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Global shipping industry associations condemn recent attacks on seafarers

Global shipping industry associations condemn recent attacks on seafarers
BIMCO, the International Chamber of Shipping (ICS), INTERCARGO and INTERTANKO unanimously condemns recent attacks on seafarers and commercial shipping in and around the Strait of Hormuz. According to the International Maritime Organization (IMO), the organisation has...
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Emergency Fuel Surcharge Negotiations Reveal a Larger Question for the Freight Industry

Emergency Fuel Surcharge Negotiations Reveal a Larger Question for the Freight Industry
When supply chains get strained, who pays? Freight leaders are increasingly finding that the answer depends as much on relationships and transparency as it does on bunker prices. Among all topics discussed at the NYC Freight Roundtable on June 4, Emergency Fuel...
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Retrofitting at scale: Lessons from delivering the world’s first methanol mega containership conversion

Retrofitting at scale: Lessons from delivering the world’s first methanol mega containership conversion
The retrofitting of a 20,000 TEU container vessel to run on methanol was successfully completed in China in 2025. With valuable lessons already learned, this can pave the way for further conversion of the global fleet to low-GHG fuels, supporting wider decarbonization...
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Dangote ramp-up slashes WAF product imports, reshapes clean tanker routes: analysts

Dangote ramp-up slashes WAF product imports, reshapes clean tanker routes: analysts
The ramp-up of Nigeria’s 650,000 b/d refinery has cut imports of clean products to West Africa and is redirecting tanker flows around the region, according to analysts. West African imports of clean refined products fell to 765,000 b/d in May from 997,000 b/d in...
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The Swedish Club AGM Members’ Day explores growing connection between cyber and geopolitical risks

The Swedish Club AGM Members’ Day explores growing connection between cyber and geopolitical risks
The Swedish Club’s 154th AGM Members’ Day brought together members and industry experts to examine how cyber threats and geopolitical instability are reshaping risk for the shipping industry. Held alongside the Club’s Annual General Meeting in Gothenburg, the event...
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CTAs begin to de-risk Shanghai base metals as the copper rally pauses

CTAs begin to de-risk Shanghai base metals as the copper rally pauses
After rotating from energy into industrial metals in late May, CTAs began to trim elevated base-metal exposure on June 5, with selling concentrated in Shanghai-listed contracts. CTA positioning has reflected a broader cross-commodity rotation since H2 May. As...
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