D “The parties have plans to organize direct marine services from Mundra and Nhava Sheva ports to Novorossiysk and St. Petersburg ports and in the reverse direction, and to study a potential cargo base between Chennai and Vladivostok ports for the opportunity of...

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Political tensions between the US and China are contributing to lower container shipments between the world’s two largest economies, on top of an already-underway reshaping of global trade, according to a major shipping industry boss.  “We are seeing a...

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The acquisition deal was inked in January 2023 when Hapag-Lloyd had made an agreement with an affiliate of Bain Capital Private Equity, which held a 35% stake in JMBPL, and the Kotak family, which holds most of the shares of JMBPL. “By acquiring a stake in JMBPL,...

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The Philippines and Canada have reportedly signed a deal that has cleared the way for sailors from the Philippines to crew Canadian vessels. This is the first time ever such a move has been made. It is an effort to resolve a major issue on Canadian-flagged vessels....

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Self-discharging bulk carrier KAYE E. BARKER ran aground at around 0950 LT Apr 24 at Muskegon Lake entrance fairway, Great Lakes, at the same site she ran aground a year earlier. This time, too, the ship was loaded with some 25,000 tons of stone. Laker was refloated...

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1 / 6Chinese Foreign Minister Qin Gang, (right) and Philippine Foreign Affairs Secretary Enrique Manalo shake hands during the welcome ceremony prior to their bilateral meeting at the Diamond Hotel on Saturday, April 22, 2023, in Manila, Philippines. (Gerard...

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