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Analysis: Here’s what the pay hike that US port workers fought for looks like in context
by Eric Priante Martin on 4 October 2024 at 8:03 pm
No one docker will get rich off their $4-per-year hourly pay hike, and it’s still below West Coast pay
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Wavelength podcast: One year to regulatory certainty as IMO carbon talks reach final lap
on 4 October 2024 at 8:01 pm
LNG bunker vessel demand and the ESG scorecard that makes US-listed shipowners either worried or happy
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Analysis: Negotiators wrestling with IMO climate talks begin to see common ground
by Craig Eason on 4 October 2024 at 5:03 pm
IMO climate agreement inches closer with clear options on the table
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IMO talks edge closer to landmark deal to cut shipping’s carbon emissions
by Julian Bray on 4 October 2024 at 4:26 pm
Negotiations in London this week provide optimism on climate change action, with warnings patience will be needed head of final decision
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No-nonsense judge seeks early end to Baltimore bridge liability battle
by Paul Peachey on 4 October 2024 at 4:17 pm
Judge says the multi-billion-dollar question over shipowner liability will be addressed first in complex legal case
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Belships and Diana Shipping fix ultramax bulkers on period contracts as spot market fails to inspire
by Holly Birkett on 4 October 2024 at 3:45 pm
Public owners secure one-year fixtures that have been rare in the market
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Kawasaki blames engine tampering on organisational dysfunction and lack of customer perspective
by Craig Eason on 4 October 2024 at 3:28 pm
The Japanese giant has admitted to tampering with engines built under license for international tonnage
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Investors flee Zim shares on news of settlement in US port strike
by Joe Brady on 4 October 2024 at 3:24 pm
Heavy trading in New York as liner operator gives up last of disruption premium
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Greece’s most prolific MR tanker buyer strikes again with two new acquisitions
by Harry Papachristou on 4 October 2024 at 1:21 pm
Greek shipowner and serial buyer snaps up 22 tankers in two years
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Fire alarm raised as container ships suffer streak of hard-to-tackle charcoal blazes
by Paul Peachey on 4 October 2024 at 12:23 pm
Lightweight fuel is frequently misdeclared to avoid bureaucracy and cost for shippers
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Stolt-Nielsen a good bet as crude and product tankers swing back to own markets
by Gary Dixon on 4 October 2024 at 12:22 pm
Clarksons Securities sees reversal of cannibalisation trend as good news for chemical carriers
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Mercuria boosts tanker bet with six-ship order in China
by Gary Dixon on 4 October 2024 at 11:33 am
Swiss trader said to have made third newbuilding move this year
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Europe hits out at Chinese EV makers and car carrier market-makers with tariffs
by Matt Coyne on 4 October 2024 at 10:59 am
Fees as high as 35.3% will be imposed
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New record shaping up for 2024 Northern Sea Route transits
by Lucy Hine on 4 October 2024 at 10:56 am
But abundance of sea ice could bring early end to non-ice-class traffic for this year
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Aquavita shaves money off Diana Shipping post-panamax bulker charter
by Gary Dixon on 4 October 2024 at 10:54 am
Greek charterer keeps Phaidra period deal running at lower rates
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Opec decision to focus on market share tipped to create six-figure VLCC frenzy
by Matt Coyne on 4 October 2024 at 10:17 am
Strong market could last two years, Jefferies analyst Omar Nokta says
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Oaktree cuts Torm stake after finding buyer for latest big share chunk
by Gary Dixon on 4 October 2024 at 9:46 am
US private equity giant is likely to have banked around $120m
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Shipowner Harald Moraeus-Hanssen splashes container ship cash on new tankers and bulkers
by Irene Ang on 4 October 2024 at 9:08 am
Norwegian investor reinvests proceeds from container ships into new ultramax bulkers, LR2 and chemical tankers
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‘Avoid Iran,’ India warns shipowners as Middle East crisis hots up
by Paul Peachey on 4 October 2024 at 8:48 am
Companies advised to move crew changes and reschedule discharge operations
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CMA CGM vessel damaged after crashing into quay in Colombia
by Gary Dixon on 4 October 2024 at 8:30 am
Boxship suffered machinery failure, port captain says
