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Baltic Index Steady As Gains In Capesize Offset Lower Rates For Panamax

Baltic Index Steady As Gains In Capesize Offset Lower Rates For Panamax

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was mostly unchanged on...
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US low-value package tariff exemption ends, raising costs for shippers, consumers

US low-value package tariff exemption ends, raising costs for shippers, consumers

The U.S. tariff exemption for package shipments valued under $800 ended on Friday, raising costs and disrupting supply chain models...
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How CEOs are responding to geopolitical uncertainty

How CEOs are responding to geopolitical uncertainty

When the rules of global trade could change any day, how do you make decisions? McKinsey experts report from the...
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India committed to improving ties with China, Modi tells Xi

India committed to improving ties with China, Modi tells Xi

Indian Prime Minister Narendra Modi said New Delhi was committed to improving ties with Beijing in a key meeting with...
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South African bunker group highlights concerns about new STS rules

South African bunker group highlights concerns about new STS rules

The Bunker Industry Association of South Africa on Aug. 29 voiced concerns about new environmental regulations governing offshore ship-to-ship transfers,...
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Tanker freight rates for Russian crude oil rise in August amid EU sanctions, higher exports

Tanker freight rates for Russian crude oil rise in August amid EU sanctions, higher exports

Freight rates for Russian crude shipments from Baltic ports to India have risen in August, driven by fresh European Union...
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The Energy-Efficient Route to Maritime Decarbonization

The Energy-Efficient Route to Maritime Decarbonization

Pressure is mounting on the global shipping industry to improve its ships’ energy efficiency in the face of new greenhouse...
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Furetank achieves fossil-free vessel operations with renewable fuels

Furetank achieves fossil-free vessel operations with renewable fuels

Furetank is now taking a crucial step towards fossil freedom, operating its EU-based fleet on biogas. A large-scale agreement for...
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Shipping: Environmental Regulations Adding to Costs

Shipping: Environmental Regulations Adding to Costs

A flurry of new regulations has entered into force since the beginning of the decade for shipping, leading to an...
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Hapag-Lloyd tackles huge fleet upgrade programme with DNV support

Hapag-Lloyd tackles huge fleet upgrade programme with DNV support

Adapting flexibly to new regulatory and market conditions has always been key to the success of Hapag-Lloyd AG (HLAG), enabling...
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Dry Bulk Market: Capesizes Have a Mixed Week

Dry Bulk Market: Capesizes Have a Mixed Week

Capesize The Capesize market delivered a mixed yet broadly steady performance this week, with underlying demand offering support despite some...
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Baosteel expects China’s steel exports to stay above 100 million tons in 2025

Baosteel expects China’s steel exports to stay above 100 million tons in 2025

China’s biggest listed steelmaker Baoshan Iron & Steel Co 600019 expects the country’s total steel exports to stay above 100...
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Tanker with sanctioned Russian Arctic LNG 2 cargo berths in China, tracking data shows

Tanker with sanctioned Russian Arctic LNG 2 cargo berths in China, tracking data shows

A tanker carrying liquefied natural gas from Russia’s sanctioned Arctic LNG 2 plant has moored at an import terminal in...
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How regs and tech are reshaping bulk carrier operations

How regs and tech are reshaping bulk carrier operations

The bulk carrier sector is being reshaped by a combination of stringent new regulations and digital innovation. But these changes...
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Atlantic Shrike Achieves 11% Fuel Reduction With Seaq Energy Storage System

Atlantic Shrike Achieves 11% Fuel Reduction With Seaq Energy Storage System

Atlantic Towing Limited has achieved a major milestone in its decarbonization journey with the successful retrofit of the Atlantic Shrike....
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Georgia Ports economic impact jumps 7% in 2024

Georgia Ports economic impact jumps 7% in 2024

Port activity in Georgia now supports 650,965 full- and part-time jobs across the Peach State, according to an economic impact...
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HD Hyundai to merge shipbuilding units, eyeing defense expansion

HD Hyundai to merge shipbuilding units, eyeing defense expansion

HD Hyundai Heavy Industries Co., the world’s largest shipyard by order volume, will merge with HD Hyundai Mipo Co., the...
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Hanwha announces $5 billion Philly Shipyard investment as part of South Korea’s commitment to US shipbuilding growth

Hanwha announces $5 billion Philly Shipyard investment as part of South Korea’s commitment to US shipbuilding growth

Hanwha Group announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting...
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Platts to launch delivered Rotterdam Subsidised Bio-LNG bunker fuel assessment and update carbon intensity value

Platts to launch delivered Rotterdam Subsidised Bio-LNG bunker fuel assessment and update carbon intensity value

Platts, part of S&P Global Commodity Insights, will launch a daily Rotterdam subsidised bio-LNG bunker fuel price assessment reflecting the...
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Furetank launches company for trading emission reductions in shipping

Furetank launches company for trading emission reductions in shipping

The FuelEU Maritime regulation opens new pathways for the shipping industry to dramatically cut greenhouse gas emissions. The Swedish tanker...
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