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Recent Articles

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Evergreen Marine president discusses shipping overcapacity in H1 2024 but expresses optimism for recovery during 3Q peak season; executive details company's revenue by route – US routes accounted for 42%, Europe for 26%, Asia 19% and other routes 13%

HSBC downgrades Cosco Ship to hold from buy, believes industry's overcapacity issue may resurface by end-2024; management says recent spot container freight rate increase driven by ripple effects from Red Sea diversion, adverse weather in China

Mitsui & Co. expands maritime investment portfolio by investing in Maritime Investment Fund III with Navigare Capital Partners; MIF III, with war chest of US$1.5B, to spearhead investments in eco-friendly ships, ranging from gas carriers to bulk carriers

MA H3450: Establishes a maritime division within the Massachusetts Department of Transportation.

American Welding Society to Enhance Industry Knowledge with Shipbuilding & Aluminum Conference and Reports Record-Breaking $3 Million Support for Welding Education

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