CK Hutchison Holdings’ sale of its 90% interest in the Panama Ports Company, including two crucial Panama Canal ports, could be on hold, according to sources close to the Hong Kong-based firm. The BlackRock-led consortium was said to have agreed essential terms with...

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As the United States implements a policy imposing millions of dollars in fees on Chinese vessels and shipping companies traveling to and from its ports, there have been instances of canceled orders for Chinese vessels. Analysts suggest that a decline in demand for...

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Europe’s ports fully support the decarbonisation efforts to be made by shipping companies to get to net-zero by 2050. While it seems that energy efficiency measures, use of onshore power supply and use of transition and renewable/low carbon fuels will allow shipping...

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While the ocean economy doubled in real terms, from USD 1.3 trillion in 1995 to USD 2.6 trillion in 2020, co-ordinated policy action is essential to safeguard its long-term prosperity and sustainability, a new OECD report finds. The OECD Ocean Economy to 2050...

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ABS Wavesight™, the ABS-affiliated Software-as-a-Service company, proudly hosted its Vision and Value Summit in Singapore. The event brought together users of ABS Wavesight software products, industry stakeholders, and regional experts for a dynamic day of...

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Wärtsilä, a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets, will introduce the Methanol Power and Control (PAC) simulation model in partnership with the Maritime Energy Training Facility (METF) and Wavelink...

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