High-sulphur fuel oil prices surge after the crude oil outage at two plants in Saudi Arabia. This situation has has boosted liquefied natural gas’ cost advantage as a marine fuel

The two companies will take equal ownership in the new venture, which aims to facilitate the sale of liquefied natural gas as a marine fuel to end customers around the world

Marine insurers and underwriters cite the lack of specifications for blends of very low sulphur fuel oil

Industry bodies insist that global enforcement is required to avert an uneven playing field. ‘We urge any country considering deviation to abandon those ideas and put plans in place to fulfill their enforcement responsibilities’

Additional storage facilities in Egypt, Rotterdam and Okinawa may ease a short-term supply gap, but are not geared for any long-term shortfalls — certainly not the 5m barrels per day lost during the time that it will take to repair Abqaiq

While immediate attention is being paid to oil price rises, the eventual timing of a restoration of Saudi Arabia’s production and the intervening rejig of global energy supply routes will inevitably influence multiple key factors for shipping over the coming weeks

Iran claims the British-flagged tanker and 16 seafarers still held will be released once legal proceeding are completed

If the Saudis can reduce the fall in output to 2m barrels per day, additional long-haul crude flows from the US and West Africa should then be able to support tonne-mile demand and shore up rates,says Shenwan Hongyuan Securities analyst Yan Hai

London International Shipping Week was dominated by discussions about the acceleration in the climate change agenda and how the shipping industry must deal with the ever-increasing spotlight on sanctions

The Lloyd’s List team have squeezed into their finest formal attire, popped a cork and gathered round the microphone to give you a prosecco-fuelled reflection on the blur that was London International Shipping Week. From zero carbon politics and 2050 targets to training and of course Brexit — we’re not short of an opinion or five on the biggest issues of the day. Consider this the digestif after the full fiver course tasting menu we’ve been serving you up all week in audio form.

As we near the final mile of the London International Shipping Week marathon, we join two of the race leaders to reflect on the major themes of the week’s debate, including: political backing for shipping, financing the fourth industrial revolution and the benefit of robust debate, along with a little hirsute finance leadership. Joining Lloyd’s List Editor Richard Meade from the LISW conference today are Harry Theochari, global head of transport at law firm Norton Rose Fulbright and chair of Maritime UK, and Michael Parker, chairman of Citi’s shipping and logistics business.

How do we fund zero-carbon shipping and accelerate it beyond the current IMO targets? Double freight rates and use the IMO seems to be the message from today’s panel. Joining us on today’s edition from around London International Shipping Week we have a stellar panel of experts: businessman, academic and former chairman of the UK Financial Services Authority, Lord Adair Turner; Director of the Environmental Defense Fund (and former podcast guest) Baroness Bryony Worthington; and Grimaldi Group managing director Emanuele Grimaldi

Surveys of Tokyo’s relative status among its peers suggest it ranks lower than it should on a world scale 

Britannia no longer rules the waves, but London's world-beating cluster of white-collar shipping services leaves the UK capital with fair claim to be one of the world's major maritime centres

With an enviable talent pool, Hamburg is diversifying to ensure it keeps its role as Germany’s premier shipping centre

Shipping insurers put on alert after Lloyd’s List Intelligence data reveals suspicious patterns of behaviour by vessels in relation to trading with Iran in breach of US sanctions