Page 111 - Intelligence Limited News Today

Chinese port giant says the majority stake acquisition will advance its strategic port network in Southeast Asia, fully leveraging the local partnership to penetrate the Indonesian market

Western-linked ships visibly return for the first time since mid-2020, when prominent Greece-based shipowners were briefly blacklisted, triggering a pledge from their lobby group to leave trades

StealthGas says the market remains firm ahead of what are seasonally strong winter months. The usually subdued third quarter has produced a bonanza trading period for the company

First Greece-owned tankers return to load Venezuela oil since easing of US sanctions | Euronav prepares for strategic shift following shareholder vote | UK government calls for release of hijacked Galaxy Leader

Company has four newbuilding vessels on order — one of 2,400 teu, one 2,700 teu and two 7,000 teu — for delivery between next year and 2026, which will bring its self-owned fleet to 11 units. But fleet scale is no longer its aim

Cargo volumes in San Pedro Bay edged over 2019 levels again in October, and also recorded a 10.8% increase from the same period last year, when the post-pandemic boom hangover was in full swing

Chinese shipbuilders picked up 75% of newbuilding contracts, by ship number, in the past week. Elsewhere, South Korea is bagging business that focuses on high-value gas carrier contracts

Search and rescue operations resumed Monday after two ships sunk leaving 11 seafarers missing and one found dead

Box lines needed to pull capacity to meet demand following Golden Week. A failure to do so means rates restoration is unlikely before Chinese New Year

Prominent shipping companies are still failing to set science-based net zero targets, Israeli-owned car carrier seized transiting the Red Sea, and how the owner of an unassuming south London restaurant became the front for shipping sanctioned Iranian gas trades