French shipping giant CMA CGM said on Tuesday it is interested in taking over some of CK Hutchison’s ports after the Hong Kong conglomerate’s exclusive talks ended with a consortium led by BlackRock (BLK.) this week. CK Hutchison agreed in March to sell the majority...

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Scrubbers move pollution from air to sea. Should shipowners rethink before installing them? The concern about air pollution by ships has forced the International Maritime Organization (IMO) to come up with the designation of sulphur emission control areas (SECAs)1 to...

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Major bulk, made up of iron ore, coal, and grains, export volumes through the first half of the year have consistently fallen below that of 2024, but still sit within normal ranges. The global geopolitical landscape has been marked by uncertainty, rising tensions, and...

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More newbuilding orders were reported last week, as owners are ramping up their contracting ahead of the summer lull. In its latest weekly report, shipbroker Banchero Costa said that “in the Container sector, MSC placed an order of 2 x 21,700 teu at Zhoushan...

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The tanker market exhibited mixed performance during the previous month, OPEC said in its latest monthly report for June. Dirty tanker spot freight rates continued to see mixed movements in June. VLCC rates were volatile over the month due to geopolitical...

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