Page 21 - Intelligence Limited News Today

Swiss logistics operator Kuhne+Nagel is focusing on reducing its unit costs as demand stagnates. But high-margin customers are still profitable even if overcapacity drives down rates

A Global Maritime Forum report says different ports will have different roles in the bunkering infrastructure of the future, but some will need to move fast or get left behind

‘The capesize market is structurally tight — not only are newbuilding deliveries slowing down to multi-year lows in 2024-26 but there are no VLOCs delivering until late 2026,’ said Braemar analyst Alexandra Alatari

Legal fallout from the destruction of Baltimore’s bridge by containership Dali has begun. As the court action heats up, work continues to clear the wreckage and allow more ships to pass

Data from Baltic Investor Indices points to broadly steady market for past four quarters, but limited increases for some vessel types

Ofac says SCG Plastics caused US financial institutions to unknowingly process $300m in Iranian HDPE sales by falsifying shipping documents, with the settlement underscoring the agencys intent to penalize companies that conceal sanctioned entities involvement leading to unknowing US transaction handling

Sanctions are a key tool for Western governments to damage Russia’s economy. The US has been actively targeting ships and, while this successfully forces changes in behaviour, many vessels are still able to do business freely, thereby revealing the limits of these restrictions

From Shanghai to Hong Kong and then to Tokyo, shipping companies’ stocks continued their upward trend from last Friday, following news of escalating conflicts in the Middle East

The general cargoship diverted to Rostock after a propeller malfunction and was held by German authorities investigating the cargo of wood it was carrying from Russia to Baltimore

More than 30 countries condemn Iran’s seizure of containership on April 13 and deadly attacks on international shipping in the Red Sea by Iran-backed Houthis