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US-Iran deal could boost fertilizer shipments after 11% drop

“Global fertilizer shipments have fallen 11% y/y since the start of the Iran war. The closure of the Strait of Hormuz has restricted fertilizer exports from the Persian Gulf, tightening the global supply and increasing prices. The ceasefire agreement between the US...
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Shipping industry wary of resuming Strait of Hormuz navigation despite imminent deal

Shipping industry wary of resuming Strait of Hormuz navigation despite imminent deal
The world’s most important energy chokepoint may soon reopen, but insurance markets must regain confidence for the shipping sector to resume normal navigation. Meanwhile, Germany has dispatched two naval vessels for a possible mine clearance operation. Even as the...
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New study on gaps between EU Ship Recycling Regulation and the Hong Kong Convention published, stresses need for one international standard

European Shipowners | ECSA and the International Chamber of Shipping (ICS) are releasing today an independent study on the key areas of divergence between the EU Ship Recycling Regulation (EU SRR) and the International Maritime Organization (IMO) Hong Kong Convention...
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Safeguarding the future of green ports: NTUA secures grant to advance safe and resilient infrastructure for maritime electrification

Safeguarding the future of green ports: NTUA secures grant to advance safe and resilient infrastructure for maritime electrification
A grant from Lloyd’s Register Foundation launches the AEGIS project to further enhance the resilience and operational safety of maritime electrification. Addresses one of the last technical hurdles to Onshore Power Supply technology and fosters confidence in green...
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Asia-US container rates face upward pressure; falling fuel costs could cap increases

Rates for shipping containers from Asia to the US continue to face upward pressure amid an early start to peak season and the pulling forward of volumes to be new tariffs, but lower bunker fuel costs could help slow the increases. Rates to both coasts from global...
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