Legal flaws in commission decision-making process mean proper evaluation is still required

Letter follows Mr Lim’s re-election as the International Maritime Organization secretary-general last month and urges pushing forward a carbon-free agenda in the next four years

If shipping is to fully decarbonise by 2050, this will require further investments of some $400bn over 20 years, bringing the total to between $1.4trn and $1.9trn

The port moved near-record cargo in 2019, with a total of 9.34m teu, only 1.3% below the 9.46m teu it moved in 2018 — the second-best year in its 113-year history

Kyaukpyu’s location close to major shipping lanes would enable China not only to avoid the Strait of Malacca but also to gain a foothold on the edge of the Indian Ocean, which is a region of increasing strategic competition

Vessels seem largely compliant with the IMO 2020 rules, but the manifestation of the regulatory upheaval is more on the commercial side, where extraordinarily high bunker bills are causing payment delays and a shortage of yard slots is resulting in cost overruns of scrubber fitting

Sinotrans Shipping run a dry bulker fleet of 75 ships with 5.8m dwt in capacity while also having a stake in five Arctic LNG carriers co-invested in with state-owned China LNG and Prokopiou-controlled Dynagas

Letter follows Mr Lim’s re-election as the International Maritime Organization secretary-general last month and urges pushing forward a carbon-free agenda in the next four years

If shipping is to fully decarbonise by 2050, this will require further investments of some $400bn over 20 years, bringing the total to between $1.4trn and $1.9trn

Vessels seem largely compliant with the IMO 2020 rules, but the manifestation of the regulatory upheaval is more on the commercial side, where extraordinarily high bunker bills are causing payment delays and a shortage of yard slots is resulting in cost overruns of scrubber fitting

Safe Bulkers also entered into a three-year unsecured revolving credit facility with a $15m draw-down capacity

There may be better times on the horizon following the signing of the much-anticipated phase 1 of the US-China trade truce. The agreement bodes well for agricultural shipments and tonne miles

Sinotrans Shipping run a dry bulker fleet of 75 ships with 5.8m dwt in capacity while also having a stake in five Arctic LNG carriers co-invested in with state-owned China LNG and Prokopiou-controlled Dynagas

Some 940,000 barrels per day of crude oil have been temporarily removed from the global market as shipments remain blocked at export terminals

Probunkers is hopeful of proceeding to final contract discussions with the yard ‘in the next month or so’

Letter follows Mr Lim’s re-election as the International Maritime Organization secretary-general last month and urges pushing forward a carbon-free agenda in the next four years

If shipping is to fully decarbonise by 2050, this will require further investments of some $400bn over 20 years, bringing the total to between $1.4trn and $1.9trn

Deal helps the Chinese port operator to optimise its equity investment structure

Safe Bulkers also entered into a three-year unsecured revolving credit facility with a $15m draw-down capacity

Vessel owners chartering to PIL displaying full confidence in line

Long-term risk is becoming focused on environmental threats, while short-term risk continues to highlight geopolitical turmoil. Shipping must not confuse individual events with trends

The Copenhagen-based company, founded by Carsten Mortensen and Freddie Lee, has added a fourth product tanker to its portfolio

Critics suggest the investment is more of a political statement than a financial one as China seeks to exploit differences between the US and Mexico

Insurtech Concirrus has gone from a standing start in 2016 to build a customer roster that includes some of the biggest names in marine insurance. Chief executive Andrew Yeoman explains how he came to shake up an entire sector

Search and rescue efforts remain the top priority as the US Coast Guard looks for the remaining two crew members with flights, shore patrols and maritime searches

The lines collectively account for only 5% of the insurer’s overall global marine book

P&I Clubs, including those that provide cover for Bahri, have warned that switching off AIS could invalidate insurance

The platform will include a new predictive pricing module, which Concirrus says will enable Hiscox to analyse existing portfolios in greater detail

Burnt-out batteries were reportedly found in a container operated by Wan Hai, which was loaded at China’s Nanshan port and destined for Nhava Sheva