Page 93 - Intelligence Limited News Today

Overseas Shipholding Group’s four Alaskan-class crude tankers will undergo engine upgrades worth close to $100m as the vessels near 20 years of age

The proceeds from the bond issuance will be used to finance Mitsui OSK Lines’ environmental initiatives

LNG bunkering to become more attractive for intra-EU voyages in 2024 on the back of shipping’s inclusion in carbon trading scheme, new analysis says

Port chiefs at the US’ largest port complex say they are regaining market share as cargo volumes continue their recovery. November marked the third consecutive months of cargo growth compared to 2019 levels, as the pace increased to double digits for the first time this year

The MPA looks to external partners to help realise ambitions to provide end-to-end methanol bunkering solutions in Singapore from 2025

Half a dozen shipping companies and vessels have been blacklisted by the US in its latest round of sanctions against Russia’s military-industrial base

Amsterdam-based LNG bunker supplier Titan closes a funding round with a new investment from land-based LNG firm Molgas, as the company aims to ramp up marine fuel sales

Poseidon Principles banks have reported for the first time against the newly increased net zero climate goals established by the IMO this year. The results reveal the size of the gap that banks have to close and offer a first glimpse of the changes in capital allocation decisions yet to come

Digital documentation is becoming more common in some sectors than others. A new effort by BIMCO and mining giants wants to see greater digitalisation in the dry sector

Shippers would have to pay much more if the real impacts of shipping were taken into account. But the pandemic demonstrated that for some cargoes, the costs are affordable