Maritime Economy
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2017 Jul 24
Tanker
New Tanker Regulations May Impact Oil Prices
The advent of super oil tanker ships and giant freight carriers, along with upcoming rules on sulfur used in marine vessel fuel, are expected to influence demand and pricing in bunker fuel and crude oil.
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2017 Jul 21
Disney Cruise Line
Disney Cruise Line is growing with three new ships by 2023
Disney Cruise Line’s fleet is going through a growth spurt.
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2017 Jul 19
COSCO
Cosco to acquire OOCL for US$6.3 billion
COSCO SHIPPING Holdings Co. Ltd., a majority owned subsidiary of China COSCO SHIPPING Corporation Ltd, Shanghai International Port Co., Ltd and Orient Overseas Limited jointly announced that COSCO SHIPPING Holdings and SIPG have made a pre-conditional voluntary general offer to all shareholders of OOIL to acquire all issued shares at an offer price of HK$78.67 in cash.
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2017 Jun 28
Drewry
Multipurpose shipping market to strengthen on growing demand
Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the multipurpose shipping sector, according to the latest Multipurpose Shipping Market Review and Forecast report published by global shipping consultancy Drewry.
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2017 Jun 26
Honfleur
Brittany Ferries confirms LNG cross-channel ferry order
Almost exactly a year after the Brexit vote, Brittany Ferries has confirmed the order for a new LNG cruise ferry with a budget of around £175m. It will operate on the company’s busiest route from Portsmouth to Caen with a planned arrival in spring 2019 – as Brexit negotiations move towards completion.
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2017 Jun 13
tanker
Crude oil, fuel shipping costs from Qatar set to rise on port ban
The costs to ship fuel and crude oil from Qatar are expected to rise after the United Arab Emirates banned vessels that previously called at Qatar from docking at UAE ports, multiple sources from the oil and shipping sectors said on Monday.
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2017 Jun 13
Drewry
2nd Edition Report assessing the financial health of the container shipping industry now available
Drewry Financial Research Services Ltd., the investment research arm of global shipping consultancy Drewry, is pleased to announce the launch of its 2nd Edition special report into the financial health of the global container shipping industry.
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2017 Jun 07
Maersk
Maersk says unable to ship Qatar bound cargo from UAE, seeks alternatives
Maersk (MAERSKb.CO) can no longer transport goods in or out of Qatar after Arab countries imposed restrictions on trade with the tiny Gulf state and the company is looking at alternative shipping routes.
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2017 Jun 02
MSC Cruises
MSC Cruises and STX France confirm order for LNG-powered World Class cruise ships
MSC Cruises’ World Class ships will be the world’s largest by passenger capacity.
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2017 May 26
Hapag Lloyd
Hapag-Lloyd finally completes merger with UASC
Hapag-Lloyd and UASC pushed through further consolidation in the liner shipping industry as the pair finally completed their merger.
