News
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Tankers: Crude Flows Constantly Shifting
Seaborne crude oil flows keep on changing, with China having recently emerged as major buyer of US crude oil. In…
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Carrier reliance on leased container fleet to support higher per diems and cash returns
Drewry expects the global pool of container equipment to contract by 2% in 2023 as trade growth remains weak and…
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Long-term ocean freight rates hit two-year low just as record new levels of ships enter the market and overcapacity adds further pressure
Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta’s Shipping Index (XSI®)…
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Emissions regulations drive innovation in low-carbon technologies
Erma First Flexcap on a ship propeller (source: Erma First) 31 Jul 2023by Riviera News As the industry’s decarbonisation…
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Issue 125
“We look forward to continuing our engagement with the IMO as the implementation of the revised GHG strategy gradually unfolds.“…
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Low Rhine River Water Level is Taking its Toll in Ship Traffic
The low water level of one of the main fuel distributions artery, the Rhine River, is causing significant disruption. In…
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Dry Bulk Market: Capesize Segment Edged Higher This Week
Capesize After a slow beginning to the week, the Capesize market experienced a surge on Wednesday with a rise of…
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Drewry: Container Equity Index Up 10.4% in July
Container shipping equities have started recovering after significant declines in 2Q23, anticipating an uptick in demand with the peak season’s…
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Dry Bulk Market: Japan’s Iron Ore Demand Keeps Retreating
Iron ore demand from Japan have been steadily falling over the past few years, even before the pandemic and so…
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INTERCARGO warns against complacency as liquefaction remains greatest contributor to deaths in dry bulk sector
Cargo liquefaction still remains the greatest contributor to loss of life associated with bulk carrier losses while grounding remains the…
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