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NYK Recognized as a Certified Health and Productivity Management Organization for Seventh Consecutive Year

For a seventh consecutive year, NYK has been recognized in the large enterprise category of the Certified Health and Productivity Management Organization Recognition Program, a cooperative initiative by Japan’s Ministry of Economy, Trade and Industry (METI) and Nippon...
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Hempel joins IMO public-private partnership to help prevent biofouling on ships’ hulls

Hempel joins IMO public-private partnership to help prevent biofouling on ships’ hulls
Hempel joins the International Maritime Organization (IMO’s) Global Industry Alliance (GIA) for Marine Biosafety to work with industry to support shipping’s emissions reduction pathway and to mitigate against the spread of invasive species. Key messages Hempel joins...
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“Coexistence is essential” as DNV report shows demand for ocean space will grow 5-fold by 2050

“Coexistence is essential” as DNV report shows demand for ocean space will grow 5-fold by 2050
The collaboration between ocean industries will need to intensify for the rapid buildout of offshore wind and aquaculture to coexist sustainably with other industries and the ecosystem. According to DNV’s Spatial Competition Forecast, the amount of ocean space...
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NYK and FueLNG Achieve First LNG Bunkering of PCTC in Singapore

NYK and FueLNG Achieve First LNG Bunkering of PCTC in Singapore
Nippon Yusen Kabushiki Kaisha (NYK), a leading Japanese shipping company, and FueLNG, a joint venture between Keppel Offshore & Marine Ltd and Shell Eastern Petroleum (Pte) Ltd, have completed the first bunkering to an LNG-fueled pure car and truck carrier (PCTC)...
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FBX Index Fell 12% During February, Lowest Since August 2020

FBX Index Fell 12% During February, Lowest Since August 2020
The Freightos Baltic Global index fell 12% to $1,946/FEU in February to a level last seen in August 2020, as rates decreased across most major tradelanes. This rate is 80% lower than a year ago, but still 31% higher than in 2019. After a stable January, Transpacific...
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Record soybean harvest predicted despite Brazilian export decline of 31%

Record soybean harvest predicted despite Brazilian export decline of 31%
“Brazil’s soybean harvest is behind schedule due to heavy rain with exports down 31% y/y in the first two months of 2023. But despite the slow start, Brazil is headed for a record harvest and a sharp increase in exports during the coming months,” says Filipe Gouveia,...
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