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Iran to expand shipping routes to West and Southwest Africa
Iran plans to expand its shipping routes to West and Southwest Africa following a decision by the African Affairs Task...
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“K” LINE’s UK Subsidiary to Be Reorganized and Renamed
“K” LINE LNG SHIPPING (UK) LIMITED, a London-based corporation wholly owned by Kawasaki Kisen Kaisha, Ltd. (“K” LINE), will be...
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OrbitMI and Statu Shipping Partner to Enhance Compliance and Emissions Management Across its Fleet
OrbitMI, a leading provider of maritime SaaS software, announces that Istanbul-based Statu Shipping has deployed its compliance solutions across its...
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Iron ore drops as China property data raises demand concerns
Iron ore futures slumped on Monday, as a series of property data from top consumer China heightened concerns over the...
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ICS and CMI launch updated campaign Promoting Maritime Treaty Ratification
Yesterday, the International Chamber of Shipping (ICS) and the Comité Maritime International (CMI) launch an updated campaign for ‘Promoting Maritime...
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Maritime Technologies Forum Announces New Report to Strengthen Ship Management for Ammonia-fuelled Ships
The Maritime Technologies Forum (MTF) has today released a report providing recommendations on how to develop and implement a Safety...
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New Shipbuilding Forces Could Emerge in the Coming Years
USA, India, Vietnam could emerge among the leading gainers from US’ new policies when it comes to the shipbuilding industry....
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Why e-methanol is a game changer for decarbonizing shipping and industry
Worldwide, policy-makers and industry leaders are ramping up the decarbonization of “hard-to-abate” sectors such as shipping and the chemical industry....
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Titan completes first bunkering to MOL under new term contract
Titan Clean Fuels (Titan) and Mitsui O.S.K. Lines (MOL) have completed the first LNG and liquefied biomethane (bio-LNG) bunkering operation...
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Hefty port entrance fees likely pass on to consumers in the US
The United States’ plan to impose substantial port docking fees on Chinese ships is likely to be passed on to...
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Economic Fears, Trade War Will Hit European Diversified Industrials’ Orders
Concerns over global economic growth and tariffs, as well as continuing weakness in some end-markets, including automotive and construction, will...
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Federal Reserve preview: No imminent pressure, but downside growth risks point to 2H rate cuts
The economy isn’t living up to expectations At the start of the year there was plenty of optimism around. The...
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Asian spot LNG prices dip amid tepid demand
Asian spot liquefied natural gas (LNG) prices slipped this week to a three-month low, as tepid demand in the region...
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Barclays cuts 2025 Brent oil price forecast on soft demand view
Barclays lowered its 2025 Brent oil price forecast by $9 per barrel to $74 per barrel, citing a softer demand...
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Cyprus: ‘Challenging’ year ahead for shipping, says president
The year 2025 is expected to be another challenging year for international shipping, which should remain resilient and continue to...
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MOL, Namura Shipbuilding, Mitsubishi Shipbuilding Acquire AiP for Large Ammonia-powered Ammonia Carrier- Major Step toward Enhanced Ammonia Transport Capacity
Mitsui O.S.K. Lines, Ltd. announced that a large-size ammonia-powered ammonia carrier, under joint development by MOL, Namura Shipbuilding Co., Ltd....
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Charting the uncharted: The (un)intended consequences of oil sanctions and dark shipping
Despite formal restrictions, untracked oil continues to reach global markets, calling into question the true effectiveness of oil sanctions. This...
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Russian diesel continues to flow to Syria on US-sanctioned tankers, data shows
A second tanker under U.S. sanctions is moored near the Syrian port of Banias and may deliver a diesel cargo...
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Tankers: VLCCs Slightly Higher Last Week
Clean LR2 MEG LR2’s have been in notable demand this week, as a result freight levels have spiked. The TC1...
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Americas Aframax demand could take a hit amid non-renewal of Venezuelan sanctions waiver
The US Department of the Treasury recently announced that Chevron’s sanctions waiver was not renewed, meaning the company will no...
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