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Daily Briefing May 29 2024 - Vimarsana News

Daily Briefing May 29 2024

IRS chief defends classing Russia-trading dark tankers as fleet doubles | Flag and port state face off over ship detentions | UK targets use of escrow agents in dark fleet sale and purchase deals

State-owned CHN Energy boosts shipping foray with 11-ship purchase - Vimarsana News

State-owned CHN Energy boosts shipping foray with 11-ship purchase

By taking over the ships of its domestic peer, CHN Energy Leasing has become another Chinese leasing company to venture into the shipping industry

HD Hyundai teams up with Shell to develop liquefied hydrogen carrier - Vimarsana News

HD Hyundai teams up with Shell to develop liquefied hydrogen carrier

The move comes as the hydrogen storage and transport market is expected to grow significantly as the world transitions to clean energy

MOL bolsters wind propulsion rollout with seven more eco-newbuilds - Vimarsana News

MOL bolsters wind propulsion rollout with seven more eco-newbuilds

 Six dry bulkers will be equipped with the Wind Challenger hard sail systems, co-developed by MOL and Oshima Shipbuilding, which the Japanese shipping group claims can reduce vessel GHG emissions by up to 16%

Lagging transatlantic left out of spot rate rally – at least so far - Vimarsana News

Lagging transatlantic left out of spot rate rally – at least so far

Spot rates for US containerised imports from Europe are falling far behind rates from Asia. It could be just a timing effect, or it could be related to weaker demand for the types of goods in the transatlantic trade