News Flash

Baltic index rises on strong capesize demand

The Baltic Exchange's dry bulk sea freight index. BADI, which tracks rates for ships carrying dry bulk commodities, rose on...
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Boxship Orders Surpass Last Year to Reach Third Highest in Past 20 Years

The appetite for new containerships remains high reports BIMCO in its latest market analysis. The trade group highlights that orders...
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U.S. and UK Are Sidelining Fleet Auxiliary Ships Because of Crew Shortages

Both the Royal Navy's Royal Fleet Auxiliary and the U.S. Navy's Military Sealift Command are sidelining some of their ships...
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Kongsberg Maritime’s rim-drive thruster achieves Silent-E notation for quieter offshore operations

Kongsberg Maritime’s rim-drive azimuth thruster has achieved Silent-E notation from DNV, the first of its kind to receive this prestigious...
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First LR class notation for onboard carbon capture system assigned to Eastern Pacific Shipping tanker

Lloyd’s Register (LR) has assigned its first class notation for carbon capture onboard a ship to Eastern Pacific Shipping (EPS)-owned...
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Port Houston container volume down 5% in July 2024

Port Houston recorded a 5% decrease in container volume in July 2024 compared to the same month last year, handling...
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RS completes review of a multipurpose nuclear support vessel design

These vessels have not been designed for about 50 years, RS says The Russian Maritime Register of Shipping (RS) has...
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Royal Caribbean signs agreement with Meyer Turku for the next Icon Class ship

Royal Caribbean Group has signed an agreement with Finnish shipbuilder Meyer Turku to order a fourth Icon Class ship for...
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Bunker suppliers in Japan brace for Typhoon Shanshan impact

Bunker deliveries at several Japanese ports may be disrupted starting tomorrow due to Typhoon Shanshan, according to Engine Technologies. The...
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Several trade agreements signed between Panama and China

On Monday, August 26, several trade agreements were signed between companies from China and Panama, according to Newsroom Panama. The...
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Indian Port Workers Call Off Strike, Agree New Wage Deal

Nearly 20,000 workers across major Indian ports, who had threatened to go on an indefinite strike from Wednesday, called off...
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CMA CGM takes delivery of last 13,000 TEU LNG dual-fuel containership from Hudong-Zhonghua Shipbuilding

The sixth and final 13,000 TEU LNG dual-fuel containership built by Hudong-Zhonghua Shipbuilding in China has been delivered to French...
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Colon Container Terminal receives 12 new rubber-tyred hybrid gantry cranes

Colon Container Terminal (CCT) has taken a significant step towards sustainability and modernization of its operations with the incorporation of...
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Egypt to form maritime transport fleet of 36 ships by 2030

Egypt intends to form a maritime transport fleet of 36 vessels by 2030, Asharq Business reported, citing Deputy Minister of...
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Methanex completes the first ship-to-ship methanol bunkering demonstration in the Caribbean

Methanex Corporation (Methanex) and its subsidiary, Waterfront Shipping, completed the first ship-to-ship methanol bunkering demonstration in the Caribbean, according to...
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Landmark deal between Wärtsilä and Eidesvik Offshore pioneers growing demand for ammonia in shipping

Wärtsilä partners with Norwegian ship owner, Eidesvik, on world’s first ammonia-fuelled platform supply vessel conversion Technology group Wärtsilä has signed...
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Capital Clean Energy Carriers Corp. Announces Completion of Corporate Conversion, Change of Name, Corporate Logo and Nasdaq Ticker

Capital Clean Energy Carriers Corp. (“CCEC”, “we” or “us”) (NASDAQ: CCEC), an international owner of ocean-going vessels, announces today completion...
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U.S. Not Done Targeting Russian LNG: ‘We Will Keep Tightening The Screws’

As part of a sweeping sanctions package announced on Friday the U.S. State Department targets around one percent of the...
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Panama Canal Plans Reservoir Expansion to Combat Next Drought

The Panama Canal expects to be ready to combat a possible new drought, which could hit the world’s second-largest waterway...
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U.S. Container Ports See Significant Growth in Inbound Volumes

The ten largest container ports in the United States experienced “striking” growth in year-over-year inbound cargo volumes in July, according...
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