Page 20 - Intelligence Limited News Today

Why increasing North Korean shipments have sparked sanctions scrutiny concerns | IMO divided on how to tackle fraudulent ship registries | Lack of insurance a threat to safety of navigation, nations tell IMO

Fifth-biggest vehicle carrier operator reports a 14% drop in quarterly revenues because of longer Red Sea diversions. Nevertheless, spot freight rates are being maintained at record levels and Höegh Autoliners should gain from an uplift in pricing from upcoming contract renewals with its major shippers

There have been some high-profile early adopters of low-emission shipping. But for most shippers, profitability is still more important than sustainability

Whether naval operation have degraded Houthi capabilities or the Iran-backed militants were simply regrouping, the latest warnings suggest that a resurgence of attacks targeting vessels in the Red Sea is imminent

MISC tanker operating subsidiary subsidiary AET orders first tankers capable of operating on ammonia at China’s Dalian Shipbuilding Industry.

Announcement comes after fellow BW Group-controlled Hafnia began trading on the NYSE earlier this month

Dry bulk supply chains are proving highly resilient. US grain exports have been simultaneously repelled from the Panama and Suez canals, yet rates have not spiked and cargo volumes have not diminished

The International Maritime Organization has condemned illegal and fraudulent recruitment of seafarers and said more work is needed to crack down on the problem

Proposed transaction could potentially present opportunities for Hengli’s shipbuilding subsidiary, which is expanding into the tanker sector

Break-even underwriting result and ‘excellent’ investment return means marine mutual is in ‘very good health’, insists chief executive Peacock