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Maersk and Hapag-Lloyd shares crash as historic US port strike ends
by Jonas Walsgård on 4 October 2024 at 8:12 am
Major European lines see stocks crash around 10% after US dockers agree to return to work
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Teekay Corp tightens grip on Teekay Tankers in $29m share deal
by Gary Dixon on 4 October 2024 at 8:00 am
Filing reveals parent acquired more ‘A’ shares, bringing stake to 54%
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Owner of stranded bulker carrying potentially explosive cargo blames media coverage for port snubs
by Gary Dixon on 4 October 2024 at 7:45 am
The Ruby remains anchored off UK with nowhere to go
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Attack on Ukraine grain ship blamed on poor targeting procedures from Russian pilots using ageing munitions
by Harry Papachristou on 4 October 2024 at 7:30 am
UK sheds light on mysterious Black Sea incident
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Tanker owners bullish and rates rise as Libyan terminals come back to life
by Gary Dixon on 4 October 2024 at 7:20 am
Output is expected to soar after resolution of row over control of oil revenues
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Broker-turned-owner plots extra deals after putting Risor back on the shipping map
by Jonas Walsgård on 4 October 2024 at 5:59 am
Two-vessel dry bulk/general cargo outfit is eyeing growth in Europe’s short sea market
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PascoGas orders two midsize LPG carriers at South Korean shipbuilder HD Mipo
by Irene Ang on 4 October 2024 at 5:04 am
Turkish owner is believed to be paying $83.5m each for pair
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Port strike ends after union and employers reach tentative deal
by Eric Priante Martin on 4 October 2024 at 12:37 am
Agreement extends contract covering US East Coast and Gulf of Mexico ports until 15 January
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Video: Houthi footage shows sea drone attack on Ultrapetrol tanker in Red Sea
by Eric Priante Martin on 4 October 2024 at 12:28 am
Footage offers new perspective on strike on Cordelia Moon a day after another video showed armed guards firing on unmanned attack boat
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Eastern Pacific newbuilding order extends drive into new breed of ethane carrier
by Irene Ang on 3 October 2024 at 9:57 pm
Order is the second ULEC contract Eastern Pacific has inked in two months
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Should Genco Shipping sell the company? An analyst chimes in and management reacts
by Joe Brady on 3 October 2024 at 7:52 pm
Chief executive John Wobensmith has some choice words after research note left him ‘surprised’
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Webber’s ESG Scorecard: Genco reigns, CMB.Tech tumbles and Imperial Petroleum lags
by Joe Brady on 3 October 2024 at 7:26 pm
This week’s Streetwise previews release of Michael Webber’s annual list of shipping’s naughty and nice
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Aframax and suezmax tanker rates jump more than 23% in a day as US Gulf Coast enquiry surges
by Eric Priante Martin on 3 October 2024 at 6:10 pm
Broker says hunger for aframaxes lifts larger cousins in the Atlantic
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Daggett complains of death threats and harassment as union leader comes under scrutiny
by Eric Priante Martin on 3 October 2024 at 4:31 pm
ILA boss complains that newspaper published his address with photos of his pool, Bentley and outdoor pizza oven
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Freight buyers alliance that includes Amazon and Ikea targets e-fuels for next boxship tender
by Ian Lewis on 3 October 2024 at 4:08 pm
Study suggests sufficient supplies of e-methanol and e-methanol vessels will soon be available
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CMA CGM declares force majeure over US ports strike, passing costs on to customers
by Eric Priante Martin on 3 October 2024 at 3:05 pm
French liner operator levies daily fees for refrigerated cargo and chassis
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Thenamaris banks big gain on capesize bought in and flipped to China
by Harry Papachristou on 3 October 2024 at 1:45 pm
Major Greek owner sells former Greathorse bulker in deal with unknown Chinese buyer
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Dark fleet tankers ‘spill 5,400 barrels’ during Middle East oil transfer
by Gary Dixon on 3 October 2024 at 1:15 pm
TankerTrackers says such pollution incidents happen regularly but go unreported
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Ramlosa Shipping targets $2.6m equity raise and Stockholm listing
by Jonas Walsgård on 3 October 2024 at 1:00 pm
Shipowner has holdings in three vessels
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Capesize cannibals: Ageing capesize fleet poses risks to dry bulk trades, says SSY
by Holly Birkett on 3 October 2024 at 12:45 pm
Ageing fleet means that just too many old-age bulkers will be competing for cargo, according to SSY research
