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Forecasts to weigh on spot tanker earnings, which are already below operating costs for most of the 2,000-plus larger tankers that lift the majority of crude exports and lead direction of rates for smaller sizes
Free to read: Over 60 bulkers caught in China–Australia coal standoff | Cyprus offers tonnage tax cuts for greener vessels | Singapore plans to vaccinate 10,000 maritime workers this month
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The Lloyd’s List/Inmarsat joint publication Digitalisation Uncovered – What’s Next for Shipping? shows primary drivers for digitalisation are cost reduction and operational efficiencies, followed by regulatory compliance
Forecasts to weigh on spot tanker earnings, which are already below operating costs for most of the 2,000-plus larger tankers that lift the majority of crude exports and lead direction of rates for smaller sizes
Shipping should anticipate significant risks in its recovery from the pandemic, including the challenges of digitalisation and uneven technological competence of the workforce. Successful companies will invest in digital skills
While some cargoes have been diverted, most of the vessels have been waiting in Chinese anchorage since June last year, with September and October other notable months for delays, Lloyd’s List Intelligence data shows
Diversions imply cargo surplus, adding further gloomy signal to depressed transatlantic tanker earnings which remain below operating expenses
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
The San Pedro Bay ports’ clean air action plan, with tight at-berth regulations, does not apply to emissions of particulate matter from ships at anchor, which fall under the jurisdiction of the California Air Resources Board
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
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
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’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
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
While some cargoes have been diverted, most of the vessels have been waiting in Chinese anchorage since June last year, with September and October other notable months for delays, Lloyd’s List Intelligence data shows
Shipping should anticipate significant risks in its recovery from the pandemic, including the challenges of digitalisation and uneven technological competence of the workforce. Successful companies will invest in digital skills
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
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
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
The Lloyd’s List editorial team offer a behind the scenes insight into the arguments, stories and process that fuelled this year’s edition of the annual Top 100 ranking of influence in shipping #LLTop100
The Lloyd’s List/Inmarsat joint publication Digitalisation Uncovered – What’s Next for Shipping? shows primary drivers for digitalisation are cost reduction and operational efficiencies, followed by regulatory compliance
Video Analytics can be used to detect or even predict unsafe situations, spot unintentional operator errors, or avoid accidents by analysing historical events
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