News Flash

Seanergy Takes Delivery Of Two Capesize Vessels With Prompt Commencement Of Period Charters

Seanergy Maritime Holdings Corp. reported the delivery of two previously-announced Capesize vessel acquisitions. The first vessel is a 181,709 dwt...
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Spain Accedes To Hong Kong Convention On Recycling, Remains Short Of Ratification

Spain has acceded to the IMO treaty Hong Kong Convention on ship recycling which remains short of the required levels...
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Norway Boosts Funding For GreenVoyage2050 Project

The IMO-Norway GreenVoyage2050 Project has received 14.5 million NOK (USD 1.75 million) in additional funding to continue assisting developing countries...
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Vitol Bunkers Launches Green Bunker Fuels Offering

Vitol Bunkers today announces the launch of Green Bunker Fuels for customers looking to mitigate their carbon emissions. Vitol Bunkers...
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MODEC To Deliver Largest FPSO To Brazil

Japanese FPSO operator MODEC has firmed up a contract award with Equinor to deliver one of the largest FPSOs ever...
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New Ro-Ro Terminal In Mobile, Alabama Starts Operations

The port of Mobile in the US state of Alabama has started operations of a new $60m- ro-ro terminal including...
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ONE Adds Yantian Reefer Surcharge, Maersk Says Delays Of 16 Days Plus

As congestion at South China ports grows due to Covid prevention measures and lines reroute services Ocean Network Express has...
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With Private Support, India Provides COVID Vaccinations For Seafarers

As India works to overcome a recent devastating second wave of COVID-19 the government working with private organizations is working...
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Shell sells Cardissa LNG bunker to Pan Ocean

Netherlands-based energy giant Shell has sold Cardissa, its first LNG bunkering vessel (LNGVB), to South Korean shipping company Pan Ocean....
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Dutch Gov’t Awards Over $2.5 BLN To Porthos Carbon Capture Project

The Dutch government has awarded almost half of its 2021 annual budget for sustainable projects to what will be one...
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ENGINE: East Of Suez Bunker Fuel Availability Outlook

Lead times have been steady in Singapore for all three main fuel grades in the past week, and VLSFO supply...
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Baltic Index Slides For 10th Session As Capesize Rates Fall

The Baltic exchange’s main sea freight index slipped for the tenth straight session on Tuesday, pressured by a decline in...
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Dry bulk: Capesize Driven To 2-Month Low By Excess Tonnage, Slow Demand

The Capesize market has retreated sharply after crossing the key $40,000/day mark in early May as mining majors, trading houses...
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Asian Ports Refuse To Accept Containership Whose Captain Died Of COVID-19

Evergreen containership Ital Libera, whose Master died of COVID-19, is diverting to Europe as no ports in Asia will accept...
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Crowley First US Shipping Company To Join Ship Recycling Transparency Initiative

Crowley Maritime Corporation has become the first US-owned and that will publicly disclose its ship recycling policies, practices and process...
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Costamare’s Bond Issue Shows That Financing Can Be Found, But Scale Is Ever More Important Today

With financing being harder to raise, ship owners are actively looking at alternative sources of capital raising. Costamare did so...
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Autonomous Ships Given Regulatory Guidance

Finalisation of the International Maritime Organization’s scoping exercise for autonomous ship safety crystallises the direction and scale of the regulatory...
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Supercycle, What Supercycle? China’s Commodity Imports Fail To Impress

The bullish shine surrounding commodities may have lost some of its lustre, with imports in May by top buyer China...
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Ardmore Shipping Announces Definitive Agreements On Strategic Investment In Element 1 Corp., Establishment Of E1 Marine Joint Venture, And Preferred Stock Financing

Ardmore Shipping Corporation announced that it has entered into definitive agreements for the previously announced strategic investment into Element 1...
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Trafigura, Yara To Jointly Pursue Clean Ammonia Opportunities

Singaporean/Swiss commodity trading company Trafigura and Norway-based ammonia player Yara International have signed a memorandum of understanding (MOU) to collaborate...
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