Shipping Investment

Thursday, 30 November 2023

Latest News for: Shipping investment

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GMF: The implications of the IMO revised GHG Strategy for shipping

SAFETY4SEA 30 Nov 2023

This is a crucial step not only for shipping but for the global community as a whole ... To ensure an energy transition aligned with the goals of the Paris Agreement, the strategy needs to be backed by ambitious national and regional policies, as well as industry initiatives to maximise investments in zero-emission shipping.

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Vietnam aims to position itself as a gateway to ASEAN for Canada

North Shore News 30 Nov 2023

But according to Nguyen, Vietnam is looking to position itself as an alternative, and has invested heavily in telecommunications, air and shipping connectivity to help the country compete ... The country is also investing “massively” in shipping capacity and seaport ...

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Woodrow: ESG concerns drive 60% of investors to consider divestment from maritime sector

SAFETY4SEA 30 Nov 2023

It also assesses risk perceptions in specific maritime sectors such as shipping, ports and terminals, and offshore activities like drilling ... High exposure to maritime assets heightened concerns about Shipping (24.2%), whereas exploratory stages of investment led to increased focus on Maritime Technology (28.6%).

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Former shipping captain loses Rs 37 lakh in Forex scam

CryptoNewsZ 30 Nov 2023

A former shipping captain was recently defrauded of Rs ... The Mumbai Police officials arrested the accused, Satish Gupta, based on a complaint filed by a 67-year-old man who works in the shipping company as a captain. The captain was lured by the promise of making daily profits of 3% to 8% on investments and agreed to carry out a forex trade.

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BIMCO applauds Pakistan’s entry into the Hong Kong Convention for safer ship recycling

SAFETY4SEA 30 Nov 2023

This is a significant milestone that effectively seals the loopholes and further strengthens the international ship recycling regime ... Because of this, any ship soon to be recycled will need to abide by the principles of the HKC ... The accession to the HKC by Pakistan, a key ship recycling state, underlines a greater global trend.

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Six in 10 investors considering divestment from maritime sector amid ESG concerns

Splash24/7 30 Nov 2023

It also assesses risk perceptions in specific maritime sectors such as shipping, ports and terminals, and offshore activities such as drilling ... High exposure to maritime assets heightened concerns about shipping (24.2%), whereas exploratory stages of investment led to increased focus on maritime technology (28.6%).

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Qatar and Germany: Deep friendship, strategic partnerships serving common interests

The Peninsula 30 Nov 2023

Germany ranks third among European countries in attracting Qatari investments, following the UK and France ... They also extend to the shipping sector, investing in Hapag-Lloyd, one of the world’s largest shipping companies, and in Hochtief, the largest construction company in Germany, which operates globally.

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Pioneering low-carbon LNG bunkering for iron ore shipping in Port Hedland

SAFETY4SEA 30 Nov 2023

As explained, the LNG re-fuelling concept is based on ship-to-ship bunkering of vessels while at anchor off Port Hedland ... The vessels are to be provided by Norwegian ship-owner Kanfer Shipping ... The shipping industry is living a time of uncertainty that still requires immediate investments.

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Hunter Group returns to the tanker sector with VLCC charter deal

Splash24/7 30 Nov 2023

The Oslo-listed investment firm, which has been placing its next bets on the carbon shipping segment, has struck a deal “with an internationally renowned counterparty” to charter in a 2016-built eco-design and scrubber-fitted VLCC ... Steen Shipping, Apollo Asset, and ...

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Green Power: Idan Ofer ploughs his vast wealth into green shipping and philanthropy

Tradewinds 30 Nov 2023

The Singapore-based owner has invested billions of dollars in cutting-edge green ships and was one of the early adopters of LNG and ...

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All that liner shipping should be worried about going into 2024

Splash24/7 30 Nov 2023

This would have the advantage of soaking up plenty of container shipping capacity ... How will such investments, should they continue, affect long haul Asia-Europe container shipping demand? Readers can draw their own conclusions ... Liners are struggling to fill ships in Asia with goods ...

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Despite setbacks, states are still counting on offshore wind

The Virginian-Pilot 30 Nov 2023

They’re planning new strategies and investments to help the industry weather its rocky start ... New Jersey has committed to reaching 11 gigawatts of offshore wind by 2040, and state lawmakers have invested heavily to build a port capable of handling giant turbines and loading them onto ships.

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Aegean Shipping Management expands fleet with two LR2 ice class tankers

SAFETY4SEA 29 Nov 2023

Aegean Shipping Management and COSCO Shipping Heavy Industry Yangzho reached an agreement for the construction of two more tankers, type LR2 ice class, with a carrying capacity of 114,000 dwt each ... This is a type of ship that is being ordered for the first time by the Company, which continues the tradition of investing exclusively in new ships.

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MSC readies megamax for carbon capture treatment

Splash24/7 29 Nov 2023

Mediterranean Shipping Co (MSC), the world’s largest containerline, has earmarked a big ship to be installed with a Chinese-fabricated carbon capture and utilisation system (CCUS).

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