Page 53 - List Intelligence News Today

SHI-ME traced its decline back to the sharp fall in newbuilding prices and deteriorating environment for shipbuilding since 2008

Looking ahead, the company expects volumes to recover. However, this will be offset by supply increases owing to the number of ultra-large containership newbuildings coming into operation

In 2023, Cyan Renewables signed a deal to support Siemens Gamesa Renewable Energy in maintaining three offshore wind farms in Belgium

Fee that vessels will pay under new proposal will be dependent on alternative fuel availability, while payments for first movers will be proportionate with emission reduction methods

Container shipping faces a glut of large vessels at a time of static teu-mile demand. However, older sub-3,000 teu ships are heading for scrap, with few replacements lined up  afterwards

CMA CGM is refreshing its intra-European fleet with 2,000 teu LNG-fuelled vessels. First in series will serve Baltic trades

Shipowner trade association joins forces with Bangladesh, India, Norway, Pakistan and the International Chamber of Shipping to ask the International Maritime Organization to sort out the mess

The port of Los Angeles had its second-strongest January on record, falling just 1.1% below pandemic-era January 2022, when port congestion in San Pedro Bay peaked. Import volumes reached their highest point since July 2022, as shippers replenished inventories ahead of the Lunar New Year. The impact from the Red Sea crisis has been ‘limited’ so far, according to the port’s executive director Gene Seroka

Clubs scramble to restore Red Sea cover for big-name charterers | Russia and China criticise Red Sea interventions as EU launches defensive fleet | BIMCO takes clash of Hong Kong and Basel conventions to IMO

Turkish authorities are searching for six crew after the vessel capsized. Rescuers reported spotting an empty lifeboat