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Smarter and safer navigation: new buoy begins operating near the Port of Klaipėda

Smarter and safer navigation: new buoy begins operating near the Port of Klaipėda

The Port of Klaipėda is introducing smart navigation technologies, with a new buoy equipped with advanced sensors now operating near...
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China’s strong trade growth continues, driven by tech demand

China’s strong trade growth continues, driven by tech demand

Tech continues to power impressive export strength China’s exports grew by 25.0% year-on-year in August, up from 23.9% in July...
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European gas prices surge to highest since 2023 on Iranian threat

European gas prices surge to highest since 2023 on Iranian threat

European wholesale natural gas prices spiked to their highest levels since early 2023, driven by mounting fears that escalating military...
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Goldman ups oil price forecasts as Mideast disruptions seen extending into 2027

Goldman ups oil price forecasts as Mideast disruptions seen extending into 2027

Goldman Sachs raised its Brent and WTI crude price forecasts on Sunday, expecting shipping disruptions in the Middle East to...
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First bio-methanol STS bunkering completed in Guangzhou

Chinese producer CIMC Enric supplied a large bio-methanol stem to a Nippon Yusen Kabushiki Kaisha (NYK) Group bulk carrier at...
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Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for new MGC vessels

Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for new MGC vessels

Nord Gas Solutions has been contracted to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for...
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DNV and GRSE sign advanced shipbuilding MoU

DNV and GRSE sign advanced shipbuilding MoU

At the SMM trade fair in Hamburg last week, DNV and Garden Reach Shipbuilders and Engineers Limited (GRSE) have signed...
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Iran warns of maritime exclusion zone, strikes on U.S. Gulf energy assets

Iran warns of maritime exclusion zone, strikes on U.S. Gulf energy assets

Iran threatened to respond to U.S. “economic warfare” with a maritime exclusion zone across the Persian Gulf, while Iranian-backed Houthi...
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Bunker price volatility boosts freight rates for LNG-fueled dirty tankers

Bunker price volatility boosts freight rates for LNG-fueled dirty tankers

Bunker price volatility was the key driver behind higher LNG-fueled dirty tanker freight rates, compared with conventional tanker freight values,...
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Freeport East pushes Green Freight Corridor with backing for electric truck hub at Port of Felixstowe

Freeport East pushes Green Freight Corridor with backing for electric truck hub at Port of Felixstowe

Freeport East has joined the push to decarbonise heavy goods vehicles travelling to and from the Port of Felixstowe by...
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Orlen and Port of Gdynia to assess LNG and bio-LNG bunkering potential

Polish refiner Orlen has partnered with the Port of Gdynia Authority to assess the potential for LNG and bio-LNG bunkering...
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GSBN Appoints BIMCO to Its Board, Deepening Collaboration to Advance Paperless Trade

GSBN Appoints BIMCO to Its Board, Deepening Collaboration to Advance Paperless Trade

Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable global trade, announced the appointment of...
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Everllence and Damen Sign Landmark Framework Agreement for 175D Engine

Everllence and Damen Sign Landmark Framework Agreement for 175D Engine

Everllence has signed a framework agreement with Damen Shipyards Group, the Dutch shipbuilder – regarding the serial supply of Everllence’s...
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Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer and manufacturer of azimuth propulsion systems...
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Europe’s busiest ports ranked: Which move the most goods?

Europe’s busiest ports ranked: Which move the most goods?

Sea shipping keeps Europe fed, fuelled and supplied — and this year, the Iran war’s disruptions to shipping routes have...
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Yanmar Maritime awarded DNV type approval for fuel cell system

Yanmar Maritime awarded DNV type approval for fuel cell system

At the SMM trade fair in Hamburg last week, classification society DNV awarded Yanmar Power Solutions Co., Ltd., a subsidiary...
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Greek tanker operator Kyklades Maritime puts wage access in the hands of its seafarers with ShipMoney partnership

Greek tanker operator Kyklades Maritime puts wage access in the hands of its seafarers with ShipMoney partnership

Piraeus-based Kyklades Maritime Corporation, one of Greece’s most respected independent tanker owners and operators, has partnered with global maritime payments...
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Iran says it plans to announce a new ‘exclusion zone’ near the Strait of Hormuz

Iran says it plans to announce a new ‘exclusion zone’ near the Strait of Hormuz

The new head of Iran’s Supreme National Security Council on Sunday said Tehran plans to announce an “exclusion zone” outside...
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Why are petrol and diesel so expensive despite crude oil not reaching record highs?

Why are petrol and diesel so expensive despite crude oil not reaching record highs?

Pump prices could remain high in Europe, adding to inflationary pressure. The immediate problem is not just the supply or...
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Scarcity of recycling tonnage pushes Indian yards towards highly speculative bids, says Wirana Shipping

Scarcity of recycling tonnage pushes Indian yards towards highly speculative bids, says Wirana Shipping

Indian ship recyclers are increasingly prepared to bid at levels that could result in substantial losses based on current prices...
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