Page 79 - Intelligence Limited News Today

More ships start to divert in wake of US and UK airstrikes | US and UK launch strikes against the Houthis | ‘Tougher rating approach’ expected for Red Sea war risk

DFDS executive vice-president Mathieu Girardin says Morocco is well positioned as a nearshoring hub and expects freight growth of  8%-10% per year throughout the decade

George Economou is looking to shake up Genco’s board to address its ‘lagging performance’. Less than two weeks after revealing holdings of 5.4% in the New York-listed owner, the billionaire has nominated two candidates for the company’s board

Due to severe drought conditions restricting vessel drafts and transits, Maersk is recalibrating its OC1 service between Oceania and the Americas to bypass the Panama Canal. Cargo will be railed across the 80 km between the canals Pacific and Atlantic ports, dividing the service into two separate loops

As a steady flow of newbuildings on the water drove supply growth above demand last year, container shipping lines looked to long-haul deployment and port rationalisation to limit the impact

Under the Venture Shipping umbrella, Wah Kwong aims to make its mark as a medium-sized vessel dry bulk operator by expanding into the chartering business

Trasgo provides end-to-end solutions across sectors, serving goods including automotive parts, fast-moving consumer goods, electronics, food and beverage, and furniture

Ukraine vice-president claims success for country’s unilaterally declared shipping corridor

Swedish shipowner has added two 5,100 dwt multi-purpose ships and a pair of 7,999 dwt ice-class tankers to bring its orderbook up to 15 vessels   

DP World says the latest deals underscore its commitment to facilitating trade in Gujarat, one of the fastest-growing Indian states