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FEBRUARY 18, 2025

Maersk and Cochin Shipyard partner to explore ship repair and shipbuilding activities in India Automobile exports surge 40.2 pc in Jan. India analysing the impact of US duties on China EU to impose counter measures against US tariffs Huge growth prospects seen for India-Israel bilateral trade DP World gives a fillip to Egyptian manufacturing by facilitating first export shipment of passenger vehicles from Ain Sokhna Port Swire Shipping scores high in reliability Syria renews CMA CGM's terminal lease at Latakia port New train service from Kandla Container Terminal connecting multiple ICDs Container shipping in 2025 expected to see softer rates, rising debt and increased volatility: Report VOC Port handles 25 pc more cargo in Feb. New Mangalore Port Authority extends rebate Bengaluru railway division runs the first ACT1 double-decker train to transport SUVs Cochin Shipyard plans Rs 2,000 cr. expansion at Cochin Port Andhra Pradesh to be transformed into a clean, green energy hub: Naidu B'desh to close six sick facilities under Land Ports Authority DGGI detects Rs 1,196 cr. GST fraud Apple seeks govt help over equipment delays at Chinese ports

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FEBRUARY 18, 2025

Delhivery operates India's first road train IMO and Saudi Arabia launch project for seafarers GW expands US presence in Phoenix Reconomy appoints CEO of 're-use loop' First 'SkyCourier' delivered to Canada Counting Kiwis' cargo New wind in Saudi automotive sector Chefs Culinar optimises route planning with Descartes PIK's longest piece of cargo "Curiosity of the Day" Jaxport completes vehicle expansion project phase Infrastructure measures bolster safety and efficiency Firefighting equipment in Panattoni Park Graz Süd

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FEBRUARY 17, 2025

The shape of Asia-Europe shipping capacity as the new alliances bed in Bangladesh Shipping Corp set to return to container sector with 12-ship deal Carriers should 'share some of the risk', say shippers eyeing new contracts A Spirited disaster Tariff pandemonium and port congestion New Schiphol tariff hikes unfair on freight and will 'harm air cargo hub' status OceanX: Last-ditch attempt to save sliding rates in turbulent times Rough seas drive powerless MSC box ship aground on Canadian coast Alarm bells ringing with the end of de minimis - ultimately it will add costs Battle of the biofuels as shipping takes a stand against using crops

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FEBRUARY 17, 2025

Artemis teams with Seattle's Delta Marine on U.S.-built eFoilers Belfast, Northern Ireland-based Artemis Technologies has signed a Memorandum of Understanding (MOU) with Seattle super yacht builder Delta Marine Industries to manufacture eFoiler foiling ferries specifically for Washington's Puget Sound. Artemis Technologies Gasum charters in new LNG bunkering vessel Celsius Aiming to fulfill its ambition to increase marine market LNG and bio-LNG availability in northwestern European, Finnish-based energy company Gasum is chartering in a new 7,800 cubic meter bunker vessel, to be

