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Maritime SaaS Platform Selects Spire Global as AIS Data Provider

Maritime SaaS Platform Selects Spire Global as AIS Data Provider
Spire Global, Inc., a leading global provider of space-based data, analytics and space services, has been selected by Enqlare, a digital SaaS platform for bulk freighters, to provide automatic identification system (AIS) vessel tracking data and vessel characteristics...
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Seafarers warned against rogue recruitment agents charging fees

Seafarers warned against rogue recruitment agents charging fees
Illegal demands for recruitment fees and withholding of vital travel documents are plaguing seafarers hoping to embark on a career in shipping, new research shows. In a survey of more than 200 merchant navy sailors conducted by the Mission to Seafarers charity and...
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Geopolitics, container shipping rates and an ominous sign from Taiwan

Geopolitics, container shipping rates and an ominous sign from Taiwan
A container ship sailing from Shanghai to Kaohsiung, Taiwan, travels just 600 nautical miles. A container ship sailing from Shanghai to Los Angeles travels 9.5 times farther — 5,700 nautical miles — and incurs dramatically higher fuel costs. And yet, according to...
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Black Sea grain deal could start winding down next week ahead of ‘expected’ closure

Black Sea grain deal could start winding down next week ahead of ‘expected’ closure
A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after Russia said it will not approve any new vessels unless their operators guarantee the transits will be done by May 18 – “the expected date of … closure.” Russia has...
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Switch to green e-methanol would raise bunker costs by 340%

Switch to green e-methanol would raise bunker costs by 340%
Following the cost forecasts publicised by Drewry two weeks ago, which have been widely circulated across the industry, we have revised and expanded our forecasts of estimated future container shipping costs for different fuel types. In this exercise, the accounting...
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Longer voyages, aging fleet to boost global tanker freight despite OPEC+ output cuts

Longer voyages, aging fleet to boost global tanker freight despite OPEC+ output cuts
Longer voyages are likely to support global tanker freight in the second quarter of 2023 because of a prolonged Russia-Ukraine war, an aging fleet and shrinking newbuilding orderbook, but lower oil supply and concerns about an economic recession could cap those gains,...
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