Page 91 - Intelligence Limited News Today

‘Sovcomflot is not a client that the registry considers appropriate to flag,’ says LISCR official as the US Treasury announces that it has sanctioned Sovcomflot’s Dubai arm

Two newcastlemax ships will be built locally by Nihon Shipyard and the other three at China’s Qingdao Beihai

Forget the fundamentals; geopolitics will likely play an outsized role in the tanker markets in 2024

Safe Bulkers grows its orderbook with a 82,000 dwt kamsarmax to be delivered in 2026. The company recently sold a 2015-built kamsarmax to Pyxis Tankers for $26.2m

South Africa’s bunker hubs could benefit from increasing traffic via the Cape of Good Hope, while some vessels could opt to bunker in West Africa and even further north due to limited South African supply

Shipping received an international response with the launch of Operation Prosperity Guardian. But what it will look like, and how much comfort the industry can therefore take, is still far from clear

Use of ‘excess cash’ will ‘significantly’ reduce repayments and financing costs

Asia/Europe boxships remain in Red Sea limbo | Business as usual for tanker trades as most operators continue on Red Sea/Suez route | Vehicle carriers start to divert to Cape of Good Hope

APMT has had a long association with fast-growing Tanger Med. The latest stage in its expansion will cater to larger ships and companies looking to nearshore production

Singapore’s Maritime and Port Authority will join forces with Japanese ports to carry out pilot projects for alternative marine fuels, such as ammonia and hydrogen