Page 27 - Intelligence Limited News Today

US Central Command said it ‘successfully engaged and destroyed’ an anti-ship ballistic missile launched by the Houthis on Tuesday towards a US-flagged Maersk boxship. The militants confirmed an attack against the Maersk Yorktown the following day, and claimed two more attacks

World’s largest owner and operator of self-discharging vessels CSL takes joint share in Norwegian bulker operator to create new partnership, Peak CSL

The joint venture G2 Ocean expects up to eight open-hatch newbuildings from Chinese shipbuilder Huangpu Wenchong, ordered by its two shareholders

BW LPG has submitted a registration statement to US regulators for listing its shares on the New York Stock Exchange. Meanwhile, Hafnia, also under BW Groups control, is scheduled to start trading on the NYSE this Tuesday, following the filing of its registration statement in late March and subsequent approval received last week

FourWorld Capital has hit Euronav with another legal complaint, this time asking a Belgian court to declare the October Frontline resolution and recent CMB.Tech acquisition null and void. Euronav says it ‘finds the claim to be without merit and intends to vigorously defend against it’

The operational area of EUNAVFOR in the Middle East is twice the size of the EU’s land mass and is patrolled by just four vessels

America’s economy remains a relative bright spot for container shipping demand. US imports held firm at healthy levels in March and are now aligning with the growth trend seen prior to the pandemic

Billionaire George Economous contentious return to the US capital markets continues. Ahead of Gencos annual meeting, he is upping the ante, accusing the company of retaining excess cash and underperforming, while specifically targeting Chairman James G. Dolphin for replacement

An IMO carbon pricing tool could face challenges under World Trade Organisation rules, but good design will lessen the chance of this, new research suggests

Resilient US economy continues to buoy container shipping demand | IMO carbon pricing rules could face WTO challenge | Large shippers showing more interest in emission-reducing fuels