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Elbdeich Reederei moves forward to add two additional methanol dual-fuel container ship newbuilds to its order from China’s Wenchong shipyard, Splash reports. DP World -owned feeder Unifeeder had inked a long-term time-charter agreement with Elbdeich Reederei for two methanol-powered container feeder vessels in October, with an option for two more of the same type, to be operated on Unifeeder’s European network. Elbdeich Reederei has exercised that option, with the additional pair of vessels slated for delivery in September and December 2026, Splash reports, citing brokers.
UK’s dependance on EU trade hits 14-year high: Britain’s trade with the European Union constituted more than 53% of its overall trade in the three months through November, the highest level in 14 years, Bloomberg reports, citing data from the Office for National Statistics. This performance is explained by poor trade activity with the rest of the world rather than a boost in business with Europe. The kingdom’s trade with the EU has dropped since the beginning of 2021, the news outlet adds. The underwhelming performance has been driven by shifts in global supply chains due to the Ukraine war.
