Page 137 - Intelligence Limited News Today

Pacific Basin Shipping reports big falls in earnings year on year but says longer-term fundamentals give hope

Yasa Holding denies loading Russian crude oil above the price cap, stating guarantees of price cap compliance from charterer

‘I’m not sure Spain will throw in the towel at this point, but it will be difficult to continue.... Twenty years of litigation doesn’t help anybody,’ says claims director

Industry may have misunderstood meaning of Limitation of Liability for Maritime Claims for decades

IEA said that oil supply growth in 2024 will rise to 1.7m barrels per day but will be driven by non Opec+ producers

Performance share price leaps after tender offer of $3 per share

G7 crackdown on Russian oil shipping breaches begins | US to sanction Türkiye- and Russia-owned tankers for oil price cap breaches | Economou launches hostile bid for Performance Shipping

‘The overall tone floating around the market is not encouraging and the expectations for the fourth quarter of 2023 are alarming,’ says shipbroker Braemar

Methanol engine conversions are ‘imminent’, while ammonia conversions are deemed ‘more challenging and more distant’

Deal shows Sumec’s ambitions to strengthen its position in this market, as it aims to create a Chinese equivalent of the Japanese giant Imabari Shipbuilding, with its shipping arm assisting charterers to access new tonnage