Page 10 - Intelligence Limited News Today

Port of Los Angeles chief executive Gene Seroka believes the new tariffs announced by the White House are limited and will not adversely affect trade in the San Pedro Bay. Meanwhile, US consumers continue to propel strong import demand nationwide, with both port of Los Angeles and Long Beach posting strong April figures

Methanol and ammonia ships will need double the volume of fuel for the same energy. Maersk head of fuel transition Sameer Bhatnagar said ports must prepare

Sentiment was grim on US-listed containership lessors such as Global Ship Lease in the aftermath of the pandemic boom. But Red Sea diversions combined with a surprise rebound in freight demand has led to a significant turnaround. Shares are riding high

Reduced payouts appear to validate controversial decision to say goodbye to members with worst loss records

The Philippines government welcomed the project as a chance to revive shipbuilding capacity

Bunkering patterns started to change with more vessels trying to refuel with biofuel blends

Shipment from occupied Sevastopol to Venezuela marks new direction for Russia grain trades | Dutch owner entitled to reject euro payments from Deripaska subsidiary | FuelEU to more than double biofuel bunker demand

Decision will reignite arguments, admits barrister for appellants

Two new terminals and an intermodal rail facility opening next year mean Constanta will be connected to the Baltic Sea via rail, and DP World is hoping this entices big business to the region

Andreas Sohmen-Pao will take over the stake held by his shipping conglomerate in Oslo-listed BW Energy