China Seeks Feedback on Use of LNG as Marine Fuel

The Chinese Transport Ministry is seeking feedback from the country’s key maritime and shipping players on the advancement of the use of liquefied natural gas (LNG) as marine fuel. The ministry addressed the letter seeking comments to shipping companies, port and maritime authorities as well as oil companies, asking them to submit their opinions on […]

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Ghana, Cote d’Ivoire Meet Over ITLOS Ruling Implementation

Ghana and Cote d’ Ivoire on Thursday started a two-day consultative meeting in Accra to deliberate on outstanding issues holding up the implementation of the ruling by the Special Chamber of the International Tribunal for the Law of the Sea (ITLOS) on the maritime boundary dispute between the two countries. The 16-member implementation committee of Ghana, […]

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Drewry: Reefer Trade Growth to Push Freight Rates Up

Despite moderating perishable seaborne trade growth, continued modal shift will sustain expansion in the containerised reefer trade and so support freight rate development, global shipping consultancy Drewry said. Containerised reefer traffic expanded by 8% in 2017, outpacing the growth in overall seaborne reefer trade. The growth was mainly driven by the continued shift of cargo from […]

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MSI: Container Charter Earnings Level Off in July

After a pattern of divergence at the start of the year, July saw a modest realignment between charter and freight markets in the container shipping sector, the research and consultancy firm Maritime Strategies International (MSI) said. Following an impressive run since the end of 2017, time charter earnings have levelled off in recent weeks, a slowdown that […]

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Drunken Master Suspected of Gross Negligence after Freighter Grounds off Sweden

A freighter got grounded on a sandbank off the Swedish coast, just two days after the salvage operation of the stricken car carrier Makassar Highway was completed. The general cargo vessel has been identified as 2012-built BBC Lagos, registered in Antigua Barbuda. The ship ran hard aground south of Helsinborg harbor, Sweden, on August 3. […]

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Petro-Piracy Returns to Gulf of Guinea

Nigerian pirates have taken 35 seafarers from vessels in the Gulf of Guinea from January through June 2018, according to a report from security services company EOS Risk Group. The number of sailors removed from vessels and held for ransom was the same as witnessed during the first half of 2017. However, petro-piracy, which had […]

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