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Iran trade crackdown targets flag-hopping ships after US sanctions seven vessels
by Paul Peachey on 3 October 2024 at 12:40 pm
Second-largest ship registry has been under pressure to tighten checks on sanctions-busting vessels
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Israeli explosives cargo on German ship draws fire of Amnesty International
by Gary Dixon on 3 October 2024 at 11:34 am
UN claims Lubeca Marine’s Kathrin is carrying eight containers of components for bombs and missiles
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John Bassadone extends shipowning drive with four-tanker newbuilding order
by Joe Brady on 3 October 2024 at 10:54 am
High-spec methanol-ready tankers to begin delivering in first half of 2025
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Middle East war fears send aframax and suezmax rates skywards
by Matt Coyne on 3 October 2024 at 10:51 am
VLCCs show more muted gains as Israel-Iran conflict sets off alarm bells
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Twenty-two rogue vessels banned from UAE waters in oil operations crackdown
by Paul Peachey on 3 October 2024 at 10:29 am
Maritime authorities warn vessels will be auctioned if they return
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Oil slick seen close to bulker that grounded from typhoon off Taiwan
by Gary Dixon on 3 October 2024 at 10:03 am
The Blue Lagoon was forced ashore by Typhoon Krathon after suffering water ingress
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Punit Oza steps up as new president of the Institute of Chartered Shipbrokers
by Rachelle Evangelista on 3 October 2024 at 9:57 am
Shipping veteran becomes first Singaporean to hold the post
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Shipping warned of ‘catastrophic damage’ risk from suspected sunken Ukrainian sea drone
by Gary Dixon on 3 October 2024 at 9:19 am
Ambrey Analytics warns vessels to post lookouts if sailing near unidentified suspicious object
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Flex LNG boosts cash pile as it closes $430m funding round at ‘very attractive terms’
by Jonas Walsgård on 3 October 2024 at 8:47 am
Owner welcomes a new international shipping bank to its banking group
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Ex-Singapore transport minister jailed for receiving gifts as a public servant
by Jonathan Boonzaier on 3 October 2024 at 8:38 am
Subramaniam Iswaran had earlier plead guilty to receiving gifts from two Singaporean businessmen
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GTT books in dozen container ships with new LNG bunker tank design
by Lucy Hine on 3 October 2024 at 8:31 am
New pressure allowance will enable LNG-fuelled ships to use shoreside power
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The restaurant that fed Lloyd’s of London: Underwriters’ bolthole under threat
by Paul Peachey on 3 October 2024 at 8:19 am
Bitter legal dispute over unpaid rent has kept insurers’ legendary lunchtime venue shuttered
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Tufton Oceanic adds $25m of profit through chemical tanker term charters
by Gary Dixon on 3 October 2024 at 7:24 am
UK shipping fund says leading operator will take over two ships for three years
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Iran ramps up tanker shipments to highest level for five years in defiance of sanctions
by Gary Dixon on 3 October 2024 at 7:10 am
Kpler logs September crude loadings at 1.92m barrels per day
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Golden Ocean renews $100m share buyback in ‘volatile’ capital markets, Peder Simonsen says
by Gary Dixon on 3 October 2024 at 6:30 am
Bulker owner has reacquired nearly $12m of its stock in past two years
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Union Maritime adds to billion-dollar order pile with extra dual-fuel product carriers
by Gary Dixon on 3 October 2024 at 6:13 am
Options declared at Fujian Mawei, Laurent Cadji-led owner confirms
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Lim scions seek bankruptcy after liquidation of failed oil empire lands them with a $3.5bn bill
by Jonathan Boonzaier on 3 October 2024 at 5:31 am
However, former oil and tanker tycoon and his children say they do not have enough assets to pay claimants
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Ship finance leaders highlight ‘less ideal environment to build ships’ with fuel uncertainties and low ship recycling
by Rachelle Evangelista,Jonathan Boonzaier on 3 October 2024 at 12:49 am
Operators cite uncertainty over alternative fuels as factor affecting fleet renewal plans
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Video claims to show Houthi sea drone hitting Ultrapetrol tanker in Red Sea
by Harry Papachristou on 2 October 2024 at 8:21 pm
Footage published on social media is in line with official description of incident that took place early on Tuesday
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Who is Harold Daggett, the F-bomb-dropping union leader who has threatened to ‘cripple’ America?
