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Carrier profits collapse amid market tensions

From www.seatrade-maritime.com

Financial outlook for carriers is “grim” says consultant as returns head into negative territory and fundamentals combine to compound market challenges.

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Turkey Responds as Ship Damaged in Black Sea Attack is Now Aground

From maritime-executive.com

A cargo ship damaged nearly two weeks ago in a reported attack in the Black Sea has now gone aground in a storm in the Bosphorus region of Turkey.

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CK Hutchison launches arbitration after Panama court voids port concessions

From splash247.com

Hong Kong’s CK Hutchison has launched arbitration proceedings against the republic of Panama, escalating a deepening dispute over two key ports at the Panama Canal following a landmark Supreme Court ruling last week that invalidated its long-held concession contracts. 

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Iran Intercepts American Tanker in Strait of Hormuz

From maritime-executive.com

Two incidents in the waters of the Strait of Hormuz on Tuesday illustrated the degree of tension in the region's waterways as the Trump administration increases its pressure on the regime in Tehran. 

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Maersk and Hapag-Lloyd to route one Gemini service through Red Sea

From splash247.com

Maersk and Hapag-Lloyd are set to resume Red Sea transits on one of their shared Gemini Cooperation services, marking a cautious step back into the corridor after months of widespread diversions around the Cape of Good Hope. 

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Red flags raised over growing cargo theft and freight fraud

From splash247.com

Cargo theft and freight fraud are climbing sharply across global supply chains, prompting a joint warning from the International Union of Marine Insurance (IUMI) and the Transported Asset Protection Association (TAPA). 

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India Approves Plan for Domestic Shipping Line in Broad Container Ecosystem

From maritime-executive.com

The government of India oversaw the formal signing of agreements on February 3, which set out the plans for the country’s new domestic container shipping line to be known as Bharat Container Shipping Line (BCSL). 

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Fighter From USS Abraham Lincoln Shoots Down Iranian Drone

From maritime-executive.com

A US Navy F-35C has shot down a drone which it said was threatening the US carrier USS Abraham Lincoln (CVN-72). 

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Jiangnan Shipyard wins four LNG carriers chartered to Shell

From www.seatrade-maritime.com

Chinese yard and financiers herald deal as a milestone in relations with international energy companies and high-end equipment manufacturers

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Car carrier ordering boom ends as overcapacity fears grow

From splash247.com

The once red-hot car carrier newbuilding spree is showing clear signs of cooling, with overcapacity concerns now looming large across the pure car and truck carrier (PCTC) market, according to AXSRoRo’s latest monthly newsletter.

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UK And China Team Up To Stop Small Boat Supplies Used By Smuggling Gangs

From www.marineinsight.com

The agreement will, for the first time, allow UK and Chinese law enforcement agencies to work together.

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United States CBP Seizes $70,737 From Chinese Ship Captain At Baltimore Port

From www.marineinsight.com

In fiscal year 2024, officers seized an average of $152,418 in unreported or illegal cash each day along U.S. borders.

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Tanker Crew Rescues Yacht in Challenging Weather off Bahamas

From maritime-executive.com

On Monday morning, a merchant tanker rescued three people from a sailboat in distress about 450 miles to the east of Daytona Beach, Florida. 

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Japan's largest power utility signs 27-year LNG supply deal with QatarEnergy

From splash247.com

Japan’s largest power utility Jera has signed a landmark 27-year LNG supply deal with QatarEnergy, marking the renewal of a trading relationship that had steadily waned in recent years. 

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Germany acquires stake in TenneT for $3.9bn

From splash247.com

TenneT Holding has reached an agreement with Kreditanstalt für Wiederaufbau (KfW), acting on behalf of the German government, to sell a 25.1% stake in TenneT Germany for approximately €3.3bn ($3.9bn). 

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Posidonia turns into a month-long shipping marathon

From splash247.com

Posidonia has a new record to go alongside its position as the world’s most famous shipping show. 

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Amazon locks in 110MW from RWE’s German offshore wind project

From splash247.com

Amazon and RWE have signed a power purchase agreement (PPA) for 110MW from the German company’s Nordseecluster B offshore wind farm. 

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TGS secures more OBN work in Europe for 2026 campaign

From splash247.com

Oslo-listed seismic data specialist TGS has been awarded an ocean bottom node contract in Europe, extending the acquisition campaign further for the 2026 season. 

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IPPE report: Feed industry focusing on supply chain resilience 

From www.world-grain.com

Reliance on China for key ingredients threatens food security
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Grain industry to gather for GEAPS Exchange

From www.world-grain.com

Event planned Feb. 21-24 in Kansas City, Missouri, US
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Mid-Iowa Milling acquires two feed companies 

From www.world-grain.com

Transactions grow milling capacity to over 2 million tons annually
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What Went on With Shipping: The World War One Edition Guests: Dan Hill & Spencer Jones 

From www.linkedin.com

What Went on With Shipping: The World War One Edition

Guests: Dan Hill & Spencer Jones

▶️Early Blockade & Cruiser Warfare
▶️Multiple Allied Fronts
▶️1st Unrestricted Submarine Warfare
▶️Battle of Jutland?
▶️2nd Unrestricted Submarine Warfare
▶️Convoys
▶️War & Home Fronts

Video: https://lnkd.in/ed59G_9W

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Michelle Wiese Bockmann: Chariot Tide signalling "not under command" and drifting off Morocco

From www.linkedin.com

Falsely flagged, Russia-trading, sanctioned dark fleet tanker Chariot Tide (ex Marabella Sun with IMO 9323376) is signalling "not under command" and drifting off Morocco. Perhaps having difficulties getting into port when it's "stateless"? (it was broadcasting Tangier as its destination so likely has refined product cargo on board)

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Oil prices climb 2% after US shoots down Iranian drone, worries about armed boats

From energy.economictimes.indiatimes.com

This heightened concerns over US-Iran talks. Meanwhile, a US-India trade agreement offered hope for increased global energy demand.

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