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Affected by the #OWBunker collapse? Get the full story with our unique cross-industry coverage http://bit.ly/1ZkEjYX
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Catch up with this week's top 5 most read stories on Lloyd's List. Container stories dominate the most read this week, with a distinct Asia slant. 
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Download your free copy of the latest issue of #TheIntelligence, our monthly take on the business of shipping. This issue asks whether shipping companies are violating sanctions in #Crimea: http://promo.lloydslist.com/landingpages/the-intelligence/
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Everything you need to know about shipping and the #GreekCrisis http://www.lloydslist.com/ll/topic/greek-crisis/
Lloyd's List is the leading daily newspaper for the maritime industry covering all sectors of the shipping world including Tankers, Containers, Ports and Dry Bulk
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From hull coatings to air bubbles, there are many new systems that are aimed at helping improve a ship’s efficiency

Out of the following options which do you think is the best energy-efficient technology available?
1 vote  -  votes visible to Public
1. Ducts
0%
2. Hull coatings and performance
100%
3. De-rating the engine
0%
4. Monitoring software
0%
5. The hull
0%
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Have them in circles
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Last month Kathy Espina went on board the Marie Maersk to meet it's captain, John Møller Jensen, and bring us a #ViewFromTheBridge  http://bit.ly/1Xa6g3M
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Last recorded words of #ElFaro master played at USCG hearing. Master tells shore-based staff 'clock is ticking' as hull breach is reported. 
RECORDINGS of the last communications between the master of El Faro and shore-based staff were played on Saturday to a US Coast Guard Marine Board of Investigation hearing into the vessel’s sinking.
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China Cosco Shipping Group eyes top tier in global container shipping. Chairman Xu Lirong seeks more market influence in global shipping sphere 
CHINA Cosco Shipping Group, the new entity created by the merger of country’s two largest shipping conglomerates Cosco and China Shipping, will create a Chinese fleet that can match its western rivals and hold greater sway over the world container shipping arena.
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FREE TO READ: Dorian LPG has 13 vessels being built, which will enter the Helios pool either on the spot market or on time charters: http://bit.ly/1gzBjHc
VERY large gas carrier spot rates are edging closer to the all-time record high of $142 per tonne achieved on July 21, 2014, having settled at $135.50 per tonne by close of business on Monday on the Baltic Exchange.
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Container lines are unlikely to make a profit this year as overcapacity and low rates hit the bottom line, according to a new report from Drewry.
“A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015,” Drewry said: http://bit.ly/1G6BP4d
'Toxic' behaviour to hit box lines' profitability. 'Radical action' needed to reduce overcapacity, says Drewry. CONTAINER lines are unlikely to make a profit this year as overcapacity and low rates hit the bottom line, according to a new report from Drewry.“A toxic mixture of overcapacity, ...
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What now for the country’s shipowners as voters shock Europe with ‘No’ vote?

GREECE’s shipping industry is facing a prolonged period of anxiety over its place in its homeland after a Greek referendum that has intensified speculation about the country’s potential exit from the euro and is perceived to have at least bruised the European project.

In Sunday’s hastily-organised referendum on one of the latest versions of the new austerity package put forward by Greece’s troika of creditors – the European Central Bank, the European Commission and the International Monetary Fund – an unexpectedly high 60% of voters gave prime minister Alexis Tsipras the clear “No” vote he had sought.

The vast majority of shipowners and other members of the maritime community will have voted “Yes” as the outcome least likely to harm hopes of a return to stability and the country’s standing in Europe.

Among the bitter ironies of the plebiscite, which has left banks closed and the economy hanging by a thread, was that shipping people were nominally supporting a draft that included a proposal to take away the industry’s privileged status under Greek law.

A crucial few days now follow. For the industry much will now depend on the climate between the Tsipras administration and the creditors, and whether shipping remains on the hit-list. If so, the devil could be in the details and number crunching to follow.

At the start of 2015, shipping was fearful of an intemperate attack upon it by Mr Tsipras’ incoming radical-left Syriza government, but in the end it has been the creditors that have targeted it in increasingly forlorn efforts to get the country’s numbers to add up.

Since the debt crisis blew up in 2009, the troika has often tried to add shipping to the long list of pots to be raided for more funds, but previous governments have rebuffed the moves.

According to the documents that the referendum put to the vote, although the creditors insist these are no longer on the table, Greece is being told to “increase the rate of the tonnage tax and phase out special tax treatments of the shipping industry”.

Underlining that shipping is now firmly in the sights of the creditors, last week European Commission president Jean-Claude Juncker, in a remarkable televised   press conference, used shipping to illustrate how it fell to the troika to kick some common sense into the Greek government to wind up tax breaks for “vested interests”. In his account, the radical left government was presented as more reluctant to tamper with the industry’s legislative framework.

Find the full article here bit.ly/LL_Reports_Greece 

  #exclusivefreecontent
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Spot rates for chemical tankers improve but cargo volumes are still flat, putting sustained recovery in jeopardy.

STOLT-Nielsen, which has the world’s largest chemical tanker fleet, saw second quarter net profit rise to $42.8m from $31.1m in the period last time, reflecting higher spot market rates for its chemical tankers.

Read on...http://bit.ly/1H3M7WG
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Have them in circles
255 people
Unitrd Blue Sea's profile photo
Martin van der Hoeven's profile photo
Sebastião de Arruda Neto's profile photo
Holly Dunsdon's profile photo
Chris Dempsey's profile photo
John Scott's profile photo
Blue Line's profile photo
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Azzobeir Baqacha's profile photo
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