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French President Emmanuel Macron's chief of staff has been indicted by the national financial crimes prosecutor over a conflict of interest relating to his alleged links with Swiss-Italian shipping company MSC, the prosecutor's office said.Alexis Kohler, Macron's closest and most influential adviser, sits at the top of the Elysee Palace's administrative pyramid, and news of his indictment - a legal step that puts him under formal investigation in France - is a blow.The prosecutor's office "confirms Alexis Kohler, currently the Secretary-General of the French presidency, has been put under formal investigation for unlawful taking of interest," it said in a statement.

Two Matson Inc subsidiaries must face claims from rival container shipping company American President Lines LLC that Matson is abusing its market power over service from the United States to Guam, a federal judge ruled in an antitrust lawsuit.The ruling Friday by U.S. District Judge Christopher Cooper in Washington, D.C., declined to dismiss claims against Matson Navigation Company Inc and Matson Logistics Inc brought by American President Lines last year seeking unspecified monetary damages for alleged violations of U.S. competition law.The court dismissed parent company Matson Inc as a defendant.Honolulu-based Matson, a leading U.S.

St Johns Ship Building announced it has named Justin Smith to the position of Vice President of New Construction, tasked with leading the Palatka, Fla. shipyard's production and project management teams building various types of vessels in both steel and aluminum, including multiple series of crew transfer vessels (CTV) for the offshore wind industry.Smith has more than 40 years of experience in the maritime industry and has been part of the St Johns team since July 2022.“Justin comes to us with over four decades of industry experience and will head our diversified portfolio of new build projects including barge, passenger, cargo, and wind farm support vessels.

The Baltic Exchange's main sea freight index jumped to a more than two-month high on Tuesday, propelled by gains across vessel segments, particularly the larger capesizes.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels ferrying dry bulk commodities, rose 77 points or 4.3% to 1,865 points, its highest since Aug. 1.The capesize index gained 203 points, or about 10%, to also hit an over two-month high of 2,244 points.   Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal,gained $1,687 to $18,611.

"Biofouling is a global problem, and to solve a global problem we need to collaborate globally. This collaboration aims to accelerate the uptake of proactive hull cleaning, as well as to understand the limits and risks with such solutions, say CEO of Bellona, Hallstein Havåg and VP Growth and Strategy at Armach Robotics, Rob Howard.The build-up of marine life on ships’ hulls – biofouling – is an age-old problem for the environment, for ship operators, and for the international shipping industry. The problem is significant, increasing emission pollution and spreading invasive species across continents.