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Asia-US container rates fall on rising capacity; liquid tanker rates mixed

Asia-US container rates fall on rising capacity; liquid tanker rates mixed

Shipping container rates from Asia to both US coasts fell again this week as capacity has grown and as volumes...
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VLCC Tanker Market Steady Last Week

VLCC Tanker Market Steady Last Week

Clean LR2 MEG LR2s showed positive signs of recovery this week with increased activity. The TC1 75kt MEG/Japan index ticked...
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Trump’s shipbuilding plan could upend ocean cargo industry, companies warn

Trump’s shipbuilding plan could upend ocean cargo industry, companies warn

President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive costs on ocean transport operators and spawn...
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AET and Fleetzero Sign Agreement to Develop World’s Longest-Range Hybrid Electric Vessel

AET and Fleetzero Sign Agreement to Develop World’s Longest-Range Hybrid Electric Vessel

AET, a leading global owner and operator of maritime transportation assets and specialised services, and Fleetzero, a developer and manufacturer...
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Fed may need to stay patient on rates until summer, Bostic signals

Fed may need to stay patient on rates until summer, Bostic signals

New policies under the Trump administration are placing the U.S. economy in “incredible flux,” Atlanta Federal Reserve Bank President Raphael...
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Japan ready to declare end to deflation, economy minister says

Japan ready to declare end to deflation, economy minister says

Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister...
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HD Hyundai and Palantir Forge Ahead with ‘AI Shipyard’ Project

HD Hyundai and Palantir Forge Ahead with ‘AI Shipyard’ Project

HD Hyundai and Palantir Technologies are advancing their collaborative “Future of Shipyard” (FOS) project, which has been promoted since 2021....
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LPG trade growth will be curbed in 2025 due to US terminal capacity limitations

LPG trade growth will be curbed in 2025 due to US terminal capacity limitations

In the latest issue of Drewry’s LPG Forecaster, LPG trade is projected to increase only 1.4%, while US LPG exports...
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Dry Bulk Shipping: The Aftermath of the New US Trade Policies

Dry Bulk Shipping: The Aftermath of the New US Trade Policies

The trade war which has been sparked by the new US administration is set to have an impact in dry...
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CMA CGM Group Announces $20 Billion Investment in America’s Maritime Transportation, Logistics and Supply Chain Capabilities Over the Next Four Years

CMA CGM Group Announces $20 Billion Investment in America’s Maritime Transportation, Logistics and Supply Chain Capabilities Over the Next Four Years

CMA CGM Group, a global leader in sea, land, air, and logistics solutions, and owner of the U.S. flag carrier...
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Shipping giant HMM replaces CEO amid stalled sales talks

Shipping giant HMM replaces CEO amid stalled sales talks

Shipping giant HMM has nominated former LX Pantos CEO Choi Won-hyok as its new head, drawing attention as to whether...
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US to levy fees on China-linked ships, push allies to do likewise, draft executive order says

US to levy fees on China-linked ships, push allies to do likewise, draft executive order says

The United States is planning to charge fees for docking at U.S. ports on any ship that is part of...
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China January-February iron ore imports hit by Australia weather-related disruptions

China January-February iron ore imports hit by Australia weather-related disruptions

China’s iron ore imports in the first two months of 2025 fell by 8.4% from the same period a year...
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Germany probes Argus Media, S&P Global over oil market pricing concerns

Germany probes Argus Media, S&P Global over oil market pricing concerns

Germany’s antitrust watchdog said it was investigating the impact of price information services provided by Argus Media and S&P Global...
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New Arbitration Act – key implications

New Arbitration Act – key implications

The Arbitration Act 2025 (the “Act”) will shortly come into force (on a date to be decided by the UK...
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ECB cuts interest rates, keeps door ajar to more easing

ECB cuts interest rates, keeps door ajar to more easing

The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more, even as...
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White House leans into an economic downturn

White House leans into an economic downturn

It turns out that politicians really do have the power to wrest the economic cycle – in this case, to...
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Hapag-Lloyd – Driving Sustainable Shipping with Support from StormGeo

Hapag-Lloyd – Driving Sustainable Shipping with Support from StormGeo

As the shipping industry continues its journey towards a decarbonized future with the new FuelEU Maritime regulation, Hapag-Lloyd relies on...
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Trump plans executive order to strengthen US shipbuilding, blunt China domination

Trump plans executive order to strengthen US shipbuilding, blunt China domination

The U.S. plans to levy fees on imports arriving on Chinese-made ships and offer tax credits to resuscitate domestic shipbuilding...
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DNV Maritime Celebrates 25 Years of the Maritime Service Centre in Greece

DNV Maritime Celebrates 25 Years of the Maritime Service Centre in Greece

DNV Maritime proudly marks the 25th anniversary of its Maritime Service Centre in Greece, a significant milestone that reflects the...
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