Sector
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Research questions the validity of slow steaming’s green claims
Three shipping professors have revisited the science behind slow steaming and are questioning the validity of the green claims championed…
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Maritime’s new normal as seen from the C-suite
Jorn Annweiler from advisory firm Maritime Partners shares a few findings from a just published research study on the Covid-19…
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Oldendorff snaps up Tata capesize trio in $213m deal that includes COA
German dry bulk giant Oldendorff Carriers has agreed a package deal with Singapore-based Trust Energy Resources, a subsidiary of Tata…
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Salmar enters suezmax sector with SKS tanker acquisition
Greek tanker owner Salmar Shipping has acquired the 2003-built suezmax tanker from Norwegian owner SKS Tankers, a tanker unit of…
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Nippon Foundation brings Japan Inc together to lead autonomous shipping debate
Japan Inc is coming together to try and provide leadership in the domain of autonomous shipping. The Nippon Foundation, a…
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Shanghai Bestway secures major jackup rig order during restructuring
Shanghai Bestway Marine Engineering Design has announced that its subsidiary yard Dajin Heavy Industry has secured a newbuild order from…
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Saudi Aramco suspends Shelf Drilling jackup contract
UAE-based drilling rig operator Shelf Drilling has announced that has received a notification from its customer to suspend operations for…
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Time to invest in our common bond
Budrus Laivas tackles the Blacks Lives Matter protests in the context of shipping. Our common bond is our human experience…
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State-run player completes restructuring of Zhoushan Penglai Shipyard
State-run enterprise Ningbo Ningshing Group has completed the restructuring of bankrupt Zhoushan Penglai Shipyard and rebranded the yard as Ningshing…
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ESL Shipping adopts biogas fuel for bulk carrier
Finnish bulk carrier operator ESL Shipping has announced that company has adopted renewable liquefied biogas (LBG) to fuel one of…
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Stellar Banner scuttling caught on dramatic video
The four-year-old giant sank to the bottom of the Atlantic today, its departure to the ocean floor captured on video.…
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New Zealand makes crew change concessions
New Zealand, one of the countries with the best records in tackling the coronavirus pandemic, is making changes to its…
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Covid-19 slows the spread of environmental regulation
For all the debate in recent months on whether the ongoing pandemic will stymie or accelerate shipping’s decarbonisation path, there…
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New study stresses shipping must retrofit today rather than count on next generation of vessels to meet carbon targets
New climate research has stated that urgent action on emissions from existing ships is the key to tackling shipping’s impact…
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Euronav lashes ‘lethargic’ international response to the humanitarian crisis at sea
Euronav, one of the world’s largest tanker operators, has hit out at the “lethargic” reaction by many governments around the…
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Aker Capital injects cash into Ocean Yield via joint venture deal
Kjell Inge Røkke’s Aker Capital, the majority shareholder of Ocean Yield, has injected cash into the shipowning company with the…
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Team Tankers to delist
Team Tankers International is convening a special general meeting of shareholders on July 13 to push ahead with plans to…
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Descartes Systems acquires Kontainers
Descartes Systems, a Canadian logistics software service provider, has announced that it has acquired Cracking Logistics, which is trading under…
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Perenco closes in on asset play for its only VLCC
French oil and gas player Perenco is attempting a giant asset play, a rare move by the vintage tanker specialist.…
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Diana Shipping newcastlemax gets pay rise with new Engelhart fixture
Greek dry bulk owner Diana Shipping has managed to fix one of its newcastlemax bulkers at a higher price than…
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