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FEBRUARY 17, 2025

Kuehne+Nagel, Acer Europe renew decarbonization partnership Kuehne+Nagel has renewed its strategic partnership with Acer Europe to further decarbonize sea freight through the use of biofuel. In its third year, the collaboration has already achieved a reduction of 475 tons in emissions, reflecting both companies' strong commitment to environmental sustainability. "We are proud to work with Kuehne+Nagel, a reliable and trustworthy partner, in our goal to re Graffiti on Containers: A Vivid Fusion of Art and Industry Imagine a row of industrial shipping containers, their once uniform and metallic surfaces now bursting with color. Each container is a canvas, covered from top to bottom in vibrant graffiti. The artwork varies wildly in style and subject matter, reflecting the diverse expressions of anonymous street artists. Words and phrases in stylized fonts stretch across the containers, some conveying powerfu Ukraine shipping sector shows tenacity amid US-Russia piece talks in Saudi Arabia As officials from the Trump administration head to Saudi Arabia to initiate peace talks with Russian and Ukrainian negotiators, the global gaze turns not only to the geopolitical implications but also to the economic repercussions, particularly within Ukraine's maritime sector. This announcement, notably not anticipated by Kyiv, positions the Ukraine shipping industry at a crossroads of opportuni MSC applies new freight rates from Far East to Mediterranean MSC has announced new freight rates from all Far East ports, including but not limited to ports in Japan, Korea, and Southeast Asia, to Mediterranean ports (covering West Med, East Med, Adriatic, and North Africa), as well as Black Sea ports. These rates will be effective from 1 March 2025, until further notice, but not extending beyond 15 March 2025. Port of loading Port of discharge New Base Ra CentrePort and Tu Atea join forces for New Zealand's first private 5G network CentrePort is partnering with Maori-owned communications provider Tu Atea Limited to deploy New Zealand's first commercial private 5G network, offering ultra-fast and secure connectivity across its Wellington port facilities. Set to launch in the third quarter of 2025, the network will provide dedicated high-speed connections for port operations, starting with dozens of tablet devices used in veh CLdN completes major investment to expand capacity at Liverpool's Brocklebank Terminal CLdN has announced the successful completion of a multimillion-pound investment in its Brocklebank terminal at the Port of Liverpool. The infrastructure enhancements have optimized space utilization and streamlined cargo movement processes. A new gate system and terminal operating system have been introduced to improve the overall customer experience for cargo drop-off and pick-up operations. As IMO GHG strategy reaches watershed This week's Intersessional Working Group on greenhouse gas (ISWG-GHG) emissions will be critical to the outcome of April's 83rd meeting of the Marine Environment Protection Committee (MEPC 83) with two major proposals seemingly under discussion, from China and another by 49 nations plus the European Union (EU) and the International Chamber of Shipping (ICS) Maersk and India's Cochin Shipyard to explore ship repair and building collaboration opportunities A.P. Moller - Maersk and Cochin Shipyard Limited (CSL) signed a Memorandum of Understanding (MoU) to explore collaboration opportunities in ship repair, maintenance, and building activities in India. This partnership aligns with the Government of India's Vision 2047 maritime objectives and recent Union Budget 2025-26 announcements to position India among the top five global maritime hubs. India f PSA Ventures and NIDLP launch supply chain partnership PSA Ventures and the National Industrial Development and Logistics Program (NIDLP) have announced a strategic collaboration to foster innovation and support emerging startups. The partnership is focused on developing and scaling Minimum Viable Products (MVPs) with clear commercialization potential, driving transformative technologies to shape the future of global supply chains. This alliance will Boluda orders four Konecranes hybrid RTGs Boluda Maritime Terminals Tenerife has placed an order with Konecranes for four hybrid Rubber-Tired Gantry (RTG) cranes, featuring advanced Smart Features. The contract was finalized in December 2024. Boluda, an independent port operator at the Port of Tenerife, plays a key role in container handling and logistics in the Canary Islands, a strategic hub connecting Africa, the Americas, and Europe. CMA CGM works on steering process after accident Down Under French container line CMA CGM is fine-tuning its steering guidance across its fleet after ambiguous procedures caused one of its ships to collide with a navigational beacon in the Yarra River, the Australia Transport Safety Bureau (ATSB) said on 12 February AAPA LATAM unveils new board for maritime innovation American Association of Port Authorities (AAPA) LATAM recently announced its new Board of Directors to foster networking and develop a comprehensive strategy for the continent and its global partners. The board's primary mission is to drive transformation in the regional maritime industry by prioritizing innovation, sustainable growth, and collaboration across all stakeholders in the sector, incl China's Trade Strategy in South America: What's the Plan? China's increasing influence in Latin America's maritime sector signifies a strategic expansion into a region traditionally dominated by the United States Port of Oakland Board appoints first female Executive Director The Oakland Board of Port Commissioners has appointed Kristi McKenney as the new executive director of the Port, following the announcement of Danny Wan's retirement on 28 February. "I'm grateful and excited for this opportunity to lead during such a transformative time in Port history. I look forward to implementing the Port's 5-year Strategic Plan that will help grow local employment and contra Port of Hamburg proceeds with fleet modernization Last week, the Hamburg fleet celebrated two significant milestones in Estonia. The new pilot transfer vessel, HAMBURG PILOT 3, was successfully launched and is now ready for delivery. Simultaneously, construction began on the HAMBURG PILOT 4 at the Estonian shipyard Baltic Workboats AS. These vessels will replace the existing pilot boats LOTSE 3 and LOTSE 4, further advancing the environmentally DP World's Carbon Inset Programme hits 100,000 TEUs in two months The world's first container port Carbon Inset Programme has achieved a significant milestone, registering over 100,000 TEUs of import-laden containers by cargo owners within its first two months. Introduced by DP World in the United Kingdom in December 2024, the six-month trial began on 1 January and offers importers 50kg CO2e of carbon credits for each loaded import container processed through D SeaLead launches new Mediterranean to US service SeaLead has unveiled its latest offering, the Mediterranean to USA (MEDUS) service, which aims to establish a vital connection between Morocco, Türkiye, and

