Page 14 - Intelligence Limited News Today

Bibby Marine chief executive Nigel Quinn said project shows that clean vessels can be built for same ownership costs as fossil fuel-powered counterparts

Claimants bound by terms of insurance contract and ‘pay to be paid’ clause applies, Mr Justice Bright finds

Weaker performance in MOL’s wellbeing & lifestyle segment and an accounting adjustment to dry bulk earnings will outweigh profit gains in the tanker, car carrier and box businesses across the current fiscal year, according to group forecast

Sixty-four percent of tankers calling at the Federation’s ports in April, measured by deadweight, had no known P&I insurance

LNG marine fuel sales at Rotterdam surged 150% year on year to 215,000 cu m, with gas an average 15% cheaper than very low sulphur fuel oil

More data is needed on how much N2O, also known as laughing gas, will be emitted from ships burning ammonia as fuel

Parallel fleet of dark tankers shipped just over half of Russian oil in April setting fresh record | Nitrous oxide is no laughing matter | Grimaldi-Höegh Autoliners marriage a good match, on paper

ONE has increased its profit forecast for the current fiscal year ending March 2025 to $1bn, anticipating that the rerouting impact will persist in the coming months

Authorities closed the temporary Fort McHenry channel that opened on Thursday as efforts shift to remove the Dali. The channels opening allowed for most vessels that were stranded at the port since March 26 to depart

Eastmed-managed Cycaldes sustained damage from a Houthi attack, UKMTO said. The militants confirmed targeting the vessel – which called in the Houthi-controlled port of Saleef in mid-April – and also claimed to have hit an MSC boxship and US naval assets