New regulations widen powers of FMC
A year after its introduction, the latest update to US shipping law can be seen as a vote of confidence in the Federal Maritime Commission
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Saudis join floating storage surge as oil surplus strains land-based capacity
Of the 21 VLCCs chartered for periods of between six and 12 months in the past two weeks, nine are specifically designated as floating storage
Daily Briefing March 30 2020
Free to read: Imabari finalises tie-up with JMU as Japan looks to merge yards | Dry bulk rates soften as Anglo moves to curb output | Shipping hopes it is a case of ‘V’ for victory | The Lloyd’s List Podcast: What shape will shipping’s coronavirus recovery take?
Lloyd’s List Coronavirus Webinar — Listen on demand here
Lloyd’s List and Lloyd’s List Intelligence experts joined a special webinar examining the impact of the coronavirus pandemic on the shipping sector and answered questions from a global industry audience. You can now access the webinar, featuring our data-led analysis of the key maritime markets, here
Saudis join floating storage surge as oil surplus strains land-based capacity
Of the 21 VLCCs chartered for periods of between six and 12 months in the past two weeks, nine are specifically designated as floating storage
Coronavirus: No let-up in boxship blank sailings
2M carriers scale back capacity by more than a fifth on the Asia-Europe trade to match supply with ailing demand at the hands of the spread of the coronavirus
Lifting Trump's tariffs on China could boost the medical supply chain
Former World Bank president Robert Zoellick recently observed that after President Trump hit Chinese medical suppliers with a 25% tariff in 2018, China’s exports to the US dropped by 16%
Lloyd’s List Coronavirus Webinar — Listen on demand here
Lloyd’s List and Lloyd’s List Intelligence experts joined a special webinar examining the impact of the coronavirus pandemic on the shipping sector and answered questions from a global industry audience. You can now access the webinar, featuring our data-led analysis of the key maritime markets, here
The week in charts: China port calls slow as tanker freight futures spike
Signs of the slowdown in container volumes are already starting to emerge in China, despite the recent recovery in production as factories resume work
The Lloyd’s List Podcast: What shape will shipping’s coronavirus recovery take?
However horrific the disruption looks right now at a consumer level, we have to believe that coronavirus is not going to structurally change the shipping markets. Can we hope for a V-shaped recovery, or should we brace for a misshapen U? God forbid we even consider the prospect of an L-shaped non-recovery. Joining Lloyd’s List Editor Richard Meade this week to discuss the shape of things to come is Shipping Strategy managing director and returning podcast pundit, Mark Williams
Coronavirus and shipping briefing: Tanker rates collapse while the outlook weakens for containers
Tanker rates are falling dramatically as the coronavirus-led drop off in demand outweighs the oil price war. Elsewhere, crew change restrictions are slowly being lifted in China, but national lockdowns are causing concern for seafarers in other parts of the world. As regards the containers sector, the outlook is becoming increasingly pessimistic
Magazine Company News
US shipping stocks fail to catch a break
It can feel that with a few notable exceptions, shipping stocks in public markets cannot catch a break. But what is the outlook for publicly traded firms in the US today?
World boxship fleet update: Idle vessels returning to service could upset market balance
Boxship fleet growth goes into hiatus during coronavirus outbreak
Open for business: Shipping’s transparency revolution
The colour chart of opaque business practice in shipping comes in an endless range of hues, but a combination of security, financial and regulatory forces have systematically hoisted the industry’s corporate veil and are forcing the industry’s hand into becoming more transparent and accountable
The Lloyd's List Podcast
The Lloyd’s List Podcast: What shape will shipping’s coronavirus recovery take?
However horrific the disruption looks right now at a consumer level, we have to believe that Coronavirus is not going to structurally change the shipping markets. Can we hope for a V shaped recovery, or should we brace for a misshapen U? God forbid we even consider the prospect of an L shaped non-recovery. Joining Lloyd’s List Editor Richard Meade this week to discuss the shape of things to come is Shipping Strategy Managing Director and returning podcast pundit, Mark Williams.
Spotlight
Coronavirus: Støhle says ‘buoyant’ spot LNG charter market is unexpected
Sveinung Støhle says that low prices for LNG, the recovering demand in China and prolonged journey times owing to coronavirus constraints on ship movement lie behind the increase in demand for LNG carrier vessels
Special Reports
Crew training
Lloyd’s List takes a deep dive into shipping’s endeavours to retain and attract the next generation of maritime personal on board and ashore
One Hundred People 2019
Lloyd’s List annual ranking of the most influential people in the shipping industry
The Shipping Podcast
Podcast Company News
The Lloyd’s List Podcast: Seafarers are not the problem — they’re part of the solution
The coronavirus pandemic has left seafarers around the world in a precarious position, but as the focus shifts to European government responses the industry is pulling together to ensure that shipping, and seafarers, can keep world trade afloat. This week’s edition discusses concerns facing crew amid the Covid-19 restrictions and features maritime trade union Nautilus’ general secretary Mark Dickinson
The Lloyd’s List Podcast: Getting ready for the awards
In this special episode of the Lloyd’s List Shipping Podcast, Editor Richard Meade discusses the forthcoming Lloyd’s List Awards series, answering many of the questions that come up as companies and individuals are preparing their submissions, and setting listeners on the path to success with some sound advice
The Lloyd’s List Podcast: Tankers, toilet rolls and scuppered scrubber economics
Panic buying seems to be the trend of the moment, whether you’re stockpiling bathroom essentials amid coronavirus concerns, or making a grab for tanker tonnage amid an increasingly volatile oil price war — it’s all the same sentiment spooking markets. This week’s podcast looks behind the inflated earnings of VLCCs and then examines the impact of a plummeting oil price on marine fuel spread strategies and scrubber economics. If you’re trying to make sense of a crazy, confusing week in shipping, you’ve found the right podcast.
The Lloyd’s List Podcast: How is shipping coping with coronavirus?
The impact of coronavirus continues to ripple through the shipping industry and the wider global supply chain, so to help make sense of the increasingly complex picture we have once again sought a diverse range of industry insight for this week’s edition, including Guy Platten, secretary-general of the International Chamber of Shipping, Ray Lei, commercial director at Landbridge Holdings, and Fleet Management’s head of business Captain Vikas Grewal
Webinars
Lloyd’s List Coronavirus Webinar — Listen on demand here
Lloyd’s List and Lloyd’s List Intelligence experts joined a special webinar examining the impact of the coronavirus pandemic on the shipping sector and answered questions from a global industry audience. You can now access the webinar, featuring our data-led analysis of the key maritime markets, here
Search for greener solutions will stimulate wider maritime collaboration in 2020
As the non-maritime world grows ever more litigious, the need for shipowners to work more closely with law firms, insurance companies, shipmanagers and specialist agencies becomes clear
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