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Greater China
New Chinese car carrier JV launches
China has another new car carrier joint venture. The nation which registered the fastest growth in car exports last year…
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Operations
ISWAN welcomes Karin Orsel as new chair
Shipping CEO and diversity and inclusivity advocate Karin Orsel has been announced as the new chair of international maritime charity…
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Tech
Teledyne acquires ChartWorld
New York-listed Teledyne Technologies has acquired Cyprus-headquartered navigation specialist ChartWorld International. Terms of the transactions have not been disclosed. “ChartWorld’s…
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Gas
Germany welcomes first US LNG shipment
This week Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to a new LNG terminal, operated by…
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Gas
GTT halts business in Russia
France’s Gaztransport & Technigaz (GTT) has stopped doing business in Russia after analysing the latest European sanction packages which include…
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Europe
Maersk completes acquisition of Martin Bencher Group
A.P. Moller – Maersk has completed its $61m acquisition of Martin Bencher Group, a Danish project logistics firm. Martin Bencher…
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Shipyards
Korean yards bring in foreign talent
Seoul has eased visa requirements for foreign shipyard workers as the nation embarks on a very busy couple of years…
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Ports and Logistics
CMA Terminals divests Russian holdings
CMA CGM has come up with a deal to divest its interests held in Russian ports with Global Ports. The…
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Shipyards
Oshima will start construction of first bulk carrier at newly acquired yard in April
Japan’s Oshima Shipbuilding has completed the takeover of Mitsubishi Heavy Industries’s Nagasaki Shipyard & Machinery Works (Koyagi), with plans to…
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Gas
Seaspeak completes Evergas acquisition
Seapeak, formerly Teekay LNG Partners, has completed its deal to acquire Danish gas shipping company Evergas for $700m in cash.…
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Greater China
Shipping hit by soaring cases of covid in China
Ships are backing up along the Chinese coastline as soaring cases of covid take out port staff. With China easing…
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Regulatory
BIMCO responds to criticism of its CII charter clause
Following widespread criticism from a host of shipping heavyweights this week over its Carbon Intensity Indicator operations clause for time…
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Ports and Logistics
MSC completes takeover of Bolloré Africa Logistics
MSC Group has completed the multi-billion dollar acquisition of Bolloré Africa Logistics. MSC will operate Bolloré Africa Logistics Group as…
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Asia
Soga to take charge at NYK
Takaya Soga, 63, has been promoted to become president at one of Japan’s premier shipping lines, Nippon Yusen Kaisha (NYK).…
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Tankers
Shareholders back Frontline’s move to Cyprus
Shareholders have backed John Fredriksen’s plans to redomicile Frontline from Bermuda to Cyprus. Iris House at 8, John Kennedy Street…
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Shipyards
Hanwha seals DSME takeover
The Korea Development Bank (KDB) has announced that Hanwha Group officially acquired Daewoo Shipbuilding & Marine Engineering (DSME) in a…
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Gas
MOL and GAIL strengthen gas partnership
Japan’s Mitsui OSK Lines (MOL) GAIL, India’s largest public utility, have signed a time charter contract for a newbuilding LNG…
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Gas
Record 170 LNG carriers ordered in 2022
Spectacular ordering in the LNG sector has dominated shipyard news in 2022. Clarksons Research has tallied a record total of…
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Environment
Little concrete outcome from last week’s MEPC
Last week’s 79th gathering of the Marine Environment Protection Committee (MEPC) at the London headquarters of the International Maritime Organization…
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Greater China
2022: The year shipping made do without China
Shipping is never dull, and the moment you feel it might be is probably the time to seek a different…
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