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FEBRUARY 17, 2025

Maersk seals pact with India's top yard AP Moller-Maersk has signed a memorandum of understanding with India's Cochin Shipyard to explore ship repair and shipbuilding opportunities. The strategic partnership, which aligns with India's aim to be among the top 10 maritime nations by 2030 and the top five by 2047, is expected to see the first Maersk vessel repair at Cochin already ... Sirius Shipping links up with Gasum for LNG bunker newbuild Sweden's Sirius Shipping has partnered up with Finnish state-owned energy company Gasum for a new bio-LNG bunker vessel. The 7,800 cu m vessel, jointly owned between the two companies, will be built at RMK Marine yard in Istanbul, Turkey, for delivery into Gasum charter in 2027. No value of the investment was revealed, which Gasum ... Balmoral teams with Korean firms for work on Equinor's floating wind farm Balmoral Comtec, a subsidiary of offshore energy supply chain firm Balmoral has signed a memorandum of understanding (MoU) for work on Equinor's Firefly floating wind project with South Korea-based LS Cable & System and LS Marine Solution. This agreement follows LS Cable & System's recent MoU with Norwegian energy giant Equinor for cooperation on the ... Africa increasingly seen as the next crewing frontier With shortages of crew from traditional seafaring sourcing nations, Schulte Group shipmanager BSM has turned to West Africa as its new source of seafarers. Germany's Bernhard Schulte Shipmanagement is diversifying its crew pool by launching a maritime training centre in Ghana, located on the campus of the Regional Maritime University in Accra. The offered courses ... CORE POWER launches civil nuclear program focused on floating power plants Shipping nuclear propulsion start-up CORE POWER has announced that it will develop a US-anchored maritime civil nuclear program that will bring floating nuclear power to the market by the mid-2030s. The program, named Liberty, will encompass modular construction of advanced fission technology and create the regulatory and supply chain frameworks necessary to enable this technology ... Pushback campaign against biofuels launches at the IMO Hapag-Lloyd and Louis Dreyfus Armateurs are among a host of shipping lines and organisations initiating a big pushback campaign today against the growing use of biofuels in shipping, warning that an area the size of Germany would need to be recultivated to meet potential projected growth of this alternative marine fuel. The eighteenth Intersessional Working ... EU looks at developing cable-laying fleet The European Commission, the EU's executive body, is looking to create a fleet of cable repair ships in a public/private initiative which could be a boost for the continent's shipyards. Following a spate of cable and pipeline outages, primarily in the Baltic, in recent months, bureaucrats in Brussels have become aware of the shortage of ... NYK unveils new Yokohama shipping subsidiary Nippon Yusen Kaisha (NYK) has unveiled the name of a new shipping subsidiary based out of Yokohama. Last July NYK sealed a deal to take over the majority of Eneos Ocean Corporation's fleet, a brand that was formerly known as JX Ocean. The Japanese shipping line bought an 80% stake in a new company that ... Enesel bags $142m from sale of modern LR2 pair The first modern LR2 transaction of the year has been sealed. Brokers note that Greek owner Enesel has sold a pair of scrubber-fitted, Shanghai Waigaoqiao-built vessels, named Kavafis and Elytis. The vessels, built in 2023 and 2024, fetched $142m en bloc, sold to unspecified compatriot owners according to Clarksons, price levels that are comparable to those ... Have your say on how ships will evolve over the next decade How will technologies - and by extension, operations - have evolved onboard by the year 2035? A survey launched by Splash in partnership with Inmarsat today seeks reader input on how ship operations will change in the coming decade with results due to be published in Ship Concept 2035, a magazine due for distribution at ... MSC boxship grounds off Newfoundland The Canadian Coast Guard is assessing how best to refloat a containership that ran aground on Saturday morning off Newfoundland. The MSC Baltic III lost power outside the entrance of Bay of Islands, the crew issuing a mayday, with the 22-year-old ship running aground in Wild Cove west of Lark Harbour. The crew were successfully ... Data standardisation is maritime's next great revolution Arnaud Dianoux, Opsealog's managing director, explores recent research into how harmonising digital information will enhance operational efficiency,

