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Vantris Energy Divests Stake In L&T-Sapura Shipping As Part Of Portfolio Optimisation Strategy

Vantris Energy Divests Stake In L&T-Sapura Shipping As Part Of Portfolio Optimisation Strategy

Vantris Energy Berhad announced the divestment of its 40 percent equity interest in L&T-Sapura Shipping Pvt. Ltd. (“LTSSPL”) which owns...
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Delfin expects to greenlight first floating LNG vessel in February

Delfin expects to greenlight first floating LNG vessel in February

U.S.-based Delfin Midstream said on Monday it expects to reach a final investment decision for its first floating liquefied natural...
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Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Altair With Bunge

Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Altair With Bunge

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that,...
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Banks embrace eBL Interoperability with Live Cross-Platform Trade Finance Transaction in Thailand and China

Banks embrace eBL Interoperability with Live Cross-Platform Trade Finance Transaction in Thailand and China

Continuing their unique collaboration, GSBN, IQAX and ICE Digital Trade now enable cross-platform electronic bill of lading (eBL) transactions involving...
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US competition to dent Chinese demand for Brazil’s soy in 2026, trade group says

US competition to dent Chinese demand for Brazil’s soy in 2026, trade group says

Sales of U.S. soybeans to China will partly dent demand for the Brazilian product this year from the world’s largest...
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Carbon Neutral EcoCreation Plan Turns Cruise Ship Plastic Waste Into Marine Fuel

Carbon Neutral EcoCreation Plan Turns Cruise Ship Plastic Waste Into Marine Fuel

Carbon Neutral LLC today announced strategic collaboration discussions with EcoCreation LTD, a South Korea–based waste to Fuel technology company specializing...
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Maersk Europe Market Update – January 2026

Maersk Europe Market Update – January 2026

Ocean and Key Ports Update On 19th December 2025, a Maersk vessel sailing on the MECL service successfully completed transit...
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Carriers to pass higher EU ETS costs on to customers

Carriers to pass higher EU ETS costs on to customers

Major global container liners have informed customers of higher tariff surcharges due to changes in the EU Emissions Trading System...
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Vitol to load first diluent cargo under Venezuela supply deal this weekend, sources say

Commodities trader Vitol is expected to load the first cargo of naphtha from the U.S. to Venezuela this weekend under...
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Drewry: Intra-Asia Container Index Down 5%

Drewry: Intra-Asia Container Index Down 5%

Updated weekly, Drewry’s Intra-Asia Container Index (IACI) decreased 5% in the second week of January, reaching $665 per 40ft container....
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US seizes fifth oil tanker linked to Venezuela, officials say

US seizes fifth oil tanker linked to Venezuela, officials say

US forces have seized another tanker in the Caribbean Sea, officials say, as the Trump administration continues its efforts to...
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Companies scramble to secure ships, assemble operations to transfer Venezuelan oil, sources say

Companies scramble to secure ships, assemble operations to transfer Venezuelan oil, sources say

Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas...
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US seeks to assert its control over Venezuelan oil with tanker seizures and sales worldwide

President Donald Trump’s administration on Wednesday sought to assert its control over Venezuelan oil, seizing a pair of sanctioned tankers...
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Tanker Market: VLCC Rates on the Rise

Tanker Market: VLCC Rates on the Rise

Clean LR2 MEG LR2’s improved optimistically this week. The TC1 75kt MEG/Japan index rose 12 points to WS180. This moved...
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China issues crude oil import quotas to ex-Sinochem refineries, sources say

China issues crude oil import quotas to ex-Sinochem refineries, sources say

China has issued crude oil import quotas for 2026 to three refineries based in Shandong province, which were sold last...
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Frontline – Strategic Fleet Renewal and Expansion

Frontline – Strategic Fleet Renewal and Expansion

Frontline plc. announces a strategic fleet renewal initiative, involving both the acquisition of new vessels and the sale of older...
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Shipbreaking Monthly: European Parliament adopts the Omnibus I deregulation package

Shipbreaking Monthly: European Parliament adopts the Omnibus I deregulation package

Happy 2026! The Shipbreaking Platform team would like to wish you all a year full of happiness, compassion, and good...
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MOL, ITOCHU Sign MOU for Strategic Partnership to Promote Use of Environmental Attribute Certificates- Toward Decarbonizing the Transportation Sector

MOL, ITOCHU Sign MOU for Strategic Partnership to Promote Use of Environmental Attribute Certificates- Toward Decarbonizing the Transportation Sector

Mitsui O.S.K. Lines, Ltd. announced the signing of a memorandum of understanding (MOU) for a strategic partnership with ITOCHU Corporation...
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Maritime cocaine smuggling – a European perspective

Maritime cocaine smuggling – a European perspective

Gard recently provided an overview of cocaine trafficking as it effects commercial vessels, operations and crew. Based on the report...
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Europe’s surging LNG imports in 2025 reshape gas supply dynamics: traders

Europe’s surging LNG imports in 2025 reshape gas supply dynamics: traders

Europe’s LNG imports in 2025, surpassing volumes seen in prior years, have reshaped the continent’s gas supply dynamics, according to...
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