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Daily Briefing January 22 2021

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

Daily Briefing

From The News Desk: Is piracy getting worse?

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

Middle East and Africa Asia Pacific Benin

Volume surge, not blankings, behind supply chain problems

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

Containers Ports and Logistics Ship operations

Latest Articles



 


 


Analysis and Comment

LNG trade needs more liquidity to counter volatility

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

International Tankers and Gas

The Lloyd's List Podcast: What are the shipping market tipping points for 2021?

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!

Lloyd's List The Shipping Podcast Dry Bulk

Biden administration challenges global shipping to reduce emissions

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.

International US States

Supply chain chaos rooted in box shipping’s contract culture

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

International Containers

Weekly Briefing: Box and bulk owners celebrate new year cheer; tankers content with negative earnings

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

Weekly Briefing Containers

New guidance targets the persistent problem of boxes overboard

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

International Containers

The Lloyd’s List Podcast: Why shipping still needs to focus on human rights at sea

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

Lloyd's List The Shipping Podcast Coronavirus Political Risk and Trade


The Lloyd's List Magazine



Please note the Lloyd’s List magazine will only be published digitally until print distribution challenges associated to the coronavirus are resolved. Subscribers can access and download the latest edition by clicking here.

2021: Europe’s year for shipping’s regulations

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

Low fleet growth lifts dry bulk spirits

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 just got a taster of the disruption yet to come

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

Can a bipolar tanker market find equilibrium in 2021?

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

 

 

 


 




The Lloyd's List Podcast


  


 



Special Reports


Audio

The Shipping Podcast

Peter Sand of BIMCO
The Lloyd's List Podcast: What are the shipping market tipping points for 2021?

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 Lloyd’s List Podcast: Why shipping still needs to focus on human rights at sea

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

Emissions and money
The Lloyd’s List Podcast: Containers cashing in and carbon clarity

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

Jonathan Chappell
The Lloyd’s List Podcast: Will tankers recover before 2022?

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

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