Page 19 - Intelligence Limited News Today

So far, so good for tankers in 2024. Stock valuations imply that some investors remain unconvinced, but the industry view is that the rally still has legs.

Amogy, supported by investors from South Korea and Japan, has been expanding its presence in maritime applications with its ammonia-to-electricity module

DFDS, the world’s largest operator of shortsea ro-ro services, plans to order six low- or zero-carbon newbuildings within the next two years, and potentially three new high-speed ferries. EVP Mathieu Girardin says customers’ changing attitudes are making green investments easier to justify

The general cargoship allided with a bridge in Fuzhou province on the evening of April 22 and sank after trying to reach the nearby beach, leaving four of its crew still missing

Cash offer by MSC subsidiary for all issued and outstanding shares in Oslo-listed non-operating owner was unexpected. Whether MSC’s move heralds future expansion in to vehicle carrier liner services, with potential crossover from its container shipper clients, remains to be seen

Energy efficient, nine-ship series of 1,827 teu vessels from Hyundai Mipo is employed under a mixture of charters

UKMTO reported the incident in the Red Sea on the morning of April 24, which comes after a significant quiet period for attacks in the region

A recent oil spill from a capsized barge, which damaged the coastline of Trinidad and Tobago, was just one example of what can happen when unsafe vessels sail without insurance

Spot rates may have fallen back from the peaks, but carriers have prevented them falling below Red Sea-crisis levels. That has helped them secure higher rates in this year’s transpacific contract negotiations

Deepening diplomatic ties between Russia and North Korea has increased clandestine maritime oil-for-arms trades between the two states, but that comes as Russia is seeking to end UN scrutiny of sanctions compliance and illicit maritime activity