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Spot rate growth slows but ocean container shipping market will remain extremely challenging

Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data from Xeneta, the ocean freight rate benchmarking and intelligence platform, indicates spot rates on major trades out of the Far East will increase again on 15 June, but to a …

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Ardmore Shipping: Leading the charge in energy efficiency technologies

The global push towards sustainability is reshaping industries worldwide, with the maritime sector under significant pressure to reduce its carbon footprint. Ardmore Shipping is leading the charge with its Energy Transition Plan (ETP), a comprehensive roadmap designed to enhance energy efficiency and foster innovation within its tanker fleet. Garry Noonan – Ardmore’s Director, Innovation – …

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Flexibility and Future-facing: Ingredients for A Positive Maritime Industry Outlook

GP General Procurement Company Limited (GENPRO) was delighted to welcome trade and logistics expert Dr. Jan Hoffmann as its keynote speaker at the company’s breakfast networking event in Athens during the Posidonia week to discuss key challenges in shipping and trade. Dr. Hoffmann, Head of the Trade Logistics Branch at United Nations Trade and Development …

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Ecomar joins the fleet

AtoB@C Shipping has on 13th June taken delivery of Ecomar, which is the third vessel in the 12-strong series of 5,350 dwt plug-in hybrid vessels. Ecomar will shortly commence its maiden voyage from India to Europe. “The first vessel has now been in regular traffic for two months and both our team and clients have …

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