Mitsui O.S.K. Lines, Ltd. has been committed to pursue the world’s highest level of safety culture. Today, MOL announced the establishment of the ‘MOL Group Safety Vision’, which states the group’s basic approach and framework for safety. In addition to enhancing the...

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Russia’s reliance on four, mainly Asian, countries to import its coal has increased since some countries implemented sanctions against Russia after it invaded Ukraine, according to Global Trade Tracker data. This trade shift corresponds with increased coal exports...

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German shipping group Hapag-Lloyd HLAG.DE will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said on Monday, after announcing it was introducing land corridors through Saudi Arabia...

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Asia’s very low sulphur fuel oil (VLSFO) market eased on Monday following a small rally last week, while high sulphur fuel oil (HSFO) was little changed. The Singapore cargo cash premium for VLSFO MFO05-SIN-DIF fell to $6.70 a metric ton on Monday, though some market...

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Recruitment of seafarers is getting harder according to a survey of crew managers conducted by Danica Crewing Specialists. Nearly half of those responding reported they are finding it more difficult to recruit crew of the calibre they need for their ships, while more...

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The Baltic Exchange’s dry bulk sea freight index gained for a third straight session on Monday, buoyed by a rise in capesize and panamax vessels rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 15 points, or...

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