Page 12 - Intelligence Limited News Today

Carriers are reporting strong demand and high load factors. But Red Sea delays have prompted cargo owners to bring forward orders that may turn into excess inventory

Iranian foreign minister announces that the 25 crew of MSC Aries have been released and are free to go home, but MSC Aries itself remains under Iranian control on the grounds that it has ‘jeopardised the security of navigation’

Russia is shipping refined petroleum to North Korea at levels that exceed UN Security Council limits, according to the White House, which has signalled new sanctions targeting shipments are due later this month

Soga says bringing in a new member to The Alliance remains on the table, but it is not an easy task

Colombo cashes in on Red Sea rerouting at expense of Saudi majors  | The View: The International Group is right. The Russia oil price cap is unenforceable

Transhipment traffic may have ground to a halt in the Red Sea, but Sri Lanka’s hub-and-spoke specialist has reaped the rewards of the trunk liner trades’ southern migration. For ships rerouting around the Cape of Good Hope, Colombo is positioned as an unrivalled wayport option for Middle East and Indian subcontinent cargoes  

Higher demand and freight rates have led Maersk to raise the lower end of its guidance for the full year. But overcapacity remains a concern, despite increasing volumes

Human Rights at Sea is seeking greater visibility on its Geneva Declaration on Human Rights at Sea, including adoption by UN bodies

Commodities trading giant Trafigura has penned newbuilding contracts for four ammonia dual-fuel liquefied petroleum gas carriers, which will also be capable of ammonia carriage

Maersk introduced a €23 per dry teu ETS surcharge on the east Asia to north Europe route during the first quarter based on an ETS price estimate of €82 per tonne of CO2