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Russia Expands Shadow Fleet with First Ship-to-Ship LNG Transfer

Russia’s shadow fleet operation continues to expand and now includes the first apparent ship-to-ship transfer of Liquefied Natural Gas (LNG) in an effort to obscure the sanctioned cargo’s origin. LNG carrier Pioneer, which picked up the initial cargo from Russia’s...
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JERA concluded a JCA with LFC to realize low carbon fuel value chains

JERA concluded a JCA with LFC to realize low carbon fuel value chains
JERA Co., Inc (“JERA”) says it has concluded a Joint Collaboration Agreement with Lotte Fine Chemical Co., Ltd. (“LFC”), to realize low carbon fuel value chains. Under the agreement, JERA and LFC will jointly collaborate to accelerate the development of a robust and...
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COSCO SHIPPING International (Hong Kong) announces 2024 interim results

The Board of Directors (“the Board”) of COSCO SHIPPING International (Hong Kong) Limited (“COSCO SHIPPING International (Hong Kong)” or the “Company”) on August 23, 2024 announced the unaudited condensed consolidated results of the Company and its subsidiaries...
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Singapore announced top maritime centre for 11th consecutive year

The Baltic Exchange, in collaboration with Xinhua News Agency, announces the release of the 2024 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report. This annual report, now in its 11th year, ranks the world’s leading shipping centres based on...
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Fujairah July bunker sales rises to the highest level in three months

Bunker fuel sales at the Middle Eastern hub of Fujairah rose to the highest level in three months in July. Total sales excluding lubricants reached 621,679 m3 in July, according to the latest data from the Fujairah Oil Industry Zone and price reporting agency S&P...
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EasyMax 4 ‘Alexia’ launched successfully at shipyard Niestern Sander

EasyMax 4 ‘Alexia’ launched successfully at shipyard Niestern Sander
The M.V. Alexia was launched successfully on August 22 at shipyard Royal Niestern Sander. This new building is the successor of the award-winning Egbert Wagenborg and her sisters Máxima And Amalia. The M.V. Alexia type is the fourth vessel in the Easymax series in the...
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