Traders seen building VLSFO stocks ahead of bunker fuel switch
The VLCC Jubilee Star, floating off Tanjung Pelapas, Malaysia, has been used for this purpose since April
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The Interview: Dagfinn Lunde
A four-decades career in banking and shipping has given Dagfinn Lunde a vast understanding of the industry’s financial needs. Here he talks about the difficulty shipowners currently face in raising finance, which has given rise to his new project, eShipfinance.com
The Lloyd's List Podcast: Sanctions, safety reports and talent
Listen to the latest edition of Lloyd’s List’s weekly podcast — your weekly briefing on the stories shaping shipping in the week ahead
Top Stories
Offshore assets still living out their golden years
While probably not ideal for the market as a whole and not welcome to players with better assets, the recent trends keeps some companies in business during the current tough times
Daily Briefing April 19 2019
What should Kitack Lim tell the Extinction Rebellion kids? | Offshore assets still living out their golden years | The Lloyd’s List Podcast: Sanctions, safety reports and talent | Exclusive interview with Dagfinn Lunde
The Lloyd's List Podcast: Sanctions, safety reports and talent
Lloyd's List discusses some of the more long-term trends and uncertainties facing the industry. The US is standing firm on its sanctions against Venezuela, but is there a clear process for penalising businesses? Governments are under the microscope again for their casualty investigation reports, or lack thereof, just as companies may be finding it harder to retain younger talent with potential.
Spotlight
The future of the OSV market rests on consolidation
The decisions of owners in controlling the supply side of the equation will also be important and more scrapping is needed in addition to curtailing newbuildings to bring the market back into balance
European shipbuilders on digitalisation drive
A number of European shipbuilders have pledged to work together to develop a new connected vessel platform called Code Kilo
A Norway-style deal for UK shipping
The Norwegian NOx Fund offers the UK and the International Maritime Organization a successful model that could be adapted to deliver greenhouse gas emission reductions in shipping
Cyber-security is one of several threats facing shipping
Shipowners are being blinded by a series of red flags, with cyber-crime not the largest of them. Tackling them all simultaneously is financially tough, so where to begin?
Recycling realities
The secretary-general of BIMCO is right to suggest that the European Union’s policies on recycling are akin to protectionism
Synergy continues to value add to the maritime industry
Third party ship management is playing an increasingly important role in a demanding and changing environment
Hot Topics
Making complex issues simple
Focusing on what matters to the market, understanding the forces that are shaping the industry
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Hot topic Fuels Company News
Sulphur cap compliance linked to HFO supplies
With very low sulphur fuel oils and marine gasoil set to increasingly dominate demand, Monjasa chief operating officer Svend Stenberg Mølholt sees the supply of HSFO as being concentrated to the larger bunkering hubs and ports
Industry push for compulsory bunker supplier licences
Shipping giants unite to demand that countries introduce mandatory licensing schemes for fuel oil suppliers
Future decarbonisation targets require immediate innovation, says ABS
A more urgent and holistic approach to sustainability is required. ‘We’re not going to be able to replace the entire world fleet overnight,’ says ABS global marine head Kirsi Tikka
Hot Topic one stream Company News
Widening sanctions leaves Ofac open to ridicule
The US administration has sent a message to tanker owners and operators now legally shipping Venezuelan crude beyond the reach of US sanctions that they could yet be drawn into the Ofac net
Shipowner 'shocked' by US sanctions listing
The inclusion of PB Tankers in the Ofac listing will be of great concern to other European shipowners who remain involved in the shipment of crude and other petroleum products to and from Venezuela
US ramps up sanctions on vessels trading Venezuela oil to Cuba
The Ofac announcements target the companies and ships as providing what it describes as a ‘lifeline to the illegitimate regime of former President Maduro’
Greater sanctions due diligence urged after US labels Iran troops as terrorists
‘It is not possible to go to the Iranian equivalent of Companies House and check shareholdings. And even if you could, you would not find a shareholder called IRGC, because front companies will be used,’ says Nigel Kushner of law firm W Legal
The Shipping Podcast
Podcast Company News
The Lloyd's List Podcast: Sanctions, safety reports and talent
Listen to the latest edition of Lloyd’s List’s weekly podcast — your weekly briefing on the stories shaping shipping in the week ahead
The Lloyd’s List Podcast: Day 3 – Live from Singapore Maritime Week
Singapore may have put on s stellar showcase of future facing ambition, but the reality of maritime operations is that not all players are equal when it comes to the digitalisation project
The Lloyd’s List Podcast: Day 2 - Live from Singapore Maritime Week
The technology discussion may finally be morphing into a pragmatic conversation about the realities of the industry as it is, rather than what the tech providers would like it to be
The Lloyd’s List Podcast: Live from Singapore Maritime Week
If you’re not already signed up to attend our Smart Ports Forum, you might just about be able to secure a place by registering here. We kick off at 2:30 pm in the Marina Bay Sands, Orchard Junior Ballroom on Wednesday 10 and it would be lovely to meet a few podcast listeners while we are there, so do come along.
Webinars
Webinar: Future fuels
The Future fuels webinar, discover the 'big unknows' around the sulphur cap and how to avoid future fuel risk.
Listen on demand.
The Intelligence HP Stream Company News
Shipowners weigh options over new EU ship recycling rules
Some 80% of the world’s recycling yards are based in Pakistan, India and Bangladesh but all are excluded from the EU’s approved list
The Interview: John C Hadjipateras
John Hadjipateras, the chief executive of New York-listed Dorian LPG and the Connecticut Maritime Association’s 2019 Commodore, talks about Scorpio’s orders, BW’s bid, LPG’s potential, and the power of the positive surprise
US Gulf-Asia VLCCs drive global tanker patterns
Some 89 tankers called in January 2019, more than double the 40 tankers that called back in the corresponding month three years ago, according to Lloyd’s List Intelligence data
Trump’s tariffs create uncertainty in US west coast ports
The latest throughput figures on the US west coast show that the surge to beat tariffs may have peaked and will soon turn into a decline, especially if the current 10% tariffs are increased to 25%
Containers magazine HP stream Company News
From the Newsdesk: It's more complicated than we thought
BIMCO secretary-general Angus Frew has blasted the European Union’s policies on ship recycling, digital disruption will hit seafarers hard... what will the future look like?
Maritime cyber-crime under the spotlight
Criminals are beginning to focus on shipping, and specifically ports, as their centralised systems provide fraudsters with a wealth of target information
Matson invests $1bn in Honolulu terminal upgrade
Matson said the new cranes were equipped with fibre-optic cabling, enabling faster and more accurate communication of data in its container tracking system
Panama Canal opens up to larger boxships
An increase in the maximum beam restriction will see containerships of up to 20 rows wide transiting the Panama Canal
Back on track
Linton Nightingale
Strong growth returns to the upper echelons of the container port premier league, with China leading the way
Port data
Interactive
The figures behind the rankings. Compare and contrast different ports across multiple years
Interactive rankings
View the interactive grid setting out the risers and fallers across the one hundred ports
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