many containerships have already been scrapped this year compared to the whole of 2022 with liners and tonnage…
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Environment
ICS details fund and reward green proposal
The International Chamber of Shipping (ICS) has sent a submission to the International Maritime Organization (IMO) fleshing out its fund…
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Containers
Top carriers vow to make all bills of lading electronic by 2030
Nine top global carriers belonging to the Digital Container Shipping Association(DCSA) have committed to 100% adoption of an electronic bill…
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Environment
Eastern Pacific installs first-of-its-kind carbon capture solution onboard MR tanker
Eastern Pacific Shipping (EPS) has announced the successful installation of Value Maritime’s Filtree system onboard its managed vessel Pacific Cobalt…
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Shipyards
Singapore mega yard merger moves ahead
Shareholders of Sembcorp Marine (Sembmarine) voted to merge with Keppel Offshore & Marine (Keppel O&M) today paving the way for…
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Tech
Kpler acquires MarineTraffic and FleetMon
Commodities data firm Kpler has acquired two well-known ship tracking brands, MarineTraffic and FleetMon. The deal follows an earlier acquisition…
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Gas
CoolCo seeks New York listing
LNG shipowner Cool Company (CoolCo) has filed for a direct listing on the New York Stock Exchange (NYSE). In connection…
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Containers
Hyundai Heavy tipped to have won Yang Ming boxship series
Yang Ming is being tipped by Alphaliner as putting pen to paper for a series of 15,000 teu ships in…
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Containers
CMA CGM follows ONE with bow windshield installation
The bow windshields first invented by Japan’s Mitsui OSK Lines (MOL) could be set to go mainstream with news that…
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Ports and Logistics
Grimaldi takes concession at Amsterdam port
Italy’s Grimaldi Group has won a 20-year concession for a multipurpose cargo and roro terminal at the Amerikahaven dock in…
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Europe
Klaveness Combination Carriers secures landmark COA
KCC Chartering, a subsidiary of Klaveness Combination Carriers (KCC), and Raizen, a Brazilian energy company, have signed a three-year contract…
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Bunkering
Bunker merger creates Baseblue
MS United Bunkers, Bunkernet, and SBI bunkering have entered into a definitive merger agreement to create Baseblue. Described as a…
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Operations
Seafarer survey launches
A new seafarer survey is launching designed to investigate what the most important contributing factors are to making shipping a…
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Containers
HMM orders nine methanol-fuelled boxships
South Korean flagship carrier HMM is the latest container line to move for methanol-fuelled tonnage, announcing today orders for nine…
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Finance and Insurance
Bangladesh Shipping Corporation to receive $22.48m pay-out for vessel hit by rocket in Ukraine
State-run Bangladesh Shipping Corporation will get a $22.48m pay-out from insurers over its abandoned bulk carrier, , which has been…
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Greater China
COSCO forms the China Electric Ship Innovation Alliance
China’s largest shipping entity, COSCO, has formed the China Electric Ship Innovation Alliance. Top national authorities and more than 80…
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Tankers
PDVSA lines up aframax orders in Iran
Venezuela’s state-run energy firm PDVSA has set aside a total of $67.5m to order two aframax tankers in Iran, according…
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