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Vale stays fuel, technology agnostic amid sustainable shipping push

Vale is fuel and technology agnostic in its commitment to cut greenhouse gas emissions from the value chain and support the International Maritime Organization’s decarbonization targets, the Brazilian miner’s Global Director of Shipping and Distribution Rodrigo...

Baltic index hits three-week low on weaker capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a three-week low on Tuesday on lower rates for capesize and panamax vessels. The main index, which monitors rates for capesize,...

USTR proposal will make Chinese shipping companies redundant for US cargo

The proposed fee under the USTR framework could render China-owned and China-operated vessels redundant for US trade. This likely triggers a shift in port calls, with non-Chinese vessels continuing to serve US ports, while Chinese-operated or owned ships are...

ClassNK releases ‘What is the IMO’s Mid-term measures and how it works’- explaining key points of mid-term measures for easy understanding

ClassNK has released ‘What is the IMO’s Mid-term measures and how it works’ to promote understanding of the IMO’s mid-term measures. This document explains the mid-term measures including calculation examples of contribution and timeline of action items for easy...

Tankers: OPEC’s Price Policy Could Boost Rates Down the Line

The latest OPEC+ surprise decision to boost production could boost supply and lead to stronger tanker rates. In its latest weekly report, shipbroker Intermodal said that “the global oil market has been riding through intense swings, with Brent crude tumbling 6.85%...

Port Authority of NSW announces John McKenna as CEO

Port Authority of New South Wales has welcomed the NSW Government’s appointment of John McKenna as Chief Executive Officer of the State-owned Corporation, effective immediately. John brings a wealth of commercial experience and a deep understanding of Port Authority’s...

Vale stays fuel, technology agnostic amid sustainable shipping push

Baltic index hits three-week low on weaker capesize, panamax rates

USTR proposal will make Chinese shipping companies redundant for US cargo

ClassNK releases ‘What is the IMO’s Mid-term measures and how it works’- explaining key points of mid-term measures for easy understanding

Tankers: OPEC’s Price Policy Could Boost Rates Down the Line

Port Authority of NSW announces John McKenna as CEO

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