Editor’s Picks
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Greater China
Cosco and China Shipping merger announcement due within one month
Both Cosco and China Shipping, via their Hong Kong-listed subsidiaries, have intimated that their proposed merger news will be revealed…
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Europe
Augusta Due: Hold and consolidate
Rome: The recent improvement experienced in seafreight rates for tankers is helping some shipping companies to recover from their complex…
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Asia
Dry bulk market to remain weak for at least two more years
At a coal and freight seminar yesterday hosted by the Singapore Exchange and IHS, delegates heard how coking coal is…
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Contributions
TPP: Help for shipping or another mirage?
The Trans-Pacific Partnership (TPP) would at first glance appear to increase trade and thereby be beneficial to shipping. However, a…
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Environment
ICS fires back at OECD’s carbon tax proposals
The International Chamber of Shipping (ICS) has hit back at suggestions from the International Transport Forum that a carbon charge…
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Environment
OECD in favour of carbon tax for shipping
The International Transport Forum came out yesterday in favour of a carbon tax for shipping and very swingeing goals for…
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Contributions
Copper is still king. So is China
The shipping industry still looks to commodities as barometers of its own future, and the global economy, generally. Copper is…
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Regulatory
‘Unilateral economic disarmament’: Australian cabotage changes attacked
Plans by the ruling Liberal Party to change cabotage laws have sparked another angry protest, this time in the House…
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Containers
Major shipping lines to cut surcharges in China
China’s National Development and Reform Commission (NDRC) has announced that it has received letters from a number of major shipping…
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Europe
Morits Skaugen blasts MAN for its Volkswagen-style engine testing
Telephones at Norwegian shipowner IM Skaugen rang off the hook today as the company’s CEO brought up an old case…
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Dry Cargo
Economou’s DryShips offloading 17 ships
George Economou is actively marketing more bulkers for sale. Brokers confirm to Splash that a total of 15 panamaxes and…
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Containers
Hapag-Lloyd continuing with IPO plans despite uncertain market conditions
Despite choppy investor sentiment at present and dire rates on many container tradelanes, German boxline Hapag-Lloyd is sticking to its…
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Greater China
Zhenghe Shipbuilding seeks new investors to rescue yard
Defunct Zhenghe Shipbuilding, a subsidiary of Qingdao Zhenghe Shipping, has made an announcement that it is looking for new investors…
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Americas
Cost of Petrobras corruption scandal could be $3bn more than estimated
Petrobras’ estimation of the financial losses it suffered because of corruption could be only 40% of the real damage, said…
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Asia
IRISL readies slew of vessel orders, looking at boxline JVs
Mohammad Saeidi, chairman of Islamic Republic of Iran Shipping Lines (IRISL), has told Splash of his company’s massive fleet expansion…
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Americas
The El Faro blame game begins
It is said that the struggle to improve on safety at sea “progresses from sinking to sinking”. It is likely…
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Greater China
‘Some of the designs coming out of China have been pretty poor’: Stopford
Speaking in familiar territory Clarkson’s Dr Martin Stopford upbraided the shipping industry this morning as keynote speaker at the Danish…
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Europe
Wärtsilä: New CEO outlines plans
Shanghai: In one week’s time Jaako Eskola will leave Shanghai after six years to return home to Finland where the…
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Europe
Shipping must prepare for new media landscape and ‘the tyranny of real time’
The shipping industry needs to get its head around the dramatically altered media landscape very fast or face the wrath…
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Asia
Daiichi Chuo rehabilitation process gets underway
Yesterday saw a Japanese court give Daiichi Chuo Kisen Kaisha the go ahead to start its rehabilitation process. The bulker…
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