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Top maritime news stories for week ended 6 February

From www.seatrade-maritime.com

Maersk and red ink, Solong Captain jailed, and the rise of dual-fuel vessels. Taking a look at the top stories on Seatrade Maritime News over the last seven days. 

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New storage tanks to lift China’s crude stockpiling demand

From www.vortexa.com

China’s seaborne crude imports have eased from the December peak of over 12mbd, slipping to around 10.6mbd most recently. 

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Boxship sinks off Phuket

From splash247.com

A Panama‑flagged container vessel en route from Port Klang to Chattogram sank off Phuket over the weekend after developing a sudden, severe list.  

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Container lines’ Red Sea mixed messages confuse shippers

From www.seatrade-maritime.com

Shippers are confused by the mixed messages being sent out from carriers regarding the return of container shipping to the Suez Canal route.

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Baltic Dry Index Down for 5th Day

From www.hellenicshippingnews.com

The Baltic Exchange's dry bulk index, which tracks rates for vessels transporting dry commodities, was down for a fifth consecutive day on Friday.

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Indian Coast Guard Busts Three Iran-Linked Shadow Fleet Tankers

From maritime-executive.com

On Friday, the Indian Coast Guard busted three sanctioned tankers allegedly engaged in a "smuggling racket" in the Arabian Sea.   

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Thai Navy Rescues Crew from Sinking Regional Boxship

From maritime-executive.com

The Royal Thai Navy rescued the 16 crewmembers from Bangladesh on a small containership that issued a distress signal on Saturday, February 7. 

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Dockworkers Disrupt Ports in Italy Protesting Alleged Arms Shipments

From maritime-executive.com

Port across Italy were reporting strikes and disruptions in their operations as unionized dockworkers staged a 24-hour strike to protest the alleged “militarization” of the ports. 

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Solstad lines up CSV contract in Asia-Pacific

From splash247.com

Norwegian offshore vessel owner Solstad Offshore has lined up a contract for its 2010-built construction support vessel Normand Tonjer via a letter of intent with an undisclosed client. 

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Tsakos lines up return to LNG newbuilds in South Korea

From splash247.com

Greece’s Tsakos Energy Navigation (TEN) is moving closer to a return to the LNG carrier newbuilding market, lining up its first gas ship orders in roughly seven years. 

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Minerva books suezmax brace at Hengli

From splash247.com

Greek owner Minerva Marine has returned to China’s Hengli Shipbuilding with an order for two suezmax crude tankers, continuing its steady fleet expansion across multiple segments. 

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MSC tops up Jinglu orderbook with eight more 11,500 teu ships

From splash247.com

Mediterranean Shipping Company (MSC) has moved to deepen its bet on LNG-fuelled tonnage, exercising options for eight more 11,500 teu dual-fuel containerships at China’s Penglai Jinglu Shipyard. 

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Venergy steps up LR2 newbuild push

From splash247.com

Fast-growing Greek owner Venergy Maritime is pushing further up the product tanker ladder, firming up a new order for LR2 newbuildings in China as it continues to build scale across the sector. 

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GSX Energy firms up LNG bunker pair in China

From splash247.com

GSX Energy has firmed up an order for two additional LNG bunkering vessels at China’s Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE), lifting its series at the yard to four ships. 

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DOF wins Shell well intervention work in US Gulf

From splash247.com

Norwegian offshore contractor DOF Group has landed a sizeable well intervention contract in North America, securing work with Shell Offshore in the US Gulf of Mexico. 

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Kongsberg wins four-ship deal for new Transpetro tankers

From www.seatrade-maritime.com

Kongsberg Maritime has won a contract to design and equip four handy-size tankers to be built in Brazil and operated by Transpetro, Petrobras’ transport subsidiary. 

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China's Belt and Road Initiative Boomed in 2025

From maritime-executive.com

Last year, Chinese companies’ “engagement” in 150 countries involved in the Belt and Road Initiative (BRI) reached its highest level since the BRI was launched 12 years ago.

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French Private Equity Firm Buys Vigor Industrial

From maritime-executive.com

French private equity firm Antin Infrastructure Partners has reached an agreement to buy the American shipyard company Vigor Marine Group, bringing new foreign ownership to a key ship repair partner for the U.S. Navy and Coast Guard.

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Rio Tinto, Glencore call off merger

From www.linkedin.com

A potential deal that would have formed the world's biggest mining group was called off after Rio Tinto couldn’t justify the premium Glencore sought for its business.

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Global food prices drop for fifth straight month

From www.world-grain.com

FAO FPI falls despite slight rise in Cereal Price Index
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Solar array powers Cargill Australia crush plant 

From www.world-grain.com

Newcastle facility produces canola oil, cottonseed oil and animal meals
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Soufflet Malt breaks ground on South Africa facility 

From www.world-grain.com

Part of commercial partnership with Heineken Beverages
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Port of Liverpool secures large shipment from ADM 

From www.world-grain.com

Shipment carried more than 67,000 tonnes of mixed agribulk cargo
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RWE ends offshore wind energy in France

From www.linkedin.com

Who woulda thunk it! 🫠 RWE ends offshore wind energy in France. The energy company RWE has long been skeptical as to whether it is still worthwhile to erect wind turbines off the coast of France.

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