Page 5 - Intelligence Limited News Today

IRS chief defends classing Russia-trading dark tankers as fleet doubles | Flag and port state face off over ship detentions | UK targets use of escrow agents in dark fleet sale and purchase deals

By taking over the ships of its domestic peer, CHN Energy Leasing has become another Chinese leasing company to venture into the shipping industry

The move comes as the hydrogen storage and transport market is expected to grow significantly as the world transitions to clean energy

 Six dry bulkers will be equipped with the Wind Challenger hard sail systems, co-developed by MOL and Oshima Shipbuilding, which the Japanese shipping group claims can reduce vessel GHG emissions by up to 16%

Spot rates for US containerised imports from Europe are falling far behind rates from Asia. It could be just a timing effect, or it could be related to weaker demand for the types of goods in the transatlantic trade

Larger listed owners like Star Bulk are slashing their debt. If costly decarbonisation rules are enacted in the future, the balance sheets of these players should give them a major competitive advantage

Patrizia Kern-Ferretti re-elected as chair of the Poseidon Principles for Marine Insurance Association

The latest attack in the Red Sea follows reports by US Central Command that its forces shot down drones in Houthi-controlled parts of Yemen

Rising number of dead ships are appearing to return to life when their MMSI number is broadcast, reflecting increase in spoofing tactics to manipulate signals to show vessels in fake locations

Chief executive Gundy highlights growing market share and strong performance by US and Spanish acquisitions