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
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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
By taking over the ships of its domestic peer, CHN Energy Leasing has become another Chinese leasing company to venture into the shipping industry
The move comes as the hydrogen storage and transport market is expected to grow significantly as the world transitions to clean energy
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%
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