Page 114 - Intelligence Limited News Today

World’s leading operator of LPG carriers has posted its strongest-ever quarterly financial results

Newbuilding contract for 180m long ro-ro passenger duo has been won by experienced Chinese shipbuilder CMJL Weihai, with delivery set for 2027

Imports have risen to meet surging power demand

The sixth UK shipping minister in the past three years will inherit a brief that has seen very limited progress amid a turbulent period for UK politics

Overcapacity and anaemic demand sees Zim revising its outlook for the year to an adjusted operating loss of $400m to $600m, compared with previous estimates of $100m to $500m, as it reports another quarter in the red

Talks underway for Denmark ‘to stop and inspect’ sanctions-breaching tankers from Russia | Marsh scheme could cut Ukraine war risk rates by as much as two-thirds | UK government reshuffle ushers in new shipping minister

Marine conservation NGO Okeanos supports a 3 decibel per decade reduction target for underwater noise, while worst-case scenario in the new study suggests ambient noise levels could increase by up to 2.6 decibels by the year 2050

The 93,000 cu m newbuilds are designed to allow ammonia dual-fuel engines to meet current and projected emission rules

Navigator Gas, the largest owner of handysize gas carriers, reports another robust quarter on a strong petrochemical market. It says upcoming Panama Canal restrictions could increase round trip voyages from the US to Asia by 20 to 30 days, stretching its gas carrier fleet

Revenues fall by 39% despite fact that company’s ships easily outperformed the market