Shipping news – Page 18
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NewsToyofuji and Fukuju place dual-fuel ro-ro orders
Mitsubishi Shipbuilding, a subsidiary of Mitsubishi Heavy Industries (MHI), has taken orders from Toyofuji Shipping and Fukuju Shipping for two dual-fuel ro-ro cargo ships.
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NewsIMCSO launched to boost marine cybersecurity capabilities
June 18 marked the launch of the International Maritime Cyber Security Organisation (IMCSO), which aims to raise the standard of cybersecurity risk assessment across the maritime industry.
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NewsCOSCO lands Trion FPU transport contract
COSCO Shipping & Guangzhou Salvage Heavy Transport (CSGS) said that it has secured the transportation contract for the Trion project’s floating production unit (FPU).
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NewsStrong financial year for London P&I Club
The London P&I Club reported an operating surplus of USD36.3 million in its 2023/24 financial results, while strengthening its free reserves to USD149.8 million.
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NewsTight capacity and record rates at Höegh Autoliners
Ro-ro shipping specialist Höegh Autoliners said that tight capacity is the key element holding back its activities. Rates remain at record-high levels while high and heavy/breakbulk cargo comprised 25 percent of shipments in May 2024.
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NewsEsgian bolsters analyst team
Mijeong Jang Rolfsen has joined Esgian as senior market impact analyst.
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NewsContainer rates continue to surge, Maersk upgrades full-year guidance
The project logistic business relies on a stable container shipping sector in order to balance the books. While out-of-gauge cargo certainly catches the eye, thousands of freight tons of cargo for large-scale projects moves in boxes and price volatility can wreak havoc on a project’s bottom line.
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NewsPanama Canal draught increased ahead of schedule
The Panama Canal Authority has increased the maximum authorised draught at the waterway to 45 ft (13.7 m). This adjustment, originally scheduled to take effect on June 15, was expedited thanks to the onset of the rainy season in the Panama Canal Watershed and level of Gatun Lake.
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NewsFirst LakerMax newbuild delivered to BBC Chartering
Multipurpose shipping line BBC Chartering has taken delivery of the first newbuilding in its LakerMax series, BBC Leer, from Taizhou Sanfu Heavy Industry, China.
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NewsUAL prioritises performance optimisation as multipurpose market comes into balance
Reducing the carbon intensity of ships has been a priority for the multipurpose shipping sector. Much like the EU ETS, the CII and EEXI performance measures will ratchet up in intensity as the years progress.
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NewsAAL Shipping ups Super B-class order with improved specifications
Multipurpose carrier AAL Shipping has ordered two additional 32,000 dwt Super B-class vessels, bringing its newbuilding order up to eight.
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NewsG2 Ocean’s record project cargo volumes and dual-fuel fleet expansion
Arthur English, ceo at G2 Ocean, speaks on the carrier’s second consecutive record year of project cargo volumes, and the steps it has taken to reduce the carbon intensity of its fleet.
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NewsHappy Star handles Damen deliveries to Europe
Dutch heavy lift shipping line BigLift Shipping has deployed its heavy lift vessel Happy Star to transport 11 tugs from Vietnam and China to Europe on behalf of Damen Shipyards.
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NewsKarl joins Chipolbrok Americas
Multipurpose shipping line Chipolbrok Americas has appointed Felicia Karl as sales manager.
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NewsNoatum Maritime opens Turkish office
Noatum Maritime, part of AD Ports Group, has launched an office in Türkiye as it strengthens its services across the Mediterranean region.
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NewsBreadbox opens Cyprus office
Netherlands-headquartered Breadbox Shipping Lines is opening an office in Cyprus, which will manage the carrier’s commercial activities from the Mediterranean to West, South and East Africa.
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NewsMACS and Hugo Stinnes team up in Spain
German multipurpose operators MACS Maritime Carrier Shipping and Hugo Stinnes, both owned by Vineta, will form a joint agency brand to represent their activities in the Spanish market.
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NewsBBC Chartering names Karagiannis
BBC Chartering has appointed Anastasios Karagiannis as chief chartering officer – dry bulk division.
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NewsLangh Ship takes delivery of third newbuild
Finnish shipping company Langh Ship has taken delivery of the third and final 7,800 dwt multipurpose vessel in its newbuilding series, Sofia.
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NewsIntermarine adds multipurpose duo and expands into bulk operations
USA-based multipurpose operator Intermarine, part of Harren Group, is adding two F300 vessels to its fleet and expanding its portfolio to offer bulk shipping services.