Page 94 - Intelligence Limited News Today

Global Maritime Forum chief executive Johanna Christensen and UFCCC shipping climate champion Katharine Palmer argue the industry showed itself a frontrunner through a series of events in Dubai

Missile fired at Maersk containership entering Red Sea | Shipping banks reveal extent of their misalignment to net zero targets | Shipping costs would soar if true costs taken into account

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

Jefferies bumps Scorpio’s fourth-quarter estimates after company releases guidance showing mostly improved rates and balance sheet. The analysts forecast that Scorpio’s improving net debt position would allow it to focus ‘almost exclusively’ on shareholder returns by the middle of next year

Lloyd’s List’s 2023 Outlook Poll found widespread doubts that the 2030 and 2040 targets can be met, while geopolitics has surpassed fears on the economy as a key risk

COP28 ends with a significant agreement that calls on countries to transition away from fossil fuels, triple renewable energy capacity by 2030 and accelerate low-carbon hydrogen production

Increasing imports from the US and Canada drive shipment demand for panamaxes

Two missiles narrowly missed the combined chemical and oil tanker Ardmore Encounter, which was also shot at from skiffs

Higher premiums ‘vital to ensure the club continues to maintain a balanced portfolio and remains resilient, especially considering the current underwriting deficit and the broader geopolitical uncertainties’

Cosco was said to have set the highest ETS surcharges so far on several main trades, while Maersk and MSC are on the lower end. MSC is also among the very few carriers that have published detailed methodology for the extra fees