Page 55 - List Intelligence News Today

More than a third of the container shipping fleet comprises scrubber-fitted capacity, with MSC’s preference for the onboard abatement technology fresh tonnage driving fleet numbers

Scorpio has reported strong fourth-quarter earnings, upped its dividend and reiterated its focus on deleveraging. Red Sea diversions have tightened capacity, helping propel LR2 tanker rates for LR2 tankers, reflected in strong guidance for the first quarter

GHG levy finding more support at IMO | VLGC sales were too good to resist, says Avance Gas’ Kalleklev | Scrubber-fitted boxship capacity climbs to new highs

Avance Gas said it could not resist the $72m profit it made from selling two gas carrier newbuildings for a combined $240m in December. It expects a volatile market but has plenty of cash to spare

US-listed owner brings containership orderbook to 12 methanol-ready vessels

A report called for combining green corridor plans between South Korea, Japan and the US, finding that switching to green fuels on popular routes between Busan, Tokyo/Yokohama and LA/Long Beach would reduce emissions significantly

China’s stance to be key at the upcoming negotiations around IMO’s economic measure, as the country is yet to signal its willingness to compromise for a GHG levy

Swire Group stalwart takes over the reins at the UK trade association from former president Graham Westgarth

Fiscal and monetary stimulus by governments could boost the markets, as could a better steel sector, easing of financial conditions in China, and better-than-expected US economic growth, while a low orderbook will help reduce supply-side pressure

Foremost Group chair and chief executive Angela Chao has died in a car accident, the company said. She has led the New York-headquartered company, founded by her parents, since 2018