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More than 90 vessels in excess of 34,000 dwt are forecast for scrapping in 2021, compared with only 25 last year, shipbroker says
Free to read: Tighter emission requirements drive up demand for fuel-saving equipment | Tanker scrapping to rebound from 23-year low | Supply chain chaos rooted in box shipping’s contract culture
Attacks on Maersk vessels, and a raft of new statistics, have prompted a fresh outcry over Gulf of Guinea piracy. BIMCO, Maersk and now Denmark’s government have called for an international naval force. But with more grey ships unlikely to show up soon, it is up to shipowners to protect their crews
Container lines have been accused of restricting capacity to hold rates firm. But analysis shows that deployed capacity rose rather than fell despite blanked sailings
LNG demand is predominantly still tied to power generation, which subjects trade in the commodity to the vagaries of the weather, particularly during the winter season in North Asia. While the market turned against buyers during this year's cold snap, it could just as easily have gone the other way
With the help of Bimco’s chief shipping analyst Peter Sand we’re taking a quick run through the key tipping points that will shape the shipping markets in 2021 on the podcast this week. Peter and Lloyd’s List editor Richard Meade cast their eyes over box market buoyancy, tanker troubles and the bulk market’s optimistic expectations for the year that inevitably all hinge on China. The next 12 months of shipping markets - all in under 25 minutes!
Fortunately for the global shipping industry, Mr Kerry believes that while governments have an important role to play in galvanising net-zero transitions, “they must partner intimately” with the private sector.
There are few things new in container shipping. Today’s problems reflect a long history of both shippers and carriers being wrongly incentivised to commit to what they have agreed to
Box bottlenecks look likely to fuel high rates for the foreseeable future and dry bulk owners have been rejoicing at the unusually positive start to the year. Tanker owners, however, are contending with a negative, pandemic-fuelled outlook — spot earnings on most benchmark routes are below operating costs
Casualties in which containers are lost overboard make up a significant proportion of cargo claims. Better adherence to lashing and stowage guidelines could help in prevention
David Hammond, the founder and chief executive of Human Rights at Sea, explains why the crewing crisis has helped highlight wider abuses in the maritime sector and why we can’t let that attention fade along with coronavirus once the vaccination programme kicks in
The International Maritime Organization will likely finalise its short-term GHG emissions measure in 2021; but it is the European Commission that will step forward with a market-based measure proposal that could alter maritime regulations as we know them
Dry bulk markets should be entering a period of higher rates, given a downcycle that spanned four years from 2016; but uncertainty about the pace of the recovery post-pandemic is still causing some concern
Shipping’s resilience has been tested this year, but a low orderbook does not save a market and the immediate future is riddled with uncertainty. Mid-term, the business models that survived this year may not be set up for a future requiring financial flexibility, transparency, a smarter approach to digital integration and of course sufficient foresight to survive the decarbonisation transition
The old shipping adage that cargo is king applies more than ever for 2021. A rising east-west divide, post-Trump geopolitical policies, and post-pandemic consumer behaviour are recasting tanker market dynamics over the next 12 months
There are few things new in container shipping. Today’s problems reflect a long history of both shippers and carriers being wrongly incentivised to commit to what they have agreed to
More than 90 vessels in excess of 34,000 dwt are forecast for scrapping in 2021, compared with only 25 last year, shipbroker says
With the help of Bimco’s chief shipping analyst Peter Sand we’re taking a quick run through the key tipping points that will shape the shipping markets in 2021 on the podcast this week. Peter and Lloyd’s List editor Richard Meade cast their eyes over box market buoyancy, tanker troubles and the bulk market’s optimistic expectations for the year that inevitably all hinge on China. The next 12 months of shipping markets - all in under 25 minutes!
David Hammond, the founder and chief executive of Human Rights at Sea, explains why the crewing crisis has helped highlight wider abuses in the maritime sector and why we can’t let that attention fade along with coronavirus once the vaccination programme kicks in
On the podcast this week we examine whether shippers’ complaints that box lines are profiteering hold any water. We then turn to the results of the Lloyd’s List Decarbonisation Survey that we conducted late last year in search of some much-needed clarity regarding carbon reduction
A low orderbook never saved a market — you need demand to recover. Oil needs to return to pre-pandemic levels before you can recalibrate the supply demand of the fleet and think about a more sustainable upturn, so says veteran equity analyst Jonathan Chappell. He talks tankers turbulence with Lloyd’s List Editor Richard Meade this week, and sets out his forecast to 2022
The Lloyd’s List/Inmarsat joint publication Digitalisation Uncovered – What’s Next for Shipping? shows primary drivers for digitalisation are cost reduction and operational efficiencies, followed by regulatory compliance
Video Analytics can be used to detect or even predict unsafe situations, spot unintentional operator errors, or avoid accidents by analysing historical events
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