COSCO Takes Delivery Of Multi-Purpose Ship

COSCO Takes Delivery Of Multi-Purpose Ship

COSCO Shipping Special Carriers have welcomed into the fleet its second 68,000-ton ice-class multi-purpose pulp ship, named Green Kotka. The methanol-ready ship was built by Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. The Green Kotka is designed to...
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ECOWAS To Assemble ‘Standby Force’ Over Political Crisis In Niger

ECOWAS To Assemble ‘Standby Force’ Over Political Crisis In Niger

The Economic Community of West African States (ECOWAS) has approved armed intervention in Niger Republic “as soon as possible”.  The President of ECOWAS, Omar Alieu Touray, made this announcement while presenting the ECOWAS resolutio...
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Tinubu’s Speech At ECOWAS Extraordinary Summit On Niger Republic

Tinubu’s Speech At ECOWAS Extraordinary Summit On Niger Republic

Your Excellency, the President of the ECOWAS Commission; Your Excellency, President of the African Union Commission; Your Excellency, President of the UEMOA Commission; The Special Representative of the Secretary General of the United Nations in...
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MSC Makes Fresh Order For Ten LNG-Powered Containerships

MSC Makes Fresh Order For Ten LNG-Powered Containerships

The world’s largest container shipping firm MSC has returned to Chinese shipbuilder Zhoushan Changhong International Shipyard with an order for an additional ten LNG-powered containerships. The deal will see Zhoushan Changhong International Shipyard build te...
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Niger Republic Shuts Airspace

Niger Republic Shuts Airspace

Niger’s coup leaders have closed the country’s airspace until further notice, citing the threat of military intervention from their neighbours. Flight tracking website Flightradar24 is showing that there are currently no aircraft in Niger’s s...
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Ocean Giants To Forge Mega Fleet

Ocean Giants To Forge Mega Fleet

China-based companies specializing in ocean-based heavy lift transport COSCO SHIPPING Specialized and Guangzhou Salvage have concluded a joint venture deal leading to the creation of a fleet of 18 semi-submersible vessels by the end of 2023. World Maritime New...
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Four Contenders Join Race For HMM’s $3.9b Privatization

Four Contenders Join Race For HMM’s $3.9b Privatization

Four bidders have thrown their hats in the ring for the privatization of HMM, Korea’s largest shipping company, as the government seeks to divest a controlling stake valued at 5 trillion won ($3.9 billion). HMM Co Ltd, formerly Hyundai Merchant...
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Shell Partners Firm On Maritime Decarbonisation

Shell Partners Firm On Maritime Decarbonisation

United Kingdom design and engineering consultancy company Houlder and Shell International Trading and Shipping Company Limited (Shell) have agreed to work together to identify, evaluate, and further develop solutions to accelerate the decarbonisation of the ma...
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IMO Gets New Secretary-General

IMO Gets New Secretary-General

The International Maritime Organization (IMO) Council has appointed Arsenio Antonio Dominguez Velasco of the Republic of Panama, for an initial 4-year term as the next Secretary-General. Valesco will start his tenure as of 1 January 2024, subject to the Assemb...
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IMO Begins 129th Session, To Pick New Secretary-General

IMO Begins 129th Session, To Pick New Secretary-General

The 129th session of the Council of the International Maritime Organization (IMO) has commenced, bringing together representatives from member states worldwide.  The event takes place from the 17th to the 21st of July 2023. World Maritime News report that...
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Australia Appoints First Woman To Lead Central Bank

Australia Appoints First Woman To Lead Central Bank

Australia’s central bank says it will be led by a woman for the first time since it was founded in 1960. Michele Bullock will succeed Philip Lowe, who is coming to the end of a seven-year term as governor of...
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IMO To Adopt Revised GHG Strategy As Marine Environment Protection Committee 80 Kicks Off

IMO To Adopt Revised GHG Strategy As Marine Environment Protection Committee 80 Kicks Off

The Marine Environment Protection Committee (MEPC) – 80th session has opened at the International Maritime Organization (IMO). After several months of negotiations, the MEPC 80 session is expected to adopt an upgraded IMO greenhouse gas strategy. Specif...
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America’s 10 Richest People Worth More Than 106 Poorest Countries

America’s 10 Richest People Worth More Than 106 Poorest Countries

The concentration of wealth in the hands of a privileged elite has long been a subject of concern and scrutiny, with the gap between the poor increasingly widening. The impact of the gap is highlighted by the fact that the...
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IndiGo Places Order For 500 Airbus A320 Aircraft

IndiGo Places Order For 500 Airbus A320 Aircraft

Indian carrier IndiGo has made a record order for 500 Airbus A320 aircraft – the largest single purchase agreement by any airline in commercial aviation history. The deal, announced on the first day of the Paris Airshow, is worth roughly...
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