All Shipping articles – Page 41
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Rotra Mare extension complete
Holland Shipyard Group has completed the extension of the heavy transport vessel Rotra Mare.
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Bunker prices surge
Russia’s invasion of Ukraine has continued to cause oil prices to soar. Bunker prices have reached record highs, with no sign of slowing.
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Rates stable but outlook unclear
Both Toepfer Transport’s and Drewry’s multipurpose time charter indices report another rise in rates over the last month, albeit at a slower rate of growth.
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BIFA to survey views on container shipping market
The British International Freight Association (BIFA) is surveying its entire membership to ascertain views on the current practices undertaken by container shipping lines, as well as opinions on the easements and exemptions provided to those lines under competition law.
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HFW advises on seafarer rights declaration
Law firm HFW has advised on the Geneva Declaration designed to define and defend the human rights of the global maritime population and those crossing the world’s oceans and seas.
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VertomCory comes to life
Cory Brothers Shipping Agency and Vertom Agencies have completed their merger to become VertomCory.
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P&O converts MCVs for container transport
P&O Maritime Logistics has modified one of its multi-carrying vessels (MCV) to transport containers, marking its entry into the box transportation sector.
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Supply chain reacts to conflict
Ukraine continues to prove resilient in the face of Russia’s invasion. The latter is coming to terms with strong sanctions and international companies cutting ties.
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United O7 opens in Houston
Ocean7 Projects is joining United Heavy Lift’s (UHL) operation in Houston, Texas, as the companies continue to expand under their combined United O7 banner.
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Suez tolls to increase for MPPs
The Suez Canal Authority said in a circular that it will increase canal tolls by up to 10 percent for laden and ballast vessels.
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Orderbook rises
Newbuilding orders for containers, bunkers, small dry, tankers and gas vessels increased in 2021, according to VesselsValue, rising 32.7 percent from 2020’s orderbook to 1,286 vessels.
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The possible fallout for international shipping
The immediate impact of Russia’s invasion of Ukraine on the world economy and container shipping is thus far fairly small, but that could change quickly, according to maritime analyst Drewry.
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Höegh agrees to sell ro-ro duo
Höegh Autoliners and Pioneer Leasing have entered into an agreement to sell the ro-ro vessels Höegh Maputo and Höegh Singapore.
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Dryad updates Ukrainian risk assessment
Dryad Global has provided an updated risk assessment on the Black Sea and Bosporus region.
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On the edge
The February 22 decision by Russia to recognise separatist regions of Eastern Ukraine as independent was a dramatic escalation of a crisis that has been growing since 2014. A large-scale incursion into Ukrainian territory will result in unnecessary and unwanted bloodshed, and Russia’s violation of Ukrainian sovereignty has provoked international outrage.
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Allseas Global’s continued China Xpress expansion
Allseas Global Logistics has further boosted its China Xpress service with the addition of a long-term time chartered 2,000 teu vessel.
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Ulstein unveils ship design
Ulstein Design & Solutions has revealed its HX118 heavy lift vessel design for offshore wind foundation installation.
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FPSO floats onto BOKA Vanguard
Boskalis has deployed its semi-submersible heavy transport vessel BOKA Vanguard to transport the 70,000-tonne FPSO Johan Castberg.
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NYK eyes Japanese offshore expansion
NYK will open a branch office in Akita during April to support the development of the domestic offshore wind energy industry.
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AAL ups newbuild order
AAL Shipping has ordered another pair of third-generation 32,000 dwt newbuildings.