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Monthly Archives: February 2020

LNG Bunkering Operations Triple in Spain in 2019

Ship operators carried out 195 liquefied natural gas (LNG) bunkering operations at Spanish ports in 2019, 135 more than in the previous year, Spanish authorities said on Friday.81,704 cubic metres of LNG was supplied to ships during the year.The upward...
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Diana Shipping Fixes Coronis with Koch

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Panamax dry bulk vessels, the m/v Coronis.The global shipping company…
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Ofgem Selects Hornsea One OFTO

UK energy regulator, the Office of Gas and Electricity Markets (Ofgem), has selected Diamond Transmission Partners as the preferred bidder for the offshore transmission of the 1200MW Hornsea Project One wind farm in the UK.Diamond Transmission…
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WACT to commence Phase 2 Upgrade

The West Africa Container Terminal (WACT) is quickly earning a reputation as the gateway to Eastern Nigeria and a strong alternative to ports in Lagos.Investment in the Phase 2 upgrade, due to commence within the next 18 months, will help meet volumes…
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Green Bunker Demand Jumps at Rotterdam

Low-sulfur fuel sales rose sharply in Rotterdam in the last quarter leading up to the implementation of International Maritime Organisation (IMO) 0.5pc sulfur cap on 1 January.According to Port of Rotterdam, the demand for LNG, bio and low-sulfur…
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Coronavirus to Hit Earnings: Maersk

Global integrated container logistics company A.P. Moller - Maersk posted improved earnings and free cash flow for 2019, despite weaker market conditions and global container growth of only 1.4 percent.However, the Danish business conglomerate…
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Hamburg Süd Invests in the Mediterranean

Hamburg Süd is now exclusively represented by its own offices in Italy and Spain after business was previously partially handled by agents and joint-venture organizations. Furthermore, in Egypt the company has taken full management of Hamburg…
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NWSA January Container Volumes Drop

The Northwest Seaport Alliance’s total container volume for January 2020 was 263,816 twenty-foot equivalent units (TEUs), a 19.1% decrease from January 2019.Following an unprecedented international container throughput for the same month last year — ti...
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Radio Holland Renews MSA with Jumbo

Jumbo Shipping has renewed its MSA (Managed Service Agreement) contracts with Radio Holland,The renewal of the MSA contracts concerns four vessels and has been established for the next four years.Jumbo renewed the MSA contracts with Radio Holland…
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Baltic Index Gains for Fifth Session

The Baltic Exchange's main sea freight index rose for the fifth straight session on Thursday, supported by an uptick in demand across all vessel segments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bul...
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