The 9th session of the IMO’s Sub-Committee on Human Element, Training and Watchkeeping (HTW 9) was held from 6 to 10 February 2023. HTW 9 finalized its comprehensive review of the 1995 STCW-F Convention to improve the training provisions for fishing vessel personnel....

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Renewable methanol is seen as a viable fuel option in accelerating the decarbonization of maritime industries, Methanol Institute CEO Greg Dolan said at methanol industry group IMPCA’s conference in Miami Feb. 15. “With 80 renewable methanol projects already...

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The Baltic Exchange’s main sea freight index, logged its best day in nearly two months on Monday on gains in rates for capesize and supramax shipping vessels. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 14...

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Adani Ports and Special Economic Zone Ltd will discontinue lending money to non-group companies after having lent at least ₹12,687 crore last year, according to a Mint analysis. Instead, the Gautam Adani-controlled company will use surplus funds to cut its ₹44,000...

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Empty containers are piling up at major ports around the world as slowing economies weigh on shipping demand. In the week of Feb. 5, the CAx (Container Availability Index) rose to 0.64, according to container monitoring platform Container xChange. It was the 11th...

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COSCO Shipping International F83 0.55% is expecting to report a net loss in the FY2022 ended December with a “significant deterioration” in profit during the year. The loss was due to a non-cash impairment of goodwill in connection with the group’s investment in...

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