Page 64 - Intelligence Limited News Today

Swire Shipping to close the Westwood brand as it further integrates the company. This will boost transpacific and Japan services

Oslo-headquartered green marine technology business has been sold to Geneva-based Okapi Supply Trading Advisory, a division of oil trader Okapi Energy Group

‘I think it will be a less eventful renewal than the last three. I would expect most clubs to produce pretty decent results,’ argues Rolf Thore Roppestad

A strengthening time charter market because of the Red Sea crisis, Panama Canal limitations and the need for drydock coverage has pushed up asset values of containerships. Meanwhile, enquiries for secondhand vessels are starting to pick up

A solution to the Frontline merger deadlock was the highlight of the Euronav’s fourth quarter as the company begins a transformation 

Shipping is facing an uphill battle to attract new talent during its net zero transition. Recent developments in the Red Sea have done little to aid the industry’s recruitment challenge

Fake flags, rogue registries and dark fleet spark calls for crackdown on ship oversight | CMA CGM denies Houthi missile strike on containership Koi | Renewal round stable so far, Gard chief executive confirms

The lack of a genuine link between ships and the flag they fly has long been a subject of debate within the IMO, but the rise of the dark fleet* and a growing problem with fraudulent flags has spurred action from governments concerned about looming safety disasters

Aim is to develop and demonstrate safety of alternative fuels for shipping and hasten industry adoption

ONE noted the Red Sea crisis has led to ‘an instant tonnage shortage’, but said prolonged stagnation means cargo demand is expected to remain relatively weak longer-term