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ZIM Moves Forward with Blockchain-Based Bill-of-Lading

Israel-based liner company Zim Integrated Shipping Services (ZIM) is set to begin offering the opportunity to all its customers to switch to electronic Bills-of-Lading based on blockch...

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2020 Bulkers to Finance New Ships with USD 240 Mn Loan

Norwegian shipowner 2020 Bulkers has signed a USD 240 million deal for the post-delivery financing of its newbuilding program.
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Fourth Tug on Its Way to Yantian Express

The third ocean-going tug arrived today to join fire-fighting activities involving burning containership Yantian Express, owned by German liner company Hapag-Lloyd, the company spokesp...

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Port handling problems for megaships ‘past their worst’

Senior analyst says terminals have now largely learned to effectively manage Ultra Large Container Vessels, but they still present significant issues when off-schedule. The challenges for c...

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Ocean market set to tighten due to lowered capacity expectations

Greatly reduced’ orders for ultra-large container vessels should aide container supply-demand balance, as major carriers focus on becoming global logistics integrators, Drewry reports. Le...

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Crew Evacuated from Fire-Stricken Yantian Express

Hapag-Lloyd has evacuated the crew of the containership Yantian Express after the fire aboard the vessel increased in intensity.
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Fuel Spills from Maersk Ship during Bunkering in Hong Kong

An unknown quantity of bunker fuel has spilled from a container vessel owned by Danish shipping giant Maersk during bunkering operations in Hong Kong, a company spokesperson confirmed...

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Panama Canal Cuts Maximum Draft for Neopanamax Locks

The Panama Canal Authority (ACP) has decreased the maximum allowable draft for vessels transiting the Neopanamax locks at the beginning of January.
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