by Eric Priante Martin on 2 October 2024 at 7:51 pm
Vietnam War veteran with union in his blood puts the power of organised labour back in the spotlight
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‘Unintended’ hit: Houthis likely struck Greek bulker while chasing another vessel
by Harry Papachristou on 2 October 2024 at 5:31 pm
Modion Maritime panamax remains immobile in the Red Sea, a day after suffering damage from Houthi missile
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‘Chaos is expected’: Charter rates could rise for container ships as strike hampers key trades
by Eric Priante Martin on 2 October 2024 at 5:20 pm
Box volumes from Latin America and Europe will be hard to divert
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Panamax bulkers still waiting for market upturn as recovery pushed out to 2025
by Holly Birkett on 2 October 2024 at 4:08 pm
Third and fourth quarters are usually the seasonally strongest time of year for the segment
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US targets tanker owner over ‘oil shipments funding Houthi attacks’
by Paul Peachey on 2 October 2024 at 4:07 pm
Treasury claims two ships have hauled Iranian and Russian cargoes
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Stolt-Nielsen expects port strike to hit tank containers business
by Matt Coyne on 2 October 2024 at 4:01 pm
Exact financial impact is tough to gauge on day two of labour action
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Stolt-Nielsen’s chemical tanker earnings to fall, but how much remains to be seen
by Matt Coyne on 2 October 2024 at 3:56 pm
Chief executive Udo Lange sees a volatile market while giving a range for how much the dip can be
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MISC inks LNG carrier newbuilding pair for parent Petronas
by Lucy Hine on 2 October 2024 at 3:50 pm
Petronas subsidiary renegotiates charters with parent on five steam turbine vessels
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NNPC charters Stena Sonangol suezmaxes to supply Africa’s biggest refinery
by Gary Dixon on 2 October 2024 at 2:26 pm
Nigerian oil company needs crude for new petrol production
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VLGC rates out of US surge as $100,000 mark seen as possible
by Gary Dixon on 2 October 2024 at 1:20 pm
Analysts say arbitrage to Asia could justify bigger payday for owners
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Howe Robinson hires new S&P ‘headliner’ from Clarksons in South Korea
by Gary Dixon,Holly Birkett on 2 October 2024 at 1:09 pm
Recruit will boost Asia-Pacific presence
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Frontline shares soar in Oslo as ‘war premium’ buoys tanker equities
by Jonas Walsgård on 2 October 2024 at 12:34 pm
Attack on energy infrastructure in Iran would be net positive for crude tanker names, Pareto says
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Tanker trades set for shift as $12bn refinery starts to take shape
by Gary Dixon on 2 October 2024 at 12:04 pm
Ghana wants to reduce reliance on oil product imports
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Tankers International hires new bunker desk chief as fuels move into focus
by Lucy Hine on 2 October 2024 at 11:45 am
Specialist Stephen Robinson says now is time for tanker pooling company to ‘supercharge’ bunkering offering
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Zim stock downgraded as it rides wave of US strikes and Red Sea riches
by Andy Pierce on 2 October 2024 at 10:39 am
Jefferies cuts boxship specialist rating as impact of global events already reflected in elevated share price
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Iran closure of Hormuz Strait would be even worse for tanker shipping than Red Sea crisis
by Yannick Guerry on 2 October 2024 at 10:12 am
Few positives for tankers from any potential closure of vital sea route
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Angeliki Frangou’s Navios nets charters for two container ship newbuildings with Unifeeder
by Jonathan Boonzaier on 2 October 2024 at 9:33 am
DP World subsidiary touts the vessels’ green credentials by highlighting their ‘cutting-edge efficiency’
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Unjust and unfounded: Turkish ship services owner wins bid to lift US sanctions
by Paul Peachey on 2 October 2024 at 9:26 am
Blacklisting removed for Istanbul company and its founder after appeal over links to Russian bulker
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LNG shifts back into lead as shipping fuel of choice, DNV says
by Lucy Hine on 2 October 2024 at 9:12 am
Class society charts 24% year-on-year growth in alternative fuelling
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Embrace innovation, says Carl Schou as he retires after 16 years at Wilhelmsen Ship Management helm
by Julian Bray on 2 October 2024 at 8:31 am
Former seafarer steered manager through financial crisis, shift to Asia and major acquisitions
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Port inefficiencies blamed as Berge Bulk handysize stuck in Algeria since June
