Chinese State Shipbuilders Plan Merger

HONG KONG — Two listed Chinese state-owned shipbuilders announced Monday that they are preparing for a merger. The move could end competition between them and help them better serve the military while dealing with global vessel shortages. In separate but...
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Container Ships Dominating-Newbuilding-Orders

Container ships have been the “darlings” of the new building market. In its latest weekly report, shipbroker Banchero Costa said that “containerships orders still dominate the newbuilding market. The main players in the container field are taking...
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Good Collaboration Leads to Shipping Decarbonizations

Good Collaboration Leads to Shipping Decarbonizations
In May 2024, Deltamarin finished a three-year EU-funded project called CHEK. Project CHEK involved 15 consortium partners and focused on decarbonizing long-distance shipping. Decarbonisation was approached from several fronts: Two conceptual vessel designs—a bulk...
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Baltic Index Extends Gains on Strong Capesize Demand

The Baltic Exchange’s dry bulk sea freight index. BADI tracking rates for ships carrying dry bulk commodities extended gains on Tuesday, led by a jump in the Capesize vessel segment. * The overall index. BADI, which factors in rates for Capesize, Panamax and...
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