Page 87 - Intelligence Limited News Today

NYK is expanding the scope of its existing bio-fuel trials and, if successful, plans to gradually extend biofuel use across its fleet

Insurers having to write Black Sea business net line, leaving them mindful of risks entailed in China-Taiwan flare-up

Government support for Chinese yards to develop new low- and zero-carbon ship designs aims to secure more than 50% of green ship orders by 2025, as well as overhaul yard systems, supply chains and recycling by 2030

Futures markets pricing in sharp correction in January

In 2020, both were charged with money laundering. Cheah also faced corruption charges related to 2012 drilling rig contracts.

In 2020, both men were charged with money laundering. Cheah also faced corruption charges related to 2012 drilling rig contracts

OFAC aims to restrict the illicit flow of funds to the Houthis, who continue to conduct dangerous attacks on international shipping and risk further destabilizing the region.”

While security experts question the efficacy of using armed guards as a deterrence against drone strikes or paramilitary attacks, ships are increasingly claiming to have armed security on board

Maersk seems largely unfazed by the recent attack on an MSC boxship. However, Hapag-Lloyd in its latest update said the transit via Suez Canal remained too dangerous and would maintain diversion around the Cape of Good Hope

Although few details of the agreement were announced, Lloyd’s List Intelligence data shows only three Seapeak LPG carriers match the description