Speed reduction regulation will slow low-carbon transition
Proposals being put to the IMO to reduce ship speeds in order to cut carbon emissions are misguided and will do nothing to reduce emissions
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Container freight rates tracking 10% ahead of last year
Rising demand for container slots out of China could see ocean freight rates continuing to make gains on the Asia-Europe trade throughout May if carriers ration capacity
Daily Briefing April 24 2019
US oil waivers end as Iranian crude exports slump in April | Mandatory e-charts cut risk of CMA CGM Libra re-run | Wallenius and SOL form shipping company | High US retail inventories threaten to dampen transpacific growth
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.
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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
What should Kitack Lim tell the Extinction Rebellion kids?
Even the IMO secretary-general has acknowledged that the shipping industry’s greenhouse gas reduction strategy needs to be more ambitious
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
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Focusing on what matters to the market, understanding the forces that are shaping the industry
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Hot topic Fuels Company News
Idle boxship fleet falls as scrubber installations increase
Rising demand for charter tonnage is raising rates and lowering the unemployed ship pool
Wallenius and SOL form shipping company
Swedish companies combine to service northern Europe with LNG-powered ice classed ro-ro ships up to 30,000 dwt
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
Hot Topic one stream Company News
US oil waivers end as Iranian crude exports slump in April
UPDATED: Brent crude traded as high as $74.67 per barrel on Tuesday morning, although it later steadied to $74.12 on London’s ICE Futures Europe exchange
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’
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
Idle boxship fleet falls as scrubber installations increase
Rising demand for charter tonnage is raising rates and lowering the unemployed ship pool
HMM and RCL tweak their intra-Asia services to provide more direct calls
Both lines say the service changes are to better cater to customer demands and provide better speed and reliability
Container freight rates tracking 10% ahead of last year
Rising demand for container slots out of China could see ocean freight rates continuing to make gains on the Asia-Europe trade throughout May if carriers ration capacity
Mandatory e-charts cut risk of CMA CGM Libra re-run, UK Club argues
‘Whether ultimately the use of an electronic chart would have prevented the grounding is a moot point, but it is notable that the master did state in evidence that he would not have made alteration if he had known of warnings,’ says claims executive Ben Johnson
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
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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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