Page 112 - Intelligence Limited News Today

The chairman made a plea for openness and collaboration in the shipping industry

Nasdaq-listed owner saw net income fall from the same period last year but remain ‘solid’, supported by favourable fundamentals and low inventories for several refined products

Israeli-linked ships divert as Houthis threaten more Red Sea attacks | Marathon veteran Chen eases pace for CULines after long-haul retreat | Denmark leaves position unclear on inspecting sanctions-busting Russian tankers

Analysis of the ownership links behind an LPG tanker that exploded off the coast of Iran in August provides a rare glimpse into the workings of an operation designed to sidestep US sanctions on Iran through the use of front companies and deceptive shipping practices, much like the dark fleet of tankers shipping sanctioned oil

Recent sale-and-purchase deals include a pair of 4,400 teu vessels bought by Italy’s Linea Messina and a 2,500 teu ship purchased by serial secondhand boxship buyer MSC

South Korea is launching an ambitious five-year plan to capture more than 80% of the ‘next-generation shipbuilding market’. It has earmarked nearly $500m for the sector in a bid to fend off Chinese competition

Chief executive Stamatis Tsantanis says owner of eight bulkers also keen to repeat recent bareboat deals to grow fleet

Company stays in the black for third quarter thanks to a gain on vessel sale

How a south London restaurateur became a nexus for sanctioned Iranian gas trades | South Korea unveils plan to dominate ‘next-gen’ shipbuilding market | How to make the 12th package of restrictions on Russian crude actually work

‘Freight markets are challenging and we continue to adapt our ferry and road capacity to optimise their utilisation,” said DFDS chief executive Torben Carlsen