Page 81 - List Intelligence News Today

Shell ‘suspends Red Sea transits’ as charterers reassess Houthi risk | Tipping point may be ‘only a few more attacks away’ | Greek-owned bulk carrier struck by missile as two Houthi attacks reported

Two IMO member states and multiple industry groups said it is ‘inadvisable’ to use CII during the review period through to 2026, while IMO officials acknowledge industry concerns surrounding its ruling

Propane prices have been rising in the US while falling in China, analysts say, narrowing the arbitrage and hitting VLGC freight rates. Meanwhile, diversions around the Cape of Good Hope have risen sharply in December amid the Red Sea threat and Panama Canal woes

PSA International saw volumes rise by 4% in 2023, despite flat container volume demand. Flagship Singapore facility handled nearly 40m teu

APM Terminal and Louisiana’s Plaquemines port unveil agreement to build a container terminal with an estimated initial investment of $500m

Frontline has reached an agreement to sell its oldest VLCCs, built between 2009 and 2010 for $290m, with delivery slated in the first quarter. It expects to generate cash proceeds of $207m from the sale

Shipowners and brokers reported newbuilding contracts for a total of 46 vessels from the containership, dry cargo, gas, ro-pax and tanker sectors

There wasn't major damage or injuries in this attack a day after a Houthi missile heading to the USS Laboon was downed by a US fighter.

First strike on Houthi militants prompts more ships to divert away from the Red Sea, in addition to the 2m teu of boxship capacity that had avoided the Suez route over the new year period. Meanwhile, Gabon is highlighted as a haven for dark fleet tankers

Eagle Bulk vessel struck by Houthi missile | Diversion surcharges come under spotlight | BlackRock acquires Global Infrastructure Partners