by Gary Dixon on 2 October 2024 at 8:29 am
UK-flagged ship has been severely delayed after transporting logs from Argentina
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Grampian Boaty McBoatface: Scottish shipowner North Star asks public to name new vessel
by Gary Dixon on 2 October 2024 at 8:15 am
Competition evokes memories of favourite running joke for the public and maritime industry
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MOL strikes rare order for FSRU newbuilding at Hanwha Ocean, sources say
by Lucy Hine on 2 October 2024 at 8:01 am
Floating regasification unit booked for Singapore and set to be announced later this month
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Densay Shipping makes tanker newbuilding debut as plan for ‘sizeable modern fleet’ revealed
by Irene Ang,Harry Papachristou on 2 October 2024 at 7:52 am
UAE-based outfit led by Tayfun Gunerhan picks Wuhu Shipyard for its first tanker newbuildings
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First export cargo leaves new Mexican oil refinery … on a bulker
by Gary Dixon on 2 October 2024 at 7:37 am
Turkish handysize has loaded petroleum coke from Pemex’s Olmeca plant
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Has Joe Biden’s lack of belief in key US law painted him into a corner as strikes sweep US ports?
by Eric Priante Martin on 2 October 2024 at 7:22 am
Complex political calculus favours longshoremen’s union but economic impacts could swing the balance
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Stolt-Nielsen profit powers past forecasts in strong third quarter
by Matt Coyne on 2 October 2024 at 7:09 am
Chemical tankers in its STJS pool saw rates climb more than 17%
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Gibson surges past charity distance target with series of global events
by Gary Dixon on 2 October 2024 at 6:53 am
UK-headquartered company raised $25,700 for new school in Kenya
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LNG bunker vessel orders stack up as new players move into market during active third quarter
by Lucy Hine on 2 October 2024 at 6:23 am
Strong prices are keeping a lid on large LNG carrier demand as players await next wave of new liquefaction supply
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Grieg Group celebrates 140 years as the next generations build on shipping legacy
by Jonas Walsgård on 2 October 2024 at 6:03 am
Fifth-generation shipowner Nicolai Grieg says the maritime group believes in ammonia as a future fuel and growth into new areas
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Japan’s Marubeni teams up with Norway’s Solvang on joint operation of ammonia carrier
by Irene Ang on 2 October 2024 at 4:21 am
Partnership will operate Clipper Neptun
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Singapore reveals the secret to attracting a younger generation to shipping
by Rachelle Evangelista on 2 October 2024 at 2:47 am
Singapore Maritime Foundation has found another unique yet fun way to pull the younger generation into the industry
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HD Hyundai Marine Solution targets top slot as retrofits heat up
by Lucy Hine on 2 October 2024 at 1:26 am
Ambitious South Korean engineering services provider hopes to snare its first LNG carrier-to-FSRU conversion shortly
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Provaris and Yinson aim to break CO2 carrier capacity ceiling with new order in the works
by Gary Dixon on 1 October 2024 at 11:06 pm
Strategic collaboration could end up with greenhouse gas carried on much larger ships
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Escalation: Houthis tie latest ship attacks to Lebanese invasion as Iran attacks Israel
by Eric Priante Martin on 1 October 2024 at 7:06 pm
Yemen-based militant group rhetoric shifts to voice support for Hezbollah
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Tanker stocks stage afternoon rally following Iran missile barrage on Israel
by Joe Brady on 1 October 2024 at 6:32 pm
Broader market indices were down after attack but regained some losses as damage appears limited
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Biden calls for wages hike as Trump blames for historic port strike
by Eric Priante Martin on 1 October 2024 at 5:41 pm
US president’s pro-union stance shines through as predecessor also expresses sympathy for dockworkers
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Small impact on US Gulf Coast breakbulk trade expected during port strikes
by Holly Birkett on 1 October 2024 at 4:48 pm
Industrial action affects 10 of the country’s 25 largest ports
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NYK Bulk scores court orders to seize Delta Corp assets over unpaid charter hire allegations
by Eric Priante Martin on 1 October 2024 at 3:51 pm
Lawsuit filed in Delaware as parties wage arbitration fight in London
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Harland & Wolff officially enters administration with Royal Fleet Auxiliary works at risk of moving to Spain
by Sandra Boga on 1 October 2024 at 3:50 pm
