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Germany builds up LNG import terminals
Germany is expanding its natural gas import options to replace Russian supply, a drive intensified by the latest suspension of...
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World’s Largest Sail Cargo Ship Neoliner Origin hits the water in Turkey
the Neoliner Origin – the world’s largest cargo ship to be powered primarily by sails – left its slipway at...
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Tank-based reporting: simplifying biofuel tracking and compliance
Managing fuel storage and segregation is a delicate dance on tanker vessels. The typical fuel grades carried include Very Low...
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Ocean container freight rates to fall further in February following Middle East ceasefire as carriers take action to slow market decline
Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in February – with carriers...
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Suez Canal Authority urges return of shipping companies as Houthis halt attacks
The Suez Canal Authority has urged shipping companies to resume using the key Egyptian waterway connecting Asia and Europe, citing...
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Asia-US container rates edge lower on LNY slowdown, roll out of new alliances
Rates for shipping containers from east Asia and China to the US ticked slightly lower this week, while global average...
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India: Budget unveils mega shipbuilding plan, eyes larger private investment
The government unveiled a mega plan on Saturday to develop India into a shipbuilding hub, along the lines of Japan...
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With Panama Canal-U.S. tensions rising, ‘all options on the table,’ warns Trump’s top maritime official
President Donald Trump’s newly appointed head of the Federal Maritime Commission Louis Sola says that Panama has been inching closer...
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E2open Ocean Shipping Index Shows Geopolitical Tensions, Labor Shortages and Port Congestion Driving Significant Increases in Global Transit Times
E2open Parent Holdings, Inc., the connected supply chain SaaS platform with the largest multi-enterprise network, has published the latest edition...
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Dorian LPG Ltd. Retains Positive Market Outlook as New Export Capacity is Coming Online
Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), today reported its financial results...
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Shipowners Encouraged To Shield Against Accidents By Better Learning From Human Factors
The University of Strathclyde is encouraging ship operators, safety professionals and accident investigators to use the Safety Human Incident &...
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Traders offer March-delivery Russian oil to India at narrower discounts, sources say
Traders have resumed offers of Russian crude cargoes to Indian refiners at narrower discounts after a delay triggered by recently...
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ITS Logistics January Supply Chain Report: Recession Risks Heighten for US Economy as Consumer Confidence Decreases for Second Consecutive Month
ITS Logistics released the January ITS Supply Chain Report, revealing the U.S. economy was relatively stable last month but faced...
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Panama’s president says there will be no negotiation about ownership of canal
Panama President José Raúl Mulino said Thursday there will be no negotiation with the United States over ownership of the...
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Mitsui O.S.K. Lines: Seasonality to Keep Capesize Dry Bulk Rates Down During the First Quarter
The following is a summary of business conditions including revenue and ordinary profit/loss per business segment. (A)Dry Bulk Business The...
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Maritime shipping bunkered slightly less fuel in Rotterdam in 2024, but demand for LNG rose by 52 percent
Last year, maritime shipping bunkered 9.8 million tonnes of fuel in Rotterdam, a moderate decrease from 9.9 million tonnes in...
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Asia Fuel Oil: Hi-5 Crunches To Narrowest In More Than Five Years
Asia’s hi-5 fuel oil spread crunched to its narrowest in over five years, based on LSEG data, as the market...
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Shipowners consider preparing ships for future decarbonizing retrofits: MPC Capital
With uncertain commercial environments for alternative bunker fuels amid tightening environment regulations, some shipowners with conventional vessel orders are planning...
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McQuilling Services Tanker Market Outlook Sees Base Case Call For 2025 TCEs at $51,600/day for VLCCs
McQuilling Services is pleased to announce the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook. This 183-page report...
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Baltic index snaps 13-day losing streak on larger vessel gains
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a thirteen-day...
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