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Franbo adds Japanese newbuild to growing MPP programme

Franbo adds Japanese newbuild to growing MPP programme

Taiwan’s Franbo Lines is taking its fast-growing multipurpose newbuilding programme back to Japan, approving a $29m vessel that lifts its MPP expansion slate to 12 ships. The Taipei-listed owner has cleared a 16,500 dwt Singapore-flagged newbuild at an unidentified Japanese yard through newly...

Ukraine seeks Black Sea shipping truce as drones hit Ust-Luga

Ukraine seeks Black Sea shipping truce as drones hit Ust-Luga

Ukraine is seeking a halt to attacks on civilian shipping in the Black Sea even as its expanding maritime war against Russia stretches more than 1,000 km north to one of Moscow’s most important Baltic energy export hubs. Kyiv has proposed through a third party that Russia and Ukraine mutually...