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Kongsberg Maritime selected by Samsung Heavy Industries for 9-ship Shuttle Tanker project for Tsakos Group

Kongsberg Maritime has been awarded a significant contract by Samsung Heavy Industries (SHI) to supply integrated technology packages for nine new Dynamic Positioning (DP) Shuttle Tankers. The vessels are being constructed for Greek shipowner Tsakos Group and will be...

HSFO market steadies after recent declines

Spot differentials for Asia high sulphur fuel oil (HSFO) steadied on Friday after sharp declines earlier this week, but ended the week in steep discounts to cargo quotes. The market remained pressured due to high supplies and slow demand. Cracks for 380-cst HSFO...

Ship Financing: Greek Banks Emerging as Major Players with a Market Share of 6.1%

Greek banks have emerged as key members of the global ship financing market, with a growing market share and a portfolio of $18 billion by the end of 2024, an impressive annual increase of 18%, according to the latest annual report on global ship financing, compiled...

Dry Bulk Market: Coal Flows to be Reshaped

Seaborne trade flows are expected to be reshaped, due to China’s and India’s shift towards higher-grade coal imports. In its latest weekly report, shipbroker Xclusiv said that “China’s domestic steel demand continues to experience a marked downturn, deepening concerns...

Nigeria can lead change on electrified container trade

Nigeria has a unique opportunity to electrify its containerized trade at scale – leapfrogging fossil-powered infrastructure and aligning with the global shift toward low-emission logistics. This is the central message of a new white paper by terminal operator APM...

AD Ports Group and China’s Zhejiang Provincial Seaport Investment & Operation Group Sign Preliminary Strategic Agreement to Establish Automotive Logistics Ecosystem

AD Ports Group, a global leader in logistics, industry, and trade facilitation, and Zhejiang Provincial Seaport Investment & Operation Group Co., Ltd. (Ningbo Zhoushan Port Group), one of China’s largest and most dynamic port operators, have entered into a...

Kongsberg Maritime selected by Samsung Heavy Industries for 9-ship Shuttle Tanker project for Tsakos Group

HSFO market steadies after recent declines

Ship Financing: Greek Banks Emerging as Major Players with a Market Share of 6.1%

Dry Bulk Market: Coal Flows to be Reshaped

Nigeria can lead change on electrified container trade

AD Ports Group and China’s Zhejiang Provincial Seaport Investment & Operation Group Sign Preliminary Strategic Agreement to Establish Automotive Logistics Ecosystem

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