Shipping news – Page 6
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Shifting port call activity for the MPP market
Data from Esgian’s multipurpose market insight reports shows shifting activity levels at ports in the Far East, USA and Europe from 2022 to Q1 2025, with further surges and slowdowns anticipated as a result of new tariffs and trade policies introduced this year.
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AAL delivers trio of Konecranes port cranes
Multipurpose shipping line AAL Shipping has delivered three fully assembly Konecranes port cranes from Schiedam and Westdorpe, the Netherlands, to ports in Mexico and Chile.
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Baltic Exchange launches fuel equivalence converter
The Baltic Exchange has launched a free fuel equivalence converter to help owners, traders, brokers and charterers understand the cost and commercial implications of greener fuel options.
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StormGeo partners with Awake.AI
Weather intelligence and voyage optimisation solutions provider StormGeo and Finnish AI analytics company Awake.AI have partnered to offer AI-powered port analytics to its clients.
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Chipolbrok Galaxy busy with project cargo voyages
Chipolbrok’s multipurpose vessel Chipolbrok Galaxy has been busy picking up and delivering project cargo for projects in Europe, North Africa, the Suez Canal and Asia via the Suez Canal.
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Federal Nigara sails to Duluth
Federal Nigara of the Fednav fleet has delivered several large pieces of import machinery to the Duluth Cargo Connect multimodal logistics hub on Lake Superior, USA.
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Veson outlines potential outcomes from MEPC83 Net-Zero Framework
The International Maritime Organization (IMO) recently hosted the 83rd meeting with the Marine Environmental Protection Committee (MEPC 83), resulting in a new fuel intensity target, which is set to come into force no later than March 2027.
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USTR’s China shipping measures take shape
On April 17, the United States Trade Representative (USTR) issued the final notice of action following its investigation into China’s shipbuilding and logistics sector. According to the USTR draft Federal Register notice, the USA will begin charging fees on Chinese-owned, operated and built vessels arriving at its ports in October 2025. Most multipurpose and heavy lift tonnage appears to fall beyond the scope of the regulations.
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Chipolbrok added to FMC controlled carrier list
The Federal Maritime Commission (FMC) has added Chipolbrok to its controlled carrier list due the Chinese government’s part ownership of the company.
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COSCO launches ultra-wide flatrack
COSCO Shipping Specialized Carriers has launched its newest flatrack container, a composite-material ultra-wide model.
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Harren strengthens ties in Türkiye
Harren Crewing has strengthened its connections in Türkiye by signing a cooperation agreement with Atotech Maritim, a part of Torlak Shipping.
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WSC endorses IMO decarbonisation plans
The World Shipping Council (WSC) has welcomed a global agreement at the International Maritime Organization (IMO), which is centred around decarbonising the shipping industry.
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Ro-ro rates under pressure while tariffs hit China-US sailings
Conditions in the ro-ro shipping sector continue to soften, according to sector analyst and data provider Esgian. In March, daily time charter rates fell month on month by 12 percent, ending Q1 2025 at USD60,000 per day on average. Further declines are expected in the months ahead.
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South Enabler completes sea trials
Wallenius Sol’s South Enabler has successfully completed its sea trials in the Adriatic Sea as the company prepares for the vessel to join its fleet.
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Trio of NYK firms to merge
Three shipping and ship-management firms within the NYK Group will merge as part of a strategic business integration.
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Trump looks overseas to boost US maritime industry
On April 9, US president Donald Trump signed an executive order that aims to revitalise US shipbuilding and strengthen the US-flag fleet.
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Hutchison port sale hits Panama snag
In early March, Hong Kong-based CK Hutchison agreed to divest the majority of its global port assets to the Blackrock-TiL consortium in a USD22.8 billion deal. The transaction included control of several terminal operations and a significant stake in Panama Ports Company. However, reports have since emerged that Hutchison will no longer sell its Panama Canal-adjacent assets. The deal has also drawn scrutiny from Chinese regulators, who are expected to launch an antitrust review.
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Course set for industry-wide GHG pricing and fuel standards
Marine Environment Protection Committee 83 (MEPC 83) concluded with draft regulations that will set mandatory marine fuel standard and GHG emissions pricing for shipping, a first for the sector.
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Peters & May partners with Burgess
UK-based specialist marine transport and logistics company Peters & May has signed a partnership with Burgess, a global yacht brokerage and management company.
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IMO updates guidelines to protect seafarers
The International Maritime Organization (IMO) has adopted updated guidelines to protect seafarers from unfair treatment when detained in foreign jurisdictions linked to alleged crimes committed at sea.