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Vopak and PETRONAS sign MoU to explore opportunities in CCS value chain solutions
Vopak and Petroliam Nasional Berhad (PETRONAS) signed a Memorandum of Understanding (MoU) for the development of the value chain for...
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Payra Port’s first terminal to open for imports by mid-2023: state minister
State Minister for Shipping, Khalid Mahmud Chowdhury, said traders will be able to import through the first terminal of Payra...
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FOSMA & MASSA appeal for fair treatment of 16 detained Indian sailors on MT Heroic Idun, presently in Nigeria
Pursuant to the ship MT Heroic Idun being ‘arrested’ by authorities of Equatorial Guinea at the behest of Nigerian authorities...
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Crew Welfare Enhanced At Anglo-Eastern By Connecting Seafarers With Inmarsat Fleet Hotspot
Anglo-Eastern Ship Management, a leading global provider of ship management services with more than 40 years of experience supporting shipowners...
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Smart Maritime Council releases best practice guidelines for data ownership and access in the maritime industry
The Smart Maritime Council, a cross-industry membership group focused on technology harmonisation, standardisation and interoperability, has released a new set...
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DNV and Maritime and Port Authority of Singapore extend maritime R&D MOU
DNV and Singapore’s Maritime Port Authority (MPA) have agreed to continue their collaboration on decarbonization and digital innovation in the...
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MOL Teams up with JERA to Study Transport of Ammonia Fuel
Mitsui O.S.K. Lines, Ltd. announced that MOL and JERA Co., Ltd. (JERA; President: Satoshi Onoda) have signed a memorandum of...
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Baltic index hits lowest in 2-1/2 months on lower demand for smaller vessels
The Baltic Exchange’s dry bulk sea freight index on Monday dropped to its lowest in more than two months as...
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Greece Remains Biggest Customer for Korean Shipyards for 2nd Year
Greece placed the largest ship orders in South Korea this year, remaining a buttress for the nation’s shipbuilding industry, data...
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Tankers Expected to Emerge as the “Winners” of 2023
It seems that each calendar year since 2020 has each own “winner”, when it comes to the part of the...
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China’s shipbuilding becomes more competitive
As of the end of October, orders for ships have reached 104.44 million deadweight tons in China since the beginning...
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Brazil’s largest port privatization clears the decisive Audits Court
The privatization of Brazil’s largest and busiest sea terminal, the Port of Santos clears another barrier. In effect the final...
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Sonowal launches India’s first Centre of Excellence for Green Port & Shipping
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Saturday announced India’s first National Centre of Excellence for Green...
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Shipping sector sets sail into ‘greener waters’ with wind energy
The shipping industry, lagging far behind other sectors in global decarbonisation goals, is returning to one of the oldest marine...
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MNWB initiates the implementation of seafarers’ welfare activities MLC2006 worldwide
Dr. N. Reuben Paul Chairman of Merchant Navy Welfare Board (India) conducted seafarers welfare conference. The members of MNWB Advisory...
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Tankers and COP27: Will the Existing Financial Conditions Prolong Oil Demand Growth?
The current energy crisis and cost of living conditions could hinder climate goals in favor of fossil fuels. This, in...
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U.S. container freight is shrinking
Container freight volumes at the largest U.S. ports were down 3.8% in September compared with the same month a year...
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Tankers: VLCC Market on “Rally” Mode
Clean The Middle East Gulf has been relatively static this week on the LRs. The TC1 index has held in...
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Sanctions could lift already booming product tankers to new heights
What if country A needs diesel, and country B, located right next door, has that diesel, which it refines from...
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The global shipping industry is facing a new problem — too many containers
While there was a shortage of containers at the height of the pandemic, the global economy is now facing the...
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