Page 28 - Intelligence Limited News Today

Hong Kong-listed shipmanager said the vessel sale is in line with its strategy of portfolio optimisation

Swedish group’s buyout of Greek partner in Morocco-Spain service follows a transfer of the majority stake in joint venture from Bank of Africa to transport affiliate CTM

Maersk shipped more than half a million teu through its low-carbon services in 2023. But at the smaller end of the market, logistics providers have further to go

‘Completing this ship-to-ship transfer demonstrates the practical feasibility of ammonia bunkering and is an important step in supporting and driving the transition towards a viable carbon-free fuel source’, chief executive Mads Peter Zacho says

Hopes for future VLCC rate upside in light of a compelling supply side thesis are being weighed against very high asset prices, both for newbuildings and modern secondhand tonnage

Box volume data showed healthy growth in the first two months of 2024. But the long-term trend line remains stagnant

Bulkers and tankers continue to dominate newbuilding ordering activity as shipowners invest in more fuel-efficient tonnage during strong freight markets

US Central Command also confirmed it had intercepted inbound anti-ship missiles as activity in the region heats up again

No major east coast fallout from Baltimore container blockage | South Korea vows to double container fleet capacity by 2030 | APM Terminals steps up port efficiency drive as new alliance launch looms

Fleet expansion plan puts spotlight on South Korea’s largest container shipping line HMM and could require an almost doubling in fleet size