Page 47 - List Intelligence News Today

Geopolitics has increased inefficiencies of the global containership fleet and pushed up vessel values. But at some point a flurry of newbuilding containerships will cancel out vessel capacity mopped up by diversions

Houthis claimed to have attacked an MSC vessel in the Gulf of Aden, dubbing it an ‘Israeli ship’, in what would be their sixth strike in five days

Within February the Nasdaq-listed owner has agreed a sale-and-leaseback transaction for another of its existing vessels

Diversions around the Cape of Good Hope are soaking up capacity. But with newbuildings flooding in, overcapacity still looms for box sector

Saudi Arabia is India’s second-largest trading partner and there are plans to double bilateral trade to $100bn in the next few years. Negotiations for a free trade agreement between India and the Gulf Cooperation Council states are ongoing

Weekly gain in smaller, feeder containerships filling the void left by larger east-west vessels now transiting around the Cape of Good Hope

Chilean firm Enaex aims to produce 18,000 tons of green ammonia per year by 2025

Tonnage providers are attempting to obtain longer charter periods, but are meeting resistance from liner operators with large newbuilding orderbooks

Greek owner’s previous series of VLGCs will be coming on stream this year and can carry ammonia at 87% capacity

Euroseas felt ‘sufficiently protected’ to increase reward for shareholders