Non-trading holdings company is insolvent but key subsidiaries continue to trade
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‘Devastating consequences’: Joe Biden under pressure to use strike-busting power to end port standoff
by Eric Priante Martin on 1 October 2024 at 3:39 pm
Call from trade groups to invoke legal authority after Biden says, ‘I don’t believe in Taft-Hartley’
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Plot thickens: Poten parent BCG Group closing in on takeover of Oil Brokerage owner
by Joe Brady,Lucy Hine on 1 October 2024 at 3:15 pm
Owner’s bigger appetite described as talks take on a larger context
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Scorpio Tankers confirms $73.5m sale of product carrier as lucrative disposals extend
by Joe Brady on 1 October 2024 at 2:51 pm
Monaco-based product tanker giant has been selling at NAV and buying shares at steep discount
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Gunvor boss Torbjorn Tornqvist confident oil will still flow amid Middle East tensions
by Gary Dixon on 1 October 2024 at 2:43 pm
Trading giant’s founder says market more concerned about lack of growth in demand as Israel’s campaign ramps up
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Kid in a candy store: Bjorn Stignor back in Sweden with Furetank
by Gary Dixon on 1 October 2024 at 1:36 pm
New CEO reveals the lure of tanker owner’s commitment to new technology
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Bulls are back in container shipping as the largest US port strike this century grips market
by Ian Lewis on 1 October 2024 at 12:59 pm
Why are spot rates and container shipping equities heading in different directions?
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‘I’ll cripple you’: Union chief chases slice of pandemic shipping windfall with US port ‘lockdown’
by Matt Coyne on 1 October 2024 at 12:13 pm
Union makes case as impact assessment of the biggest walkout at US ports since the 1970s unfolds
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Stolt-Nielsen profit tipped to keep rising as product tankers stay away from chemical trades
by Gary Dixon on 1 October 2024 at 11:58 am
Fearnley Securities estimates consecutive rate rises for chemical tanker player in third and fourth quarters
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New bulker valuation platform aims to help shipowners pin down best S&P investments
by Holly Birkett on 1 October 2024 at 11:34 am
Dry bulk consultants Liengaard & Roschmann launched the platform on Tuesday
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Saevik family keeps control of Havila Shipping as banks convert chunk of debt
by Gary Dixon on 1 October 2024 at 10:36 am
Norwegian owner carrying out equity swap of restructured financing
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‘Zombie’ VLCC identified as mysterious former Angelicoussis tanker that grounded in 2022
by Gary Dixon on 1 October 2024 at 9:45 am
Stellar Oracle last showed up on AIS 50 days ago, and could now be masquerading as ship scrapped in 2021
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Typhoon hampers evacuation of seafarers from flooded panamax bulker off Taiwan
by Gary Dixon on 1 October 2024 at 8:51 am
Authorities say six of 19 crew members airlifted from the Blue Lagoon on Tuesday
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Avenir LNG plots $50m Oslo listing as strategy pivot takes shape
by Lucy Hine on 1 October 2024 at 8:17 am
Joint venture ups its game by booking options for LNG bunker vessels with fresh growth capital in its sights
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Hafnia swaps Bermuda for Singapore as courts make move official
by Matt Coyne on 1 October 2024 at 8:08 am
Move comes following New York listing and Sohmen-Pao shuffling
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Private equity giant Oaktree puts fresh $121m slice of Torm shares up for sale
by Gary Dixon on 1 October 2024 at 7:46 am
US investor surrendered majority ownership of Danish tanker owner in May
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Golden Energy Offshore signs deal with Clear Ocean Partners and Pelagic Partners for two more vessels
by Jonas Walsgård on 1 October 2024 at 7:35 am
GEOS takes multipurpose offshore vessels Energy Sphynx and Energy Savanah under management
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Wuhan Innovation inks order for 16 new methanol-fuelled bulkers
by Gary Dixon on 1 October 2024 at 7:33 am
Owner says this is China’s first order of coastal vessels running solely on lower-carbon bunkers
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FSRU Toscana heads home to Italy after repair and extraordinary maintenance jobs
by Lucy Hine on 1 October 2024 at 7:23 am
Unit leaves Marseille under tow for offshore Livorno
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BW-backed Cadeler inks deals with Equinor offshore joint venture
by Jonas Walsgård on 1 October 2024 at 7:05 am
First firm contract for joint venture
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Three feared dead on burned-out BSC tanker after blast
