CMB’s chief executive Alexander Saverys believes that hydrogen offers shipping’s best bet to reach a zero-carbon future and he is investing heavily to that end. But even he concedes that things are moving too slowly, and greater collaboration and partnerships will be required before the technological challenges can be overcome. He joins Lloyd’s List editor Richard Meade on this week’s podcast to discuss the industry’s green investment conundrum and why a collective effort is going to be required to hit the industry’s 2050 emissions goals

The group will focus on building competencies in handling liquefied natural gas and will work towards bunker deliveries

High uncertainty of availability of high sulphur fuel oil at ports around the world after the IMO global sulphur cap kicks in is a cause for concern while distillate prices are also expected to spike after the January 1, 2020 deadline

The Finnish refiner will begin supplying the residual marine fuel oil 0.5% fuel during the fourth quarter of 2019

The Grace 1, which weighed anchor at 2200 hrs BST, has been renamed the Adrian Dayra 1 for its voyage, and reflagged to Iran.  The destination is unknown

‘Using private armed guards against state actors like the IRGC would be catastrophic, escalating any situation out of control, and resulting in danger for crew, ship and cargo. It would also cause significant consequential reputational damage for shipping companies and flag States,’ Peter Cook argues

Analysis of AIS data by Lloyd’s List Intelligence shows for the first time that Stena Impero fitted the pattern for a spoofing attack when it was seized by the Islamic Revolutionary Guard Corps on July 19

CMB’s chief executive Alexander Saverys believes that hydrogen offers shipping’s best bet to reach a zero-carbon future and he is investing heavily to that end. But even he concedes that things are moving too slowly, and greater collaboration and partnerships will be required before the technological challenges can be overcome. He joins Lloyd’s List editor Richard Meade on this week’s podcast to discuss the industry’s green investment conundrum and why a collective effort is going to be required to hit the industry’s 2050 emissions goals

We are talking pensions on this week’s podcast with Roy Murphy, who is chair of two maritime industry pension schemes, the MNOPF and the Ensign Retirement Plan. But not before we’ve also given you an early heads up on our ‘Transparency in Shipping’ forum coming up at London International Shipping Week (Sign up: Lloydslist.com/Londonforum).

On this week’s podcast we’re taking another look at the latest developments for shipping in the Strait of Hormuz and examining Lloyd’s List’s latest analysis of the Top 100 box ports. British tankers may no longer subject to price discrimination on war risk insurance for trips to the Gulf, provided they are under naval escort when transiting the Strait of Hormuz, but that suggests a level of stability in the region that doesn’t yet exist. Despite the increasingly undiplomatic diplomacy, shipping still looks to be caught in the middle of a macro turf war with few good options left open

Dry bulk spot markets are verging upon the strongest levels witnessed in a decade, while capesize bulker earnings have soared to the highest level in 14 years. But how long can this last? Joining the Lloyd’s List podcast this week to discuss the outlook for dry bulk markets is John Michael Radziwill, the chairman and chief executive at C Transport Maritime. He thinks this is a market that could last for the next 18-24 months. ‘You’ve been waiting for this and this is your time,’ he tells fellow dry bulk owners. ‘Grab every cent out of every cargo. And whatever you do — don’t order any newbuilds’

Highlights from the Lloyd’s List News Desk this week include: all the latest analysis on events in the Strait of Hormuz, our rundown of the Top 100 Container Ports, a detailed look at the roaring dry bulk market and why the IMO is thawing to the idea of more transparency about how it works

Fuel quality testing alone may not be enough to prevent engine damage from mixed blends

By incorporating clean shipping criteria into ship finance covenants, banks have produced a tool to demonstrate that shipping’s key stakeholders are acting responsibly, but they come with likely consequences, winners and losers