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FEBRUARY 17, 2025

Scrubber trend not over yet: Uptake still rising despite tighter fuel spread The premium of VLSFO to HSFO has averaged under $100 per tonne for the past six months, curbing fuel-cost savings... The week in charts: Trump's 'massive' reciprocal tariffs | The trauma of the livestock carrier fleet | Russia-Ukraine peace prospects put pressure on tanker sentiment The National Retail Federation warns that Trump's newly announced reciprocal tariffs 'will be extremely disruptive to our supply chains', livestock... China's Dongying port acts as sanctions bypass valve following vessel calls The recent tracking of port calls highlights emerging entry points forming in China for sanctioned oil Map of shipping likely to be redrawn by 'Trump effect', says leading broker New US administration could lead to Europe becoming 'more pragmatic' in its approach to decarbonising shipping Biofuel fraud a threat to decarbonisation Biofuel bunker fraud risks undermining shipping decarbonisation. The coming rush for supplies creates opportunities for unscrupulous suppliers, sources said It's crunch time at the IMO. Or is it? Lloyd's List senior reporter Declan Bush explains why this is a really important week at the IMO, but also why... Boxship charter market stays strong as high enquiry levels continue Boxship charter rates show no sign of slowing down, despite falling freight rates and a deluge of new ships Biofuel curbs needed for shipping net zero plans, green lobby group report finds Palm and soyabean oil would comprise up to two thirds of biofuel used by ships by 2030, with an impact... Yemen Coast Guard intercepts military equipment destined for Houthis The dhow was loaded with a 40 ft container filled with jet engines used in cruise missiles, reconnaissance drones, marine... MSC containership runs aground off Newfoundland The vessel experienced a loss of power and ran aground off Lark Harbour, Canada, in 'unfavourable' weather and conditions The week in newbuildings: Orders valued at $5.2bn signed Orders for one ro-pax, a heavylift vessel, two general cargoships, seven gas carriers, 11 tankers and 13 boxships placed in... Asia-Europe demand growth could see short-term plunge if Red Sea crisis eases suddenly Empties are increasingly being repositioned to Asia from North America west coast ports as it is faster than moving them... Russia-US peace talks to end Ukraine war 'generally positive' for tanker markets If US-brokered talks with Russia that begin this week end the war in Ukraine, global oil trades are likely to... The Daily View: Blurred lines Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping Daily Briefing Baltic tension simmers as Estonia says it is prepared to stop ships in international waters | Trump's 'massive' reciprocal tariffs...

