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UNCTAD destaca importancia de los puertos para el desarrollo sostenible

La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …

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Capesize strength propels Baltic index to fifth straight weekly gain

The Baltic Exchange’s main sea freight index slipped on Friday, but registered its fifth consecutive weekly rise bolstered by gains in the capesize vessel segment. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 13 points, or 0.4%, at 3,104 points on Friday. It was up 14.2% this …

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India’s coal import decision to reverse 10% YTD drop and add tonne miles

In a notice released on 5 May 2022, India’s Ministry of Power instructed all power plants to increase their imports of coal. Specifically, the Ministry demands that power plants designed to run on domestic coal start importing at least 10% of their requirements. “As of 9 May, inventories at 105 Indian powerplants have reached critical …

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Decarbonisation a “secondary issue” for Shipping

Long asset lifespans, high energy dependency and limited viable alternatives make shipping one of the harder-to-abate sectors to decarbonise, according to Fitch Ratings. In a special report on long-term climate vulnerability, Fitch said that low margins mean there is a reluctance in shipping to heavily invest, especially into unproven technology. In a business-as-usual scenario, Fitch …

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Drewry: World Container Index Now Just 33.7% Higher Than a Year Ago

Drewry’s composite World Container Index decreased by 0.9% to $7,657.20 per 40ft container this week. Our detailed assessment for Thursday, 12 May 2022 • The composite index decreased by 0.9% this week, but, remains 33.7% higher than a year ago. • The average composite index of the WCI, assessed by Drewry for year-to-date, is $8,768 …

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Back to the futures: New era of container freight hedging begins

What will happen next year, next month, next week? Rarely has the future direction of markets been as unknowable as it is today, so why take all the risk if you don’t have to? Players in commodity and securities markets have long used derivatives to curb downside risk and hedge multimillion-dollar positions. But in container …

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CSL’s New Purpose-Designed Diesel-Electric Self-Unloading Ship Begins Service for Windsor Salt

Earlier this week, Canada Steamship Lines’ new diesel-electric self-unloading vessel, MV Nukumi, successfully completed its inaugural loading and discharge of deicing salt for dedicated customer, Windsor Salt. “The successful launch of Nukumi’s operations is the culmination of many years of planning with our visionary partner, Windsor Salt, to achieve the next level of safe, sustainable …

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Global Ship Lease Announces Participation in Carbon Capture Initiative

Global Ship Lease, Inc. announced its participation in a carbon capture initiative led by Aqualung Carbon Capture AS (“Aqualung”), an innovator in membrane carbon dioxide capture and separation technology, alongside other industry leaders in shipping, energy generation and infrastructure, and lithium production. Global Ship Lease was invited to invest in Aqualung and to pool its …

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Alewijnse presents technology of the future at Maritime Industry 2022

Systems integrator Alewijnse will present technology of the future in a changing maritime world during Maritime Industry, from 17 to 19 May 2022 in Evenementenhal Gorinchem. Within the theme #WeConnectToTheFuture, the company will introduce the latest trends in electrical engineering and automation within the themes that are vital to our maritime ecosystem: smart shipping, digitalisation …

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HMM’s net profit surges almost 2,000 percent as shipping fees soar

HMM’s net profit surged 1,932.8 percent on year to 3.13 trillion won ($2.4 billion) in the first quarter, beating market expectations as shipping fees soared. The figure was higher than FnGuide’s market consensus of 2.49 trillion won. It logged revenue of 4.92 trillion won, up 102.6 percent on year. Operating profit jumped 208.9 percent to …

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