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Shipping industry grapples with ways to cut cargo fires at sea
Reuters via Yahoo Finance· 1 year agoGlobal shipping companies are exploring ways to boost safety in transporting cargoes as risks grow...
Zim downsizing its container ship fleet as demand disappoints
FreightWaves via Yahoo Finance· 10 months agoAfter rapidly expanding its fleet during the boom, ocean carrier Zim is backpedaling and shedding...
Autonomous shipping startup Orca AI tops up with $23M led by OCV Partners and MizMaa Ventures
TechCrunch· 2 weeks agoThe "autonomous navigation" market -- where ships steer themselves guided by AI, resulting in fuel...
Controversy swirls over shipping stocks that sink as rates rise
FreightWaves via Yahoo Finance· 11 months agoConcerns over highly dilutive share offerings by microcap shipowners have been building for years....
A first-of-its-kind boat is making waves in the open ocean: ‘It will change the game, for sure’
The Cool Down via Yahoo Finance· 7 months agoAll types of transport are going electric these days as people increasingly turn away from...
COVID boom not over yet for ‘landlords’ of shipping lines
FreightWaves via Yahoo Finance· 1 year agoOutsize profits are still flowing to companies like Danaos and Costamare that lease ships to...
Tanker shipping’s ‘odd couple’ prepares for a divorce
FreightWaves via Yahoo Finance· 8 months agoTanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to...
Marine workers, unions want new ferries built in B.C.
CBC via Yahoo News· 2 months agoLabour unions and marine workers in British Columbia are calling on B.C. Ferries to build its new...
UPDATE 3-Shipping, power owner Atlas agrees to higher $11 bln buyout by Poseidon
Reuters via Yahoo Finance· 2 years agoMarine and energy asset owner Atlas Corp will be taken private after accepting a sweetened $10.9 billion acquisition offer from Poseidon Acquisition Corp, the companies said on Tuesday. Such ...
Boomtown, B.C.: The planned growth of the liquefied natural gas industry is turning Kitimat into the...
Financial Post via Yahoo Finance· 1 year agoMarilyn Furlan is older than the town of Kitimat. At 74, the Haisla Nation elder has lived at the...