Operations
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Rio Tinto appoints former Maersk man as its new CEO
Australian miner Rio Tinto has appointed Jakob Stausholm as chief executive, effective January 1, replacing Jean-Sébastien Jacques who will step down…
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Fire hits PIL vessel at Napier Port
A fire broke out onboard 2011-built multi-purpose vessel while it was docking at Napier Port in New Zealand today. The ship, operated…
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Latest US sanctions for assisting Iran include Chinese and Vietnamese shipping firms
The US government has added a number of companies to its sanction list for facilitating the transport and trade of…
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The year of the petty bureaucrat
2020 was the year in which shipowning companies who had not fitted scrubbers near the top of their ships’ engine…
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Weekly Broker: Busy shopping days ahead of Christmas
The secondhand tanker market has seen a great rebound in the past week with plenty of en bloc deals completed.…
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Gulf Oil Marine: Digital grease
Hong Kong-headquartered marine lubricant supplier Gulf Oil Marine is enhancing its digital technology offerings. Gulf Oil Marine was established in…
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Explosive-laden boat cited in Jeddah tanker attack
Saudi Arabia has said an explosive-laden boat was used in yesterday’s attack on Hafnia’s LR tanker at a Saudi Aramco…
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88-day opening of the Northeast Passage sets new Arctic record
Japan’s Weathernews has reviewed the ice conditions in the Arctic Ocean for 2020 and found that the Northeast Passage, the…
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Hafnia tanker at Jeddah becomes latest mine victim
, a Singapore-flagged LR1 product tanker belonging to the fleet of Hafnia, has been hit from an “external source” whilst…
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Two boxships collide near Shanghai, three dead and five missing
Two containerships collided near the Yangtze River estuary off Shanghai late on Sunday night resulting in the sinking of one…
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Korea Ocean Business Corporation to enter ship leasing
The Korea Ocean Business Corporation (KOBC), a state-run entity aimed at supporting the local shipping and shipbuilding industry, is looking…
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S’hail Shipping adds another bulker to MaruKlav pool
S’hail Shipping has placed a sixth vessel into MaruKlav’s Baumarine Pool, adding the 2007-built panamax bulker which it recently acquired…
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China Merchants forms strategic partnership with China Minmetals
China Merchants Group has signed a framework agreement to form a strategic partnership with China Minmetals Corporation to start a…
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Cosco sells major stake in Cosco Shipping Leasing to state fund
Cosco Shipping Development has announced that it has entered into an agreement with Chengtong Fund Management to sell a 35.22%…
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HNA makes shipowning return with double cape swoop
HNA Technology, an investment vehicle of China’s HNA Group, has entered into an agreement with US-based investment firm Platinum Equity…
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ZIM’s Eli Glickman discusses shipping’s new normal in latest Maritime CEO magazine
2020’s final Maritime CEO issue sees Eli Glickman, CEO of Israeli carrier ZIM, on the cover. Glickman has presided over…
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BBG and Harren & Partner team up on bulkers
Bremer Bereederungsgesellschaft (BBG) and Harren & Partner are combining their fleets and networks in the bulker segment to form Harren…
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Two commendable aspects arising from the ONE Apus box collapse
It’s clearly the most talked about, eagerly viewed shipping story of the month, but there are two commendable things I’d…
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UN-backed green hydrogen moonshot aims to make fuel commercially viable by 2026
Seven big big names in renewables have clubbed together in a United Nations-backed moonshot to get green hydrogen prices down…
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Swedish consortium develops AI-powered ship operation support system
A group of Swedish technology entrepreneurs and academics have joined forces to accelerate the research and development of an artificial…
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