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Chief executive Aristides Pittas said the improved strength of the market for intermediate boxships was reflected in a charter extension for the company’s 5,610 teu Akinada Bridge
Stalling crude demand may deepen contango trades, but doubts emerge this will offset lower-than-anticipated exports and lift tanker earnings
Federal Maritime Commission has examined market trends in trade lanes serving the US and actions taken by both individual ocean carriers and global alliances in response to the pandemic
Lloyd’s List and industry experts discuss the updated US Office of Foreign Assets Control sanctions guidance and how any organisation with exposure to shipping or cargoes needs to understand, identify and mitigate the risk to their operations
Ships engaged in long voyages would be hit disproportionately hard, says Intertanko
Transpacific rate records have been driven by ‘genuine surge in demand’ as capacity increased
Grayling will earn £100,000 as a strategic adviser to Hutchison Ports Europe, which operates the UK’s largest container port Felixstowe. The role was approved by the UK’s Advisory Committee on Business Appointments, who deemed that despite the commercial risks, the move will not grant the port operator a competitive advantage if certain conditions are met
DP World and Israeli group DoverTower want to explore the idea of developing Israeli ports and free zones. There is also a shared ambition to consider creating a shipping route between the Red Sea port of Eilat and DP World’s flagship port hub of Jebel Ali
Shipping lobby groups have reiterated their problems with shipping’s inclusion in the EU Emissions Trading System, which European lawmakers supported earlier this week
US State Department officials gave a November deadline for shipments to the east coast refinery to stop, while 16 million barrels of Venezuelan crude remains in floating storage on the opposite coast
The Maersk Etienne impasse exposed serious gaps in international law, with no clear instruction about what happens next after anyone in difficulty at sea is rescued. Politicians must find a solution quickly or lives will be lost and seafarers could essentially become political hostages
Coal and iron ore might not be spared from Chinese onslaught even though it is difficult for China to source iron ore from elsewhere and its domestically produced ore is of a much lower quality. If coal imports are sourced away from Australia, panamaxes and capesizes are forecast to be the worst-hit segments
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