CMA CGM Reinforces Presence in Cameroon

CMA CGM Reinforces Presence in Cameroon

The CMA CGM inaugurated its new logistics platform, the Cameroon Container Terminal (3CTC Terminal), on February ...

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Egypt Setting Up Police Force to Protect Suez

Egypt Setting Up Police Force to Protect Suez

A new police department tasked with protection of the Suez Canal is being set up in Egypt amid growing threats to ...

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LNG Shipping Rates Sliding

LNG Shipping Rates Sliding

The shipping rates to transport Liquefied Natural Gas have fallen to around USD 50,000 a day, the lowest in over ...

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SGMF Issues First LNG Bunkering Safety Guidelines

SGMF Issues First LNG Bunkering Safety Guidelines

The Society for Gas as a Marine Fuel (SGMF) has released its first edition of the LNG Bunkering – Safety ...

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Global Container Volumes Rise

Global Container Volumes Rise

Global TEU volumes increased by 4% in 2014 to 135.4 million TEUs, the Port of Rotterdam Authority reports. ...

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The Shipowners’ Club: Be Wary of New Charterers

The Shipowners's Club Be Wary of New Charterers

A mutual shipping insurance association The Shipowners’ Club has warned its members to exercise caution and ...

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Intra-Asia Container Freight Rates Hit Four-Year Low

Intra-Asia Container Freight Rates Hit Four-Year Low

Container shipping rates on intra-Asia trades have fallen to their lowest level in four years, according to ...

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Noble Energy Nabs Egypt LNG Deal

Noble Energy Nabs Egypt LNG Deal

The Egyptian Gas Holding Company (EGAS) signed on February 16 the contract with the Texas-based Noble Energy for ...

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Crowley Accord Takes Five Tankers Under Its Wing

Crowley Accord Takes Five Tankers Under Its Wing

Ship management venture Crowley Accord Management was awarded full technical management contracts for five new ...

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Dry Bulk Rates to Bounce Back in Late 2015

Dry Bulk Rates to Rebound in Late 2015

Recovery in dry bulk shipping rates not expected until at least the second quarter of 2015.

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Tanzania Ports Authority Head Suspended

Tanzania Ports Authority Head Suspended over Alleged Corruption

Tanzania Ports Authority's (TPA) acting director Madeni Kipande suspended indefinitely.

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Liner Reliability Plunges

Container Ship

Liner service reliability fell to a record low in January as the effects of US West Coast congestion and the ...

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Baltic Dry Index Hits New Record Low

BDI Hits new record low

The Baltic Dry Index (BDI) dropped by another eight points reaching its new record low at 522 points on Monday. The ...

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ESC: Shipping Alliances Lead to Market Convergence

Hamburg Süd

The increased collaboration between the French container ship operator CMA CGM and Germany’s Hamburg Süd will ...

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IOM: More Needs to Be Done on Saving Migrants

IOM Urges for Coordinated Response to Saving Migrants

Amid escalating violence in Libya, the International Organization for Migration (IOM) called on world governments ...

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Shipping and Private Equity Could Be a Perfect Match

Shipping and Private Equity Could Be a Perfect Match

The time is right for the private equity sector to finance products and services designed to keep the shipping ...

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Drewry: ECA Compliance Costs Shippers Nothing

Drewry ECA Compliance Costs Shippers Nothing

The implementation of the new marine pollution regulation in North Europe and the US since January has so far ...

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Shipping Industry Faces Erroneous Payment Risks

Shipping Industry Faces Erroneous Payment Risks

The shipping industry is at a high risk of unauthorised and/or erroneous payments due to the nature of the movement ...

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Italy Saves Over 2,000 Mediterranean Migrants

Italy Saves Over 2,000 Mediterranean Migrants

Four migrant smugglers armed with Kalashnikov guns threatened one of the Italian coastguard’s motorboats ...

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Readers’ Picks of the Week (9-13 of Feb)

Readers’ Picks

Kuwaiti Oil Tanker Fights Off Pirate Attack A Kuwaiti oil tanker sailing through the Gulf of Aden managed to fend ...

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Update 2: Baltic Dry Index Plummets Further

Baltic Dry Index

The Baltic Dry Index has fallen to 540 points February 12, marking a further 13 point (-2.35%) slide compared to ...

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Seago Line Starts North Europe-Morocco Link

Seago Line Starts North Europe-Morocco Link

The Danish shipping company Seago Line, an independent entity within the A.P. Moller – Maersk Group, is starting a ...

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Libyan Hariga Port Resumes Oil Exports

Libyan Hariga Port Resumes Oil Exports

Libya’s Port of Hariga saw its first oil tanker, the Greece-flagged Minerva Zoe, after Petroleum Facilities ...

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Zacks: Shippers Have Good Year Ahead

Zacks Shippers Have Good Year Ahead

2015 will be good for the shipping industry with sector specific risks projected to decline and new investment ...

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ICS Points to Flag State Underperformers

ICS Points to Flag State Underperformers

The International Chamber of Shipping (ICS) has published its annual Shipping Industry Flag State Performance ...

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Maersk Line Improves India-West Med Links

Maersk Line Improves India-West Med Links

Maersk Line has launched a new Middle East 5 (ME5) service to enhance direct connections between South India, ...

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Term of the Day: Container Manifest

Shipping Containers at Port

Today’s term of the day is a container manifest, which is a document showing contents and loading sequence, ...

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