by Gary Dixon on 1 October 2024 at 6:43 am
Authorities blame repair work for Banglar Jyoti catastrophe
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Castor Maritime dips into huge cash reserve to buy modern kamsarmax bulker
by Gary Dixon on 1 October 2024 at 6:24 am
Cypriot owner acquires 2020-built vessel in latest secondhand market play
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Houthis resume attacks on shipping in Red Sea with two vessels targeted
by Harry Papachristou on 1 October 2024 at 6:17 am
Sea drone and missile damage ships in the Red Sea
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MOL breaks Japanese VLCC order drought with two LNG dual-fuel newbuildings in China
by Irene Ang on 1 October 2024 at 5:48 am
Shipowner believed to be the only Japanese company to have ordered VLCCs in 2024
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Historic strike: US ports shut down as workers head for the picket lines after last minute pay offer fails
by Jonathan Boonzaier on 1 October 2024 at 4:39 am
Last ditch offer by employer group to boost wages by 50% fails to avert strike
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Excelerate Energy wheels in former US ambassador to Bangladesh
by Lucy Hine on 1 October 2024 at 3:25 am
Retiree Peter Haas to join regasification specialist as strategic adviser
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UAE owner CPG buys tanker for bunkering operations in Mozambique
by Gary Dixon on 1 October 2024 at 3:23 am
Deal to supply vessels in Maputo extended with domestic port development company
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Last minute ray of hope emerges in looming US port strike
by Jonathan Boonzaier on 1 October 2024 at 2:41 am
Employers group ups wage offer in last ditch attempt to avert port closures
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Mexico’s first export cargo heads out as New Fortress shipment finally leaves
by Lucy Hine on 1 October 2024 at 12:46 am
This time it is for real apparently but company is facing shareholder lawsuit
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‘Basic rights’ fail to protect seafarers, lawyer Blair Adams warns. Here’s why
by Gary Dixon on 1 October 2024 at 12:42 am
Hill Dickinson partner says 10-year-old convention is now standard in contracts but is just a ‘starting point’
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Can Canada’s largest eastern port pick up the slack? Not while its workers are on strike too
by Eric Priante Martin on 30 September 2024 at 9:02 pm
Three-day strike impacts terminals utilised by MSC
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$300m or $5bn per day: How much could a port strike hurt the US economy?
by Eric Priante Martin on 30 September 2024 at 8:35 pm
JP Morgan analyst predicts impact as high as $4.5bn per day
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Zim shares soar to 52-week high as US port strike adds latest disruption to benefit company
by Joe Brady on 30 September 2024 at 7:01 pm
European shares also gain as analysts watch for clues to duration of labour action
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Swiss energy company orders first LNG carrier with Celsius newbuilding partnership
by Eric Priante Martin on 30 September 2024 at 6:36 pm
MET Group signs joint venture deal with Danish shipowner
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Carnival delivers another record-breaking quarter with $1.7bn profit
by Eric Priante Martin on 30 September 2024 at 5:11 pm
Cruise giant lifts guidance for 2024 but stock price dips
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Container ship fleet breaches 30m-teu milestone in double-quick time
by Ian Lewis on 30 September 2024 at 3:41 pm
Flurry of orders since June suggests rapid growth will continue
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US says $44.9m judgment against Vafias-linked tanker is paid seven years after warship collision
by Eric Priante Martin on 30 September 2024 at 3:33 pm
But fight over other claims continues in federal court in New York
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Seanergy fires potshot at shareholder George Economou ahead of key investor meeting
by Harry Papachristou on 30 September 2024 at 2:53 pm
Existing board under CEO Tsantanis urges shareholders to reject nominees of ‘self-dealing rival’
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Christmas chaos: Historic US port strike comes at worst possible time with lasting impacts feared
by Gary Dixon on 30 September 2024 at 1:57 pm
Effects of port shutdown will not be seen immediately, warns Greek shipping boss
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Explosion causes fire on product tanker in Bangladesh
by Gary Dixon on 30 September 2024 at 1:28 pm
Smoke seen billowing from the front of elderly vessel at Patenga on Monday
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Modern LNG carrier rates tank on eve of usually busy fourth quarter
by Lucy Hine on 30 September 2024 at 1:07 pm
Are charterers sitting on their hands before moving, or will market see a quieter-than-normal winter?
