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China PMI boosts sentiment, but commodity imports may have front-run

China PMI boosts sentiment, but commodity imports may have front-run

The return of China’s key manufacturing index to positive territory for the first time in six months has sparked optimism...
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Baltic index slips to 1-1/2 month low on weaker vessel rates

Baltic index slips to 1-1/2 month low on weaker vessel rates

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell to its lowest since...
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OPEC+ gets oil price to its sweet spot, the trick is keeping it there

OPEC+ gets oil price to its sweet spot, the trick is keeping it there

There was no surprise that a top meeting of OPEC+ ministers opted to keep output policy unchanged since the global...
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Hyundai Heavy held talks with Daewoo Shipbuilding to buy stake

Hyundai Heavy held talks with Daewoo Shipbuilding to buy stake

South Korean shipbuilding giant, Hyundai Heavy Industries Group, is interested in buying a stake in rival Daewoo Shipbuilding & Marine...
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ClassNK issues type approval certificate for lithium-ion storage battery system developed by Corvus Energy

ClassNK issues type approval certificate for lithium-ion storage battery system developed by Corvus Energy

ClassNK has issued a type approval certificate*1 for the lithium-ion storage battery system “ORCA Energy” developed by Corvus Energy. Recently,...
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US has not asked India to cut Russian oil purchases, American official says

US has not asked India to cut Russian oil purchases, American official says

The United States has not asked India to cut Russian oil imports as the goal of sanctions and the G7-imposed...
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Baltic index edges lower on weaker panamax, supramax rates

Baltic index edges lower on weaker panamax, supramax rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged lower on Wednesday, pressured...
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Turkey, Brazil remain main importers of Russian seaborne diesel

Turkey, Brazil remain main importers of Russian seaborne diesel

Turkey and Brazil remain the main importers of Russian seaborne diesel and gasoil since the European Union sanctions banned the...
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Kaiko Systems and i.safe MOBILE Singapore announce strategic partnership to revolutionise ship inspections ahead of SIRE 2.0 implementation

Kaiko Systems and i.safe MOBILE Singapore announce strategic partnership to revolutionise ship inspections ahead of SIRE 2.0 implementation

Kaiko Systems, a pioneer in mobile-first ship inspection technology, and i.safe MOBILE, innovation and world market leader for explosion-proof mobile...
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CMA CGM Group joins Renault and Volvo as founding member of Flexis SAS, a joint venture for the revolutionary generation of electric vans

CMA CGM Group joins Renault and Volvo as founding member of Flexis SAS, a joint venture for the revolutionary generation of electric vans

CMA CGM Group is delighted be a founding member of the next generation of electric vans venture, Flexis SAS, alongside...
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More Money for Transport: EU transport sector calls for a robust transport funding instrument to continue to play its strategic role for Europe

More Money for Transport: EU transport sector calls for a robust transport funding instrument to continue to play its strategic role for Europe

44 European transport organisations, representing the key spectrum of Europe’s transport network, operators and stakeholders, are again joining forces in...
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Second channel opens around collapsed Baltimore bridge, but not for shipping

Second channel opens around collapsed Baltimore bridge, but not for shipping

Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday but most commercial...
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HMM, SIPG to cooperate on eco-friendly fuel

HMM, SIPG to cooperate on eco-friendly fuel

South Korea’s major ocean carrier HMM Co. announced on Wednesday that it signed a Shanghai Port Clean Marine Fuel memorandum...
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COSCO Shipping to bulk up with 80 new vessels

COSCO Shipping to bulk up with 80 new vessels

COSCO Shipping Specialized Carriers Co, a unit of State-owned China COSCO Shipping Corp — based in Guangzhou, Guangdong province —...
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IMO agrees possible outline for maritime “net-zero framework”

IMO agrees possible outline for maritime “net-zero framework”

IMO has agreed on an illustration of a possible draft outline of an “IMO net-zero framework” for cutting greenhouse gas...
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Korea reclaims crown from China as world’s top shipbuilder

Korea reclaims crown from China as world’s top shipbuilder

South Korea reclaimed the crown from the Chinese as the world’s largest shipbuilder after three years last quarter, sweeping global...
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China, India boost seaborne thermal coal imports as power demand surges

China, India boost seaborne thermal coal imports as power demand surges

China and India lifted imports of seaborne thermal coal to three-month highs in March as the world’s two biggest buyers...
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QatarEnergy bolsters LNG fleet with 19 new ships

QatarEnergy bolsters LNG fleet with 19 new ships

QatarEnergy has signed new contracts with international companies to operate 19 more LNG vessels, bringing to 104 ships being added...
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“K” LINE enters into Long-Term Time Charter with QatarEnergy for Four Newbuilding LNG vessels

“K” LINE enters into Long-Term Time Charter with QatarEnergy for Four Newbuilding LNG vessels

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce the execution of four long-term Time Charter contracts through joint...
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ABS Industry First Audit of ECOLOG for the Operation of LCO2 Carriers

ABS Industry First Audit of ECOLOG for the Operation of LCO2 Carriers

ABS has awarded ECOLOG, a mid-stream Carbon Capture, Utilization and Sequestration (CCUS) service provider, with an industry first ISM Document...
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