Page 48 - Intelligence Limited News Today

Chilean firm Enaex aims to produce 18,000 tons of green ammonia per year by 2025

Tonnage providers are attempting to obtain longer charter periods, but are meeting resistance from liner operators with large newbuilding orderbooks

Greek owner’s previous series of VLGCs will be coming on stream this year and can carry ammonia at 87% capacity

Euroseas felt ‘sufficiently protected’ to increase reward for shareholders

While not the first Cosco vessels braving these waters, the latest voyages signal that the Chinese giant remains undeterred by the escalating attacks and is lured in by the more efficient, shorter journey connecting Asia and Europe

The White House has unveiled an initiative to bolster cyber security in US ports that will expand the US Coast Guard’s authority to respond to malicious online activity, amid growing concerns that nefarious actors could jeopardise critical port infrastructure and supply chains

Greece-based company cuts debt by more than half in 12 months

Cosco ships join dwindling number risking Red Sea passage | Falls in Red Sea ship traffic stabilise as Suez transits hit fresh low | Containership charter market continues to strengthen

Longer passage times are soaking up container equipment. Manufacturers are benefiting after a year of reduced demand

Freezing US temperatures narrowed the US-Asia propane arbitrage as the year started and had a chilling effect on VLGC spot rates, which hit their lowest levels in nearly two years early in February. But not so the past two weeks, with Jefferies assessing rates at around $40,000 per day globally, driven by higher US export volumes