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Chinese leasing strives to adapt to changing markets
Biggest challenge comes from inflated asset value and elevated interest rates
Tonnage tax changes signal UK commitment to shipping
Bringing shipmanagers as well as ship operators into the regime will bring the UK into line with other jurisdictions such as Cyprus
FMC assessing compliance with ruling on detention charges
US regulator checking that ocean carriers and marine terminal operators are complying with the law following a precedential decision it issued addressing when per diem detention charges can be billed
Vista Shipping secures green loan for LNG dual-fuel vessels
Sustainability-linked loan sets ‘ambitious targets’ on annual efficiency ratio and sulphur oxide emissions over 10 years
Leasing broker faces 15-year prison sentence in China anti-corruption case
Prosecution alleges founder of Smarine Advisory was involved in taking $21.9m of bribes in his former role at the Export-Import Bank of China
Container sector earnings likely to have topped $200bn in 2022
Fourth quarter of the year reporting shows the party may be coming to an end for carriers. But full-year earnings give them a comfortable buffer for any downturn
China Merchants to offload controlling stake in Ningbo terminal
The tender will give a chance for Ningbo-Zhoushan Port Co to gain the control over the facility and better consolidate its terminal resources
China’s LNG imports projected to rise 10%
Second-tier companies are seen entering the market in China and may optimise their portfolios, selling volumes into Europe instead, says consultancy
MOL among backers of US ammonia fuel start-up
SK Innovation chief Jun Kim believes ammonia power technology ‘will revolutionise not only the maritime industry but the entire transportation industry’.
Supply of new vessels will delay container market improvement, says OOIL
The business outlook remains mixed and depends on an interplay of macroeconomic factors and container demand and supply
Braemar set for record revenue and operating profit
The top line for the year ending February 28 is expected to come in at not less than £150m ($184m), compared with £101.3m in the year-earlier period
Banking turbulence amplifies capital-raising difficulties for shipping
Huge profits earned by shipowners have lessened lending needs but finance for retrofitting vessels to manage greenhouse gas emissions targets will still be required
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