Tentative agreement to sell Newport Bulk comes after Rhode Island operator indicated it was a sales candidate
PIL selects Lloyd’s Register to boost fleet energy efficiency
Singapore-based shipping company Pacific International Lines (PIL) has engaged Lloyd’s Register fleet optimisation experts, i4 Insight, to help the company reduce emissions and maximise fleet performance with a four-year fleet-wide agreement.
The i4 Insight platform powers PIL’s recently opened Centre for Maritime Efficiency (CME), which uses shoreside routing services as the technological backbone for achieving the company’s goals.
LR Digital Solutions division CEO, Martin Taylor, said, “The CME...
https://container-news.com/pil-selects-lloyds-register-to-boost-fleet-energy-efficiency/
Capital increase in TORM due to exercise of Restricted Share Units as part of TORM’s incentive program
TORM plc (“TORM”) increases its share capital by 21,267 A-shares (corresponding to a nominal value of USD 212.67) as a result of the exercise of a corresponding number of Restricted Share Units. The capital increase is carried out without any pre-emption rights for existing shareholders or others....
China 2022 fiscal revenue +9.1% y/y, excluding tax credit rebates
China’s fiscal revenue rose 9.1% in 2022 from a year earlier, after excluding the impact of value-added-tax credit rebates, the finance ministry said on Monday. Fiscal expenditure rose 6.1% in the full year of 2022, according to the finance ministry. Amid a protracted property crisis, China’s...
https://www.hellenicshippingnews.com/china-2022-fiscal-revenue-9-1-y-y-excluding-tax-credit-rebates/
U.S. natgas drops 5% on forecasts for milder weather, lower heating demand
U.S. natural gas futures dropped about 5% to a 21-month low on Monday on forecasts for warmer weather and lower heating demand through the middle of February than previously expected. Gas prices have also been under pressure in recent weeks by growing beliefs in the market that there was more than...
Supply and Demand Disparity Hits Transatlantic
Too much capacity is being injected into the Transatlantic tradelane, suggesting rates are likely to topple. The Transatlantic’s high of full ships and strong rates in 2022 has started to slip due to overcapacity, as carriers redeploy tonnage into the trade from other areas, reports Riviera Maritime Media.
2022 was the best year!Atlantic Container Line (ACL) chief executive Andrew Abbott sums it up, “2022 was the best year in ACL’s history, it was unbelievable, and...
https://mfame.guru/supply-and-demand-disparity-hits-transatlantic/
Το Φεστιβάλ Αθηνών Επιδαύρου και ο Ελληνικός Ερυθρός Σταυρός επεκτείνουν την συνεργασία τους
Την Πέμπτη 26 Ιανουαρίου 2023, πραγματοποιήθηκε συνάντηση μεταξύ του Προέδρου του Ελληνικού Ερυθρού Σταυρού, Dr. Αντώνιου Αυγερινού, του Πρόεδρου της Ελληνικό Φεστιβάλ Α.Ε, κ. Δημήτρη Πασσά και του Γενικού Διευθυντή…
Το Φεστιβάλ Αθηνών Επιδαύρου και ο Ελληνικός Ερυθρός Σταυρός επεκτείνουν την...
Euronav: Update On Arbitration
Euronav NV hereby informs its shareholders that on 28 January 2023 it has filed an application request for arbitration on the merits in relation to Frontline’s (NYSE: FRO & OSE: FRO) unilateral action in pursuing the termination of the combination agreement of July 10, 2022. This request on the...
https://www.hellenicshippingnews.com/euronav-update-on-arbitration/