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FEBRUARY 17, 2025

Sinokor raises VLCC exposure with AET deal as market awaits clarity on Iran UK broker Braemar says question hangs over whether Trump will strike Iran deal or apply 'maximum pressure' VLGC rate average crumbles below $30,000 per day as futures point to rebound Middle East-to-Japan rates slide to five-month low Mining restarts after Australian cyclone that blew capesize spot rates into the doldrums Baltic Capesize Index saw a small advance on Monday US judge halts court fight between HMM and Samsung Electronics as Washington battle continues Decision reinforces Federal Maritime Commission's role in handling liner disputes Armed speedboat gang stashes cocaine on Hapag-Lloyd container ship Ecuador's navy recover 800 kg of the drug from the Guayaquil Express Marco Polo first-quarter profit hit by vessel chartering and shipbuilding decline CEO expects new investments in CSOV, crew transfer vessels and fourth dry dock to pay off in the second half of 2025 Armed speedboat gang stash cocaine on Hapag-Lloyd container ship Ecuador's navy recover 800kg of the drug from the Guayaquil Express Sirius Shipping and Gasum team up on LNG bunker vessel newbuilding New ship targeted at expanding supply of LNG and bio-LNG in north-west Europe Will Donald Trump's 'drill, baby, drill' policy make him a knight in shining armour for tanker owners? President may have little sway over drilling, but EV and tariffs could have an impact on the crude market trajectory 'Covert support': Russia rebukes IMO boss Arsenio Dominguez over dark fleet probe Senior transport official accused global body of backing US-led sanctions programme Core Power launches US nuclear floating power programme to tap $2.6trn market UK start-up says Liberty project to pave way for reactors on cargo vessels Six-figure sums on offer in container ship time-charter market as major lines take in tonnage Tight supply and firm demand see rates hit $100,000 per day for short-term deals VLCC rates to push $80,000 per day in prolonged upcycle driven by Donald Trump's crackdown on Iran Clarksons and Braemar weigh in on effect of Donald Trump's crackdown on Iranian oil Jailed Russian tycoon ordered to pay costs after loss of shipping empire Judge criticises secrecy over Ziyavudin Magomedov legal fund in $14bn case ESL Shipping restructuring unprofitable bulker time charters as earnings stagnate Finnish handysize owner saw 2022 deals end last month What next for product tanker owners as ceasefire and Red Sea swing factors drag down stocks? Analysts believe shadow fleet is a key factor for mainstream companies worried about effects of a Red Sea reopening Eitzen-backed Christiania Shipping steps into 'energy trading' with bunkering and carbon credits play Danish company's move follows a flurry of sale-and-purchase deals Western Bulk stock plummets after 'soft' earnings and pessimistic outlook Arctic Securities says there is 'limited downside' now US blacklistings leave almost two-thirds of tankers sanctioned in January inactive Bloomberg report shows the effect of latest blacklisting round on Russia-trading ships Drone attack strikes key oil pipeline feeding Russian Black Sea port Main outlet for Kazakh oil sends through crude at 'reduced rates' Ukraine drone attack strikes key oil pipeline feeding Russian Black Sea port The main outlet for Kazakh oil sends through crude at 'reduced rates' Pankaj Khanna eyes M&A action as Heidmar wins merger vote to list in US Reverse takeover deal with MGO Global will close this week Shipowners take aim at biofuels amid warning decarbonisation drive will make climate change worse Campaigners say spike in biofuel use could lead to area size of Germany being cleared for plant-based oils Capital Gas ship becomes the second non-sanctioned LNG carrier in over a year to take Red Sea route Will other LNG vessels follow in current rock-bottom market? Dutch owner Longship returns to profit as fleet growth boosts bottom line Newbuildings are helping the result at shortsea specialist Andonis and Filippos Lemos tipped for tasty profit as twin tanker deal snaps sales drought Tanker S&P revival spills over into large and recently delivered LR2s 'Accident waiting to happen': Master and manager sentenced over fatal cargo ship collision Scot Carrier captain receives suspended jail term for 2021 incident off Sweden NYK and Eneos Ocean form new venture after 41-ship fleet deal Outfit will take over Eneos Ocean's non-crude oil shipping business Dire earnings to squeeze cash flows: Major LNG carrier owners cut by Fearnley Securities with dividends in focus Capital Clean Energy Carriers, CoolCo and Flex LNG put on 'hold' Seafarers airlifted to safety after MSC container ship grounds in rough weather Canada's coast guard working on salvage of vessel 'No hocus-pocus': Norway's Matre family opens up on fleet renewal at Arriva Shipping CEO says Donald Trump has brought an element of 'suspense' to shipping markets MPC Container Ships downgraded on back of 'Suez and tariff uncertainty' Arctic Securities says 'equity market will focus more on uncertainty and less on what MPCC has achieved' Chinese leasing company sells vintage storage VLCC for recycling Minsheng Financial Leasing's decision to sell ageing former OSG tanker comes as lease to FSO operator ends Marco Polo first quarter profit hit by ship chartering and shipbuilding decline CEO expects new investments in CSOV, crew transfer vessels and fourth drydock to pay off in the second half of 2025 U-Ming stacks up orderbook with capesize bulk carriers worth up to $312m Taiwanese shipowner has ordered up to four newbuildings at Hengli Heavy Industry First US LNG export project permit granted under Trump administration Move comes as Donald Trump sets up new National Energy Dominance Council

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FEBRUARY 17, 2025

Georgia port tops US ro-ro gateways Georgia's Port of Brunswick saw vehicle volumes surge on expansion projects and diversions from the Port of Baltimore. Jaxport completes vehicle berth expansion The Jacksonville Port Authority has completed the first of two vehicle berth projects to handle additional vehicle vessel calls. New UPS air route targets trade from France to Hong Kong UPS has deployed a 747 freighter to carry French exports to Hong Kong. The primary front-haul route is typically from China and Hong Kong to Europe. WATCH: Helicopter lifts crew to safety from grounded container ship A crew of 20 was safely rescued from the container ship MSC Baltic III after it ran aground off Nova Scotia.