Page 71 - Intelligence Limited News Today

Improvements in boxship charter rates because of Red Sea diversions may not last as the containership markets face a wealth of newbuilding deliveries

Bunker suppliers TFG Marine and Monjasa reported rising demand in Namibia, Mozambique and Mauritius, as vessels rerouting from the Red Sea region to the Cape of Good Hope require refuelling

Maersk suspends US-flag operations in Red Sea after two ships targeted | Box shipping reaching Red Sea inflection point | Containership charter rates continue to rise but overcapacity threat remains

CMA CGM continues to run Red Sea gauntlet | Sanctioned Hennesea Holdings tanker blocks Bosporus traffic | Red Sea diversions increase boxship emissions

NorthStandard’s South Korean business has historically been serviced from Singapore. But with the South Korean market’s increasing importance to the club, the new office will provide a more localised service with a particular focus on claims support

Nearly 1,700 seafarers abandoned in 132 cases reported to the International Labour Organization last year

Move brings to four the order for hybrid wind farm vessels that will be able to run on methanol and batteries

Shippers face reduced equipment capacity in lead up to Chinese New Year. But excess capacity built up over pandemic should provide medium-term buffer

Figures corroborate broker claims that all main marine classes have been witnessing hardening rates of late

Container services are facing disruption due to the crisis in the Red Sea. And for container lines, few things are more profitable than a crisis