Bunker Oil & Shipping Channel
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Large parts of Spain and Portugal have been left without power on Monday, disrupting a range of services across both countries.
CEVA Logistics acquires Türkiye’s Borusan Tedarik in $440m deal
https://www.lloydslist.com/LL1153290/CEVA%20Logistics%20acquires%20Trkiyes%20Borusan%20Tedarik%20in%20$440m%20deal?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss

CMA CGM subsidiary CEVA Logistics has signed a binding agreement to acquire Turkish logistics solutions provider Borusan Tedarik for $440m
Handysize bulkers sold for scrap while more ships being circulated for recycling
https://www.lloydslist.com/LL1153289/Handysize%20bulkers%20sold%20for%20scrap%20while%20more%20ships%20being%20circulated%20for%20recycling?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss

Two elderly handysize bulkers and a 2003-built chemical tanker sold for recycling in the past week
Transpacific trade caught in US-China ‘pressure test’, but hopes for recovery remain
https://www.lloydslist.com/LL1153291/Transpacific%20trade%20caught%20in%20USChina%20pressure%20test%20but%20hopes%20for%20recovery%20remain?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss

Caught in the crossfire of escalating US-China tariffs, transpacific shipping lines are slashing sailings and bracing for ‘Covid-like’ supply shortages...
Daily Briefing 29 April 2025
https://www.lloydslist.com/LL1152013/Daily%20Briefing%2029%20April%202025?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss

Transpacific trade caught in US-China ‘pressure test’, but hopes for recovery remain | Most shipping lines can avoid US port...
Korea Development Bank to Sell Shares in Hanwha Ocean
https://www.marinelink.com/news/korea-development-bank-sell-shares-hanwha-525108

South Korea's state-run Korea Development Bank plans to sell its shares in Hanwha Ocean, Maeil Business Newspaper reported on Monday.KDB plans to split its 19.5% shares in the shipbuilder into multiple block sales, after a bookbuilding from Monday…
Greek Shippers Return to Russian Oil Market as Prices Slip Below G7 Cap
https://www.marinelink.com/news/greek-shippers-return-russian-oil-market-525109

Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide transport and insurance services while complying with sanctions, three trading sources said.The…
Veson Nautical: US Port Fees May Disrupt Dry Bulk Trade and Vessel Availability
https://www.marinelink.com/news/veson-nautical-us-port-fees-may-disrupt-525111

Recent discussions on tariffs have largely overlooked the potential implementation of the Office of the United States Trade Representative (USTR)’s port fees on Chinese-built vessels. This fee, which could reach up to $3.5 million per port call…