shippingsolutions – Page 2 – Centrix Maritime

Maersk Tankers Forms Large-Scale Tanker Company Through Acquisition Of Penfield Marine

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For an undisclosed fee, Maersk Tankers has purchased US pool operator Penfield Marine, creating a key player in the oil and product tanker industry that will oversee roughly 240 vessels. Tina Revsbech will lead the merged company, which will function under Maersk Tankers and Brand and have its offices in Copenhagen. Tim Brennan and Eric …

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MSC Overtakes Maersk In Becoming the World’s Largest Shipping Line

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According to recent data released by Alphaliner, MSC Mediterranean Shipping Company added more than one million TEUs (20-foot equivalent containers) in 2023, solidifying its status as the largest shipping line globally. At the start of 2022, MSC surpassed Maersk to become the largest shipping line worldwide. From that point on, the Geneva-based major’s leading fleet …

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China’s COSCO Shipping Reveals the World’s Biggest Electric Containerships

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The 700TEU electric container ships N997 and N998, constructed on December 28 by COSCO Shipping Heavy Industry Co., Ltd., were acquired by COSCO Shipping Development. “Zhongyuan Haiyun Lvshui 01” and “Zhongyuan Haiyun Lvshui 02” are the world’s first electric container ships for the River-Sea Direct Service. This type of ship was independently researched, planned, and …

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Maersk pauses Red Sea sailings after Houthi attack on Singapore-flagged container ship

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Iranian-backed Houthi militants attacked a Maersk container vessel with missiles and small boats, prompting the company to pause all sailing through the Red Sea for 48 hours, Maersk said on Sunday (Dec 31). The crew of the Maersk Hangzhou crew was safe and there was no indication of fire onboard the vessel, which was fully …

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In The Face Of Escalating Houthi Attacks, BP Suspends Oil And Gas Shipments Across The Red Sea

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BP was the first oil corporation to suspend shipments in the Red Sea, citing a deteriorating security environment as a result of increased attacks by Yemeni rebels on ships sailing a route that accounts for 10% of all international commerce. Brent crude, the worldwide benchmark, finished the day 1.8% higher at $77.95 a barrel. The …

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Bulgaria Is Preparing To Negotiate With Somali Pirates Following The Hijacking Of The MV Ruen

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In response to the recent capture of the Bulgarian bulk carrier MV Ruen, which is listed under the Maltese flag, Bulgaria is preparing for discussions with Somali pirates. The yacht, which was detained last week, arrived off the coast of Puntland, Somalia, near Bander Murcaayo during the weekend. The Bulgarian prime minister announced that talks …

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The World’s Largest Container Shipping Line Has Purchased A 49% Stake In Adani’s Ennore Terminal

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Adani Ports and Special Economic Zone Ltd (abbreviated the APSEZ) announced on Friday that it had entered into a second strategic partnership with Mediterranean Shipping Company’s (the MSC) arm, Terminal Investment Limited (abbreviated TiL), for the seamless operation of Adani Ennore Container Terminal Pvt Ltd (popularly known as the AECTPL). TiL is a partner of …

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In The Midst Of A Surge In Houthi Attacks, The United States And Its Allies Have Banded Together To Protect The Red Sea Route

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The US and its allies are trying to launch a global operation to protect ships passing through the Red Sea. The move was made in response to an increase in Houthi attacks, which prompted concerns about the safety of commercial transportation on this crucial waterway. Following intensive conversations prompted by the recent surge in armed …

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Concerns About Security Have Grown After A Bulgarian Bulk Carrier Was Boarded In The Eastern Indian Ocean

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A bulk ship operated by a Bulgarian business and flying the Malta flag was reportedly boarded on Thursday in the eastern Indian Ocean near Socotra Island in Yemen, according to a statement from the British maritime security company Ambrey. The incident occurred after a similar occurrence with the same vessel occurred earlier in the Arabian …

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