Page 97 - Intelligence Limited News Today

Trade in goods is expected to have fallen by $2trn in 2023. The outlook for 2024 remains ‘generally pessimistic’

Year ahead will see lowest rate hikes since 2020

It is not just ships on the way to Israel that need to be wary, warn security analysts. Those with a recent history of trading there are also at risk

Already reported to be looking at more newbuildings for dry bulk arm Sea Traders

Newbuilding contracts for 14 bulk carriers, five gas carriers, 11 tankers and 12 vehicle carriers have been recorded in the past week, with Chinese shipyards picking up the lion’s share

The new unit will focus on companies circumventing Russian sanctions, who will face tougher penalties with the creation of OTSI, according to a statement

Annual growth of nearly 10% needs to be taken in the context of the past year’s slump. Since 2019, annualised growth has been just over 1%

One Hundred People 2023: Industry influencers adjust outlook as the difficult detail kicks in | Questions raised over dark fleet Estonia P&I coverage | IMO’s Dominguez vows to find compromise among member states

Move comes at same time as another leading Greek shipowner, Evangelos Marinakis, is also making a play with platform supply vessels

Some 13 individuals and entities, including a shipping agent, were sanctioned for their role in channelling tens of millions of dollars’ worth of funds to the Houthis from the sale of Iranian commodities