Page 55 - Intelligence Limited News Today

US-listed owner brings containership orderbook to 12 methanol-ready vessels

A report called for combining green corridor plans between South Korea, Japan and the US, finding that switching to green fuels on popular routes between Busan, Tokyo/Yokohama and LA/Long Beach would reduce emissions significantly

China’s stance to be key at the upcoming negotiations around IMO’s economic measure, as the country is yet to signal its willingness to compromise for a GHG levy

Swire Group stalwart takes over the reins at the UK trade association from former president Graham Westgarth

Fiscal and monetary stimulus by governments could boost the markets, as could a better steel sector, easing of financial conditions in China, and better-than-expected US economic growth, while a low orderbook will help reduce supply-side pressure

Foremost Group chair and chief executive Angela Chao has died in a car accident, the company said. She has led the New York-headquartered company, founded by her parents, since 2018

High risk of mistaken identity for ships with no links to Israel, US or UK, adds Gallagher

Fourth-quarter spot market an improvement on third quarter, says owner, but weaker than like quarter of 2022

US-listed owner of 115 bulkers reiterates belief in benefits of expected merger with Eagle Bulk to create ‘global leader’ in sector

Vortexa data shows higher freight costs from diversions around the Cape of Good Hope are curbing east-west trade volumes shipped on product tankers