Classification society DNV has awarded an AiP to Michelin for their WISAMO wing sail system. This is the first AiP to have been awarded to an inflatable wing sail design and is currently being installed for testing on the DNV classed MN Pélican. First introduced in...

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Mitsui O.S.K. Lines, Ltd. has decided to donate 5 million yen to the Japanese Red Cross Society and 38,000 US dollars to the Turkish Disaster and Emergency Management Authority (AFAD) to provide emergency assistance to the victims of the earthquake that struck...

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Regional regulation has, in the past, been criticised for unfairly skewing a global market, but localised shipping rules can also be viewed through a positive lens. Speaking with The Baltic, James Corbett, environmental director for Europe at the World Shipping...

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The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the sixth straight week as demand for the panamax segment remained weak. The overall index, which factors in rates for capesize, panamax and supramax...

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India has been increasingly looking to Russia, to cover its energy and raw materials needs, with coal being no exception. In its latest weekly report, shipbroker Banchero Costa said that “after a slow start in the first quarter, global coal trade has really picked up...

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Capesize – As China returned from their Lunar New Year holidays there was hope in some quarters that the market would see a recovery from the steep declines of January. There was optimism that a floor had been found, as there were only marginal daily falls....

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