Marine & Industrial Report

Analysis

JMU and NYK sign tanker deal with guaranteed sea performance

The tanker will be delivered in March 2026.

Michael Kum emerges as substantial shareholder in Marco Polo Marine with 5.77% stake

Halom Investments bought 60 million shares from Penguin, raising Kum’s holding to 225 million.

Singapore shippers face policy cancellations as Iran conflict escalate

Hull and Machinery coverage faces cancellations with reinstatements costing more.

ICTSI net income hits $1.05b on port growth

Diluted earnings per share rose 25% to $0.510.

ICTSI net income rises 23% to US$1.05b in 2025

Revenues climb 18% as throughput rises.

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Analysis

JMU and NYK sign tanker deal with guaranteed sea performance

The tanker will be delivered in March 2026.

Michael Kum emerges as substantial shareholder in Marco Polo Marine with 5.77% stake

Halom Investments bought 60 million shares from Penguin, raising Kum’s holding to 225 million.

Singapore shippers face policy cancellations as Iran conflict escalate

Hull and Machinery coverage faces cancellations with reinstatements costing more.

ICTSI net income hits $1.05b on port growth

Diluted earnings per share rose 25% to $0.510.

ICTSI net income rises 23% to US$1.05b in 2025

Revenues climb 18% as throughput rises.

Exclusives

Commentary

Loss of IMO net zero scheme can spur better decarbonisation strategies

Any proposed emissions-reduction system needs to provide incentives, not just penalties. 

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