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Vassilis Diamantidis-led Diamond Shipbroking boosts team with former Braemar brokers
by Harry Papachristou on 30 September 2024 at 12:56 pm
Yiannis Koroneos and Panos Alexopoulos join expanding Greek shop
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Harry Vafias the beneficiary as Petrobras shells out for extra product tanker tonnage
by Matt Coyne on 30 September 2024 at 12:36 pm
Brazilian oil major appears to be paying top dollar for another tanker
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Trafigura shields against volatility with $3.2bn refinancing
by Gary Dixon on 30 September 2024 at 11:42 am
New lenders welcomed as trader seals upsized deal with 38 lenders
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Greek owner Almi Marine sells supramax bulker following flurry of newbuilding deliveries
by Harry Papachristou on 30 September 2024 at 11:18 am
Company clears out older ship after arrival of three newbuildings
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Month-long fires on Greek tanker attacked by Houthis in Red Sea finally put out
by Paul Peachey on 30 September 2024 at 11:16 am
International team of firefighters makes ‘promising’ progress
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Deadly fall disrupts construction of container ship newbuildings at Hanwha Ocean
by Irene Ang on 30 September 2024 at 10:47 am
South Korean labour ministry has rejected shipyard’s appeal to lift work suspension order
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Global shipping emissions levy will impact food security and hit developing economies, scientist warns
by Craig Eason on 30 September 2024 at 10:27 am
Levy could carry greater cost than alternatives under discussion at IMO, say researchers
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Shipping sounds Red Sea alarm as Middle East tensions simmer
by Paul Peachey on 30 September 2024 at 10:23 am
Houthi attacks highlight the need for full security checks before vessels transit the region
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Tanker operation Cornerstone Maritime in liquidation as charter defaults emerge
by Gary Dixon on 30 September 2024 at 9:48 am
Danish company was set up in 2019 with an ambition to commercially handle tankers and potentially other ships
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Shell Marine appoints Houda Dabboussi as its new president
by Lucy Hine on 30 September 2024 at 9:35 am
Melissa Williams shifts over to head trading & supply arm
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Greek ports weather Red Sea crisis to post higher first-half profit
by Harry Papachristou on 30 September 2024 at 8:58 am
Diversification helps Piraeus and Thessaloniki terminals offset impact from shrinking container throughput
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Ex-Gunvor trader on trial in African tanker cargo bribery case
by Gary Dixon on 30 September 2024 at 8:35 am
Swiss prosecutors allege that executive paid officials to secure oil in Republic of Congo
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Container lines primed for disruption boost with US ports set for biggest strike since 1970s
by Gary Dixon on 30 September 2024 at 8:34 am
Dockers’ union ILA protesting against ‘wage subjugation’
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Old bulkers provide slim pickings as ship recyclers close dismal quarter
by Jonathan Boonzaier on 30 September 2024 at 7:54 am
Activity badly hit by strong rates across shipping sectors and a glut of cheap Chinese steel
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Zombie VLCC ‘reappears’ in China three years after being scrapped
by Gary Dixon on 30 September 2024 at 7:23 am
Unknown tanker appears to have used name and IMO number of 2000-built vessel classed as dead in shipping databases
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Insurers cast $50m ports lifeline as global shocks poke holes in balance sheets
by Paul Peachey on 30 September 2024 at 7:18 am
Covid, attacks on shipping and weather disruption have all diverted ships from ports and hit profits
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Top Greek ferry player Attica Group makes new buy amid wider fleet moves
by Harry Papachristou on 30 September 2024 at 7:01 am
After two profitable sales to Stena Line, Athens-listed company snaps up a refurbished ship from local rival
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Chinese hunger for big bulk carriers saves 25-year-old NYK capesize from breakers
by Harry Papachristou on 30 September 2024 at 6:53 am
Chinese thirst for tonnage gives vintage bulker a new lease on life