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China Launches One Of The Most Energy Efficient VLCCs
One of the most advanced and energy efficient VLCCs ever built in China is now operational following extensive surveys by...
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Korea Secures 94% Of Global LNG Tanker Orders In 1st Half
The Korean shipbuilding industry has secured 94 percent of the global orders for LNG tankers, a high value-added ship, in...
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Cosco Shipping Orders 10 Boxships For $1.5bn
Cosco Shipping Holdings has ordered $1.5bn worth of containerships from Cosco Shipping Heavy Industry (Yangzhou). Cosco (Cayman) Mercury Co., a subsidiary of Cosco...
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International Seaways Completes Merger With Diamond S Shipping
In continued tanker shipping consolidation International Seaways has completed its merger with Diamond S Shipping. The combined company will continue...
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Port Of Oakland Container Volumes Rise 11.4% On Year In H1 2021
Container volumes handled by the Port of Oakland in the first six months of 2021 increased by 11.4% over the...
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Volkswagen Adds Four LNG-Powered Car Carrier Newbuilds
Volkswagen Group Logistics is adding four LNG-powered car carriers for fleet after the first two LNG car carriers entered service...
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Could A Nuclear-Powered Cargo Ship Transit The Suez Canal?
Ongoing research into small-scale nuclear energy conversion has advanced to greatly increase safety with the development of sodium-cooled reactors and...
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India’s June Oil Imports Hit Their Lowest In 9 Months
India’s imports in June fell to their lowest in nine months, as refiners curtailed purchases amid higher fuel inventories due...
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Aker Acquires R&D Company Prototech
Aker has announced that Aker Capital has acquired the Norwegian technology and research and development (R&D) company Prototech. The acquisition...
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Saudi Global Ports Upgrades Terminals In King Abdulaziz Port Dammam
Saudi Global Ports (SGP) has begun the first phase of its upgrading and development programme at First and Second Container...
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SunStone Takes Delivery Of Second Eco-Friendly Expedition Ship
Florida-based expedition cruise ship owner SunStone Ships has taken delivery of the second out of seven next-generation, Infinity-class expedition cruise vessels...
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‘For Cleaner Air Tomorrow We Need To Act Now’: CMA CGM
CMA CGM has been one of the pioneers in using LNG as a marine fuel and the shipowner believes it...
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EU Should Consider Trade Impacts Of New Climate Change Mechanism
The European Union (EU) carbon border adjustment mechanism (CBAM) announced on 14 July could change trade patterns in favour of...
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New Fortress Begins Commercial Operations At LNG Receiving Terminal In Mexico
New Fortress Energy, a growing player in supplying LNG to power plants and industrial customers in the Caribbean and Latin...
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Cosco Orders 10 Boxships With A Planned $1.5B Investment To Grow Fleet
Cosco Shipping Holdings, the parent of Cosco and OOCL, became the latest among the major carriers to announce a significant...
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Shell Brings Its LNG Newbuilding Fleet To 24 Ships
Shell Tankers (Singapore) has inked new charter agreements with Knutsen LNG, Pan Ocean Co. and investors advised by J.P. Morgan...
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EU Emissions Trading For Shipping Highlights Europe And Global Shipowner Divide
The announcement of the EU’s new climate plan yesterday including paving the way for shipping to be part of the...
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Hellenic Coast Guard To Enforce COVID Rules For Ferry Passengers
The Hellenic Coast Guard will be assuming responsibility for checking passenger compliance with Greece's new COVID-19 rules for inter-island ferry...
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Wärtsilä Reports Progress, Targeting Ammonia Blend Engine This Year
As the efforts continue toward introducing a new generation of zero-carbon emission engines, Wärtsilä is reporting that that has made...
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Seanergy Announces New Time Charter Agreement And New Financing Agreement Of $30.9 Million
Seanergy Maritime Holdings Corp. reported yesterday that, taking advantage of the current strong market conditions, it has fixed one more...
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