Page 7 - Intelligence Limited News Today

Vessel owner pleaded guilty in New Orleans federal court, and will result in a $2m fine if plea agreement gains court approval

Cyprus-based shipowner Lemissoler has ordered four 65,000 dwt ships with an option for another four

British Isles overtake eastern Mediterranean and Black Sea as top location for casualties over past decade

Economic Crime and Corporate Transparency Act 2023 will apply extraterritorially where UK nexus exists

Container lines are struggling to provide weekly services using the extended route around Africa. The current capacity shortage is unlikely to ease soon, keeping freight rates elevated

Nasdaq-listed company currently has $180m in secured charter revenues

Freight rates might see a pullback in the second half of 2024 owing to overdrawn cargo volumes caused by early shipments. Or they could collapse if Cape of Good Hope detours end

Port state control officials have raised concerns about growing amounts of fake seafarer certification scams and several attempts by flag state authorities to bypass ship safety inspections

Dorian LPG says congestion is rising in the Panama Canal as transit slots and auction fees increase, with Argus Media data showing fees more than quadrupling since April. But rising VLGC transits through the waterway have not impacted freight rates, which continue to edge upwards after crashing in January

Iran claims sanctioned satellite services are jeopardising shipping safety | Secret safety deals and fake certification scams | Bull run rages on for container carriers, but how long will the party last