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MABUX: Global bunker indices to drift lower on May 18

The Bunker Review was contributed by Marine Bunker Exchange (MABUX) MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and...

CMA CGM to buy large share of aviation company

French carrier CMA CGM is set to acquire up to 9% of Air France-KLM, according to Bloomberg News. Being updated.

New SPM tariff in Mundra Port, India

HPCL-Mittal Pipelines Limited have advised that a revised tariff is applicable for tankers berthing at its SPM in Mundra since 15 May 2022.

Women in the Indian Maritime Sector Have Fought Against All Sorts of Biased Stereotypes : Ms. Summiit Sharma, President WISTA India

International Maritime Organization (IMO), has designated May 18th as International Day for Women Women in Maritime. This initiative is aligned with the United Nations...

Danaos profit soars in ‘exceptional’ first quarter

Danaos, one of the world’s largest independent owners of containerships, reported unaudited results for the quarter ended March 31, 2022. Highlights for the First Quarter...

First purpose-built Taiwan Area SOV enters service on Greater Changhua offshore windfarms

Offshore wind developer Ørsted held naming ceremony on 17 May 2022 for TSS Pioneer, the first purpose-built service operation vessel (SOV) for the Taiwan...

Central EU committee approves carbon quotas for shipping

ENVI, the European Parliament’s environmental committee, has approved a proposed compromise on CO2 quotas for shipping. The proposal is to be used in...

EU Parliament Advances Strengthened GHG Regulations for Shipping

The European Parliament's Committee on the Environment, Public Health and Food Safety (ENVI) has approved the European Union's plans to regulate carbon dioxide from...

Sembcorp Marine's net order book hits $1.75b in Q122

Of the total net orders, $1.51b were projects under execution. Sembcorp Marine's net order book has reached $1.75b by end of Q122, its latest...

U.S., European Firms Rethink China Investment After Lockdowns

U.S. and European businesses are reconsidering their investments in China after the lockdown in Shanghai and restrictions in other cities caused major disruption to...
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