Capesize bulker market improves amid ‘tight Atlantic’
Smaller asset classes also avoid losing ground over past week
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November 2021
US Federal Maritime Commission Hires New Secretary
The U.S. Federal Maritime Commission Chairman Daniel B. Maffei today announced the hiring of William “Bill” Cody to serve as the agency’s Secretary.Cody has more than 20 years of extensive legal and administrative experience at the federal and…
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INTERTANKO Members Support Net Zero Emissions by 2050
The Council of Members of the International Association of Independent Tanker Owners (INTERTANKO) has agreed that international shipping should strive to achieve net zero CO2 emissions by 2050. This doubles the level of ambition set in the Internationa…
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Wärtsilä Launches EEXI Power Limitation Solutions
The technology group Wärtsilä has launched a new series of power limitation solutions that enable compliance with the IMO’s Energy Efficiency Existing Ship Index (EEXI) regulation.The EEXI regulation comes into effect in 2023 and stipulates…
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Tanker Market Could Find New Level of Support
The tanker market’s fundamentals seem to be edging towards offering some level of support to freight rates. In its latest weekly report, shipbroker Intermodal said that “inflation is the word that has dominated the meetings of foreign leaders and finan…
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