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Top 10 stories on Seatrade Maritime News in the past week

Photo: CMA CGM CMA CGM vessel in port
Catch up on the top 10 stories that appeared on Seatrade Maritime News over the last week.

CMA CGM resumes Red Sea transits on ‘case-by-case’ basis

Container line CMA CGM has resumed transit of some vessels through the Red Sea on a case-by-case basis, despite continued Houthi attacks on shipping transiting the region.

Biden administration to bring port crane manufacturing back to the US

The Biden-Harris Administration has issued an executive order to address security concerns on China-made port equipment and bring back manufacturing to the US.

Philippine’s President delays signing the Magna Carta of Filipino Seafarers

A landmark piece of legislation in the Philippines – The Magna Carta of Filipino Seafarers – was not signed into law by President Ferdinand Marcos Jr as expected on Monday morning and was later withdrawn by the House of Representatives.

Saudi container line Folk Maritime launched

A feeder and short sea shipping operator has been launched in Saudi Arabia, headed by former Hamburg Sud boss, Poul Hestbaek.

Japan top shipowning nation by fleet value

Japan, China and Greece continue to dominate shipowning nations both in fleet size and fleet value according to Veson Nautical’s VesselsValues.

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Ocean Alliance stresses stability with five-year extension

Ocean Alliance has chosen a period of crisis and flux to emphasise the container lines’ commitment to stability and cooperation by announcing an extension to the grouping of five years, from 2027.

Seatrium in $134 million settlement over Brazil’s Operation Car Wash

Singapore yard group Seatrium has agreed to a BRL671 million ($134.3 million) settlement over corruption allegations in Brazil related to Operation Car Wash.

MAN Energy Solutions alternative fuel focus with Singapore service hub

MAN Energy Solutions has opened its largest service hub outside Europe in Singapore and it will a have strong emphasis on training for alternative fuels.

Red Sea crisis puts Transpacific contract negotiations in the balance

Container rate negotiations on the Transpacific are about to begin in earnest, but Xeneta believes shippers and carriers both have strong hands and that will make discussions long and complex.

Alternative fuels - meeting the seafarer training gap

As shipowners plough investments into dual-fuel vessels there are increasing questions about who is going to train the crew to handle alternative fuels.