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Environment
British rotor sail manufacturer ties with COSCO’s shipyard division
Anemoi Marine Technologies, a UK provider of rotor sails, has reached an agreement with COSCO Shipping Heavy Industry (CHI), one…
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Environment
Stena Bulk joins project to demonstrate end-to-end shipboard carbon capture at scale
The Global Centre for Maritime Decarbonisation (GCMD), the Oil and Gas Climate Initiative (OGCI) and Stena Bulk today initiated the…
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Containers
Alibaba-linked Transfar readies for its largest fleet expansion
Singapore-registered, Alibaba-linked Transfar Shipping is gearing up for its most significant expansion to date. Transfar at the beginning of last…
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Tankers
Tanker sales proliferate as EU deadline on Russian oil nears
Vintage tankers, typically ready for the scrapyards, are changing hands for future trading in record numbers and at eye-catching prices…
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Containers
Volume of blank sailings deemed insufficient to stem box rate decline
Carriers are taking services out of the transpacific, and this year’s first boxship scrap candidates have emerged as container shipping…
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Europe
Macron’s right-hand man investigated over his ties to MSC
In a long running investigation, prosecutors in France have said they will pursue Alexis Kohler, Emmanuel Macron’s chief of staff,…
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Containers
APL presses ahead with lawsuit against Matson
CMA CGM subsidiary APL has been allowed by a federal judge in Washington DC to move ahead with an antitrust…
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Tankers
Lomar completes $160m acquisition of Carl Büttner
Lomar Shipping, a maritime subsidiary of Libra Group, has acquired Bremen-based Carl Büttner Holding, paying $160m to take over the…
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Finance and Insurance
Mudit Paliwal brews up path to the Nasdaq
Mudit Paliwal-led Delta Corp Holdings has brewed up a way to the Nasdaq, announcing plans to merge with listed Coffee…
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Environment
NYK boss outlines decarbonisation growth strategy
The head of Nippon Yusen Kaisha (NYK), one of the world’s largest shipping companies, has revealed the size of his…
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Environment
Deadline set to remove bulker wreck off Gibraltar
Gibraltar authorities have given salvors until the end of May next year to remove the wreck of the , a…
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Ports and Logistics
BNSF to build new integrated rail complex in southern California
In a bid to slash congestion around the ports of Los Angeles and Long Beach, BNSF Railway will invest more…
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Ports and Logistics
Guangzhou readies $1bn Nansha port expansion
Guangzhou Port Group will spend more than $1bn building 500,000 teu of extra berth capacity at its flagship terminals in…
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Containers
Box contract rates fall
The latest data from the Xeneta Shipping Index reveals long-term contracted rates fell by 1.1% in September. This is the…
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Dry Cargo
Valemaxes are squeezing capes for Brazilian iron ore exports
The valemax fleet is taking an ever greater chunk of iron ore exports out of Brazil at the expense of…
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Regulatory
Jones Act waiver issued for tanker off Puerto Rico
Hurricane-devastated Puerto Rico will receive a temporary waiver from the 1920 federal maritime law known as the Jones Act, according…
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Finance and Insurance
Pelagic Partners comes onboard giant new Saudi fund
Saudi Arabian shipyard International Maritime Industries (IMI) has created a giant new shipping fund in Cyprus to be managed by…
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Operations
World Maritime Day: Keep seafarers in mind when developing shipping technology
On World Maritime Day shipping has been reminded to keep seafarers in mind when developing shipping technology. The theme created…
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Containers
Maersk remains the only investment-grade credit in the container shipping space
According to Drewry analysis, which includes a forecast for 2023, in just three years, the container shipping industry will have…
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Americas
Hurricane Fiona whips up Jones Act storm
A hurricane has whipped up a swell of Jones Act fury in the US with energy major BP in the…
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