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1 week ago | 
shippingwatch.com | Jens M. Thomsen |Liv Almer
Maersk has become more flexible, allowing the company to quickly reroute its ships. This paid off in the first quarter, according to Vincent Clerc. BY JENS THOMSEN, LIV ALMERWhile Maersk’s CEO is confident about the container shipping company’s earnings for the rest of the year, the group’s customers are hit differently by the US trade war, which is particularly aimed at China.
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1 week ago | 
shippingwatch.com | Jens M. Thomsen |Liv Almer
If Trump’s deal with the Houthi militia is anything to go by, a reopening of the Suez Canal could trigger serious overcapacity in the container market, analysts predict. by JENS THOMSEN, LIV ALMERThe good times in the container market continued into the first quarter of the year thanks to the crisis in the Red Sea and fears of the tariff war declared by US President Donald Trump against most of the world.
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2 weeks ago | 
shippingwatch.com | Liv Almer
Proceeds from the bonds will be used to refinance existing debt and for general corporate purposes. Swiss logistics major Kuehne+Nagel has issued two bonds totaling CHF 400m (USD 485m), according to a company statement.
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2 weeks ago | 
shippingwatch.com | Liv Almer
Collaboration in pools can help the industry reach its climate goals. The chief exec of Finland’s Ahti Climate also sees great interest in ammonia and wind among bulk operators.
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2 weeks ago | 
shippingwatch.com | Liv Almer
The lead negotiator for USMX during the recent dispute with US west coast dockworkers has been promoted to head the organization. The employer organization United States Maritime Alliance (USMX), which represents shipping companies such as APM Terminals and MSC, has appointed F. Paul De Maria as its new CEO and chairman, writes USMX in a press release.
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3 weeks ago | 
shippingwatch.com | Liv Almer
The fees will hurt US shippers, importers and consumers, according to China Shipowners’ Association. A number of Chinese companies, industry associations and authorities have leveled harsh criticism after the US Trade Representative (USTR) announced its pending port fee on ships built in China on Friday, according to Xinde Marine News.
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1 month ago | 
shippingwatch.com | Liv Almer
Chief exec, Niels Clemensen is open to a route to the US in case there is demand. Right now, however, it is not an option. One year after Niels Clemensen took over as chief executive of the Greenlandic container carrier Royal Arctic Line (RAL), significant changes have been made.
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1 month ago | 
shippingwatch.com | Liv Almer
Both the business model as well as the employees give an edge to the company in unpredictable times, says chief executive Sinan Utlu. The so-called asset lightmodel used by dry bulk operators in particular could prove to be a golden opportunity at a time of rising trade tensions and proposed US tariffs on Chinese-built ships, says XO Shipping boss Sinan Utlu.
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1 month ago | 
shippingwatch.com | Liv Almer
Several ships have been ordered to immediately cease operations and drop anchor. Seven countries have blacklisted the Norwegian insurance company Ro Marine for issuing forged insurance policies and certificates to hundreds of ships from the Russian shadow fleet, report media outlets Danwatch and NRK, which revealed the operation at the end of March.
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1 month ago | 
shippingwatch.com | Liv Almer
”The initiative ensures that no vessels or ship owners related to illegal activities operate under the Panamanian flag,” writes the Panamanian maritime authority. 107 ships have been de-listed from Panama’s flag register by the Panama Maritime Authority (PMA), writes the PMA in a press release, also revealing that another 18 ships are in the process of being deregistered.
