The Free and Hanseatic City of Hamburg is prepared for a United Kingdom exit from the European Union – even should Brexit occur without any treaty with the EU.

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In January-October 2018, the port of Primorsk handled 53,488,300 tonnes of cargo, which is 7% down, year-on-year. According to the port authority, crude oil transshipment fell by 12% to 38,544,700 tonnes.

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GTT announces it has received an order from the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two LNG carriers, on behalf of the ship-owner Gaslog.

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In 2018, the port of Ust-Luga handled 98,728,500 tonnes of cargo, down 4%, year-on-year, says Baltic Sea Ports Administration.

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In 2018, the Port of St. Petersburg handled 59.32 million tonnes of cargo (+11%, year-on-year).

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The dry bulk market’s fundamentals are still positive, given that during 2018, net fleet growth was quite low, at 3% despite the fact that demolitions stood at record low levels.

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World coal seaborne trade grew 3.7 percent last year helped by higher output in India, Indonesia and Russia, Germany’s VDKI coal importers lobby said.

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Dutch ship owner Holland Maas Scheepvaart Beheer II BV has been fined 780.000 EUR and paid a settlement of 2.2 million EUR – totaling to a price tag of almost 3 million EUR – for having beached a ship for scrapping...

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Pulse reported that South Korea’s major shipbuilders have started the year on a buoyant note, winning new orders at a strong clip. Daewoo Shipbuilding & Marine Engineering Co.

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VLCC - A steady week in the Middle East Gulf saw rates hovering between WS 55.75 and 56.25 for 270,000mt to China. Going west, rates for 280,000mt to the US Gulf held at WS 24.75 basis Cape to Cape.

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