Page 82 - List Intelligence News Today

Additional fuel costs are an immediate cause for concern for carriers. But they will need to ensure that surcharges are fair and transparent

Singapore port’s container throughput reached a new high of 39m teu in 2023

GIP has been an investor in several ports and terminals, among other infrastructure projects. New ownership will see it increase assets under management

Oil prices jumped by 4% after the US and UK launched strikes in Yemen over recent attacks by Houthi rebels on ships in the Red Sea. Brent crude hit $80

Iran is sidestepping sanctions against it by the United States, using what Congress calls a "ghost armada" that disables location information and flies bogus flags to avoid detection.

US and UK forces have launched strikes against Houthi rebels early Friday (local time), the first attacks against the Iran-backed militants since they began sowing chaos in the Red Sea late last year. Biden warns of further measures if required

A total of 28 ships have now reversed course or stopped in the wake of US and UK air strikes on Houthi targets overnight. Industry groups are advising ships to exit the area, warning that the threat is likely to last for several days, however at least 90 vessels are currently heading through the danger zone

Key agreement with Jawaharlal Nehru Port Authority establishes APM Terminals’ interest in participating in the Vadhavan mega port project

Participating companies include Singapore conglomerate Keppel as well as LNG player Pavilion Energy. They will exchange ideas, share technical insights and develop lower carbon research, development and demonstration projects

As the missiles fly and ships divert, the Lloyd’s List team are joined by industry experts to offer expert views on how the events in the Red Sea are going to be shaping shipping markets and risk assessments globally over the coming days and weeks