Hanwha Group announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding industry through a $150 billion investment fund. The announcement was made in time for the christening...

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Platts, part of S&P Global Commodity Insights, will launch a daily Rotterdam subsidised bio-LNG bunker fuel price assessment reflecting the value of spot bio-LNG bunker fuel volumes delivered on a barge-to-ship basis in Rotterdam, effective Sept. 25. Platts will...

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The FuelEU Maritime regulation opens new pathways for the shipping industry to dramatically cut greenhouse gas emissions. The Swedish tanker shipping company Furetank is now taking the lead, reducing its own emissions to a fraction through biogas operations and...

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The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged up on Friday due to higher rates in capesize and supramax vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping...

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Importing crude oil from Canada is currently not feasible for India due to the high cost required to transport oil from the country, a senior government official told Moneycontrol. “The pipeline infrastructure within Canada is currently not developed enough for India...

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