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Record freight rates and delays are the result of a system under pressure in the midst of a pandemic. When the cost of a lean supply chain is paid in a lack of resilience, shippers need to look to their own housekeeping and not just blame carriers
Free to read: IMO chief warns failure not an option on cutting emissions | Abandoned crews languish as cases drag on | Iran’s crude convoys to Syria continue apace
MOL Chemical Tankers has equipped its vessels with spectrophotometers that allow seafarers to monitor all tank cleaning operations as they happen, without having to enter the confined spaces of the cargo tanks
As a founding member of the IMO, Australia will continue to champion organisational reform to strengthen the institution, while making it more balanced, fair and inclusive
In this Expert Focus video, produced as part of Lloyd’s List’s Future of Shipping programme, RightShip chief executive Steen Lund, talks about how transparency and accounting can play a key role in shipping's sustainability push
In this Expert Focus video, produced as part of Lloyd’s List’s Future of Shipping programme, Bjørn-Johan Vartdal, Digital Director and head of Maritime Incubator at DNV, discusses the current state of digital transformation and innovation in the maritime industry
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In this Expert Focus video, produced as part of Lloyd’s List’s Future of Shipping programme, OrbitMI chief executive officer Ali Riaz discusses how business models can play a role in shipping’s decarbonisation.
In this Expert Focus video, produced as part of Lloyd’s List’s Future of Shipping programme, Wärtsilä director of R&D and engineering Juha Kytölä talks about the potential of a dual-fuel transition for shipping
Record freight rates and delays are the result of a system under pressure in the midst of a pandemic. When the cost of a lean supply chain is paid in a lack of resilience, shippers need to look to their own housekeeping and not just blame carriers
Vessel queues into Yantian may have reduced over the past week at the port’s main anchorage but are still significant, while ships looking to avoid the disruption continue to build up at neighbouring facilities. Elsewhere, new figures show that global box demand eased through April, yet shippers are warned to expect equipment shortages and delays to prolong through to 2022
Shipping experts are calling for serious commitment on sustainability ‘NOW’ before it’s too late. What’s holding us back? Is the answer only to be found in zero carbon fuels, in which case how many years will it be until the right fuel or fuels have been trialled and tested under all conditions? What can be done while all this is going on, to reduce if not eliminate harmful emissions? And what has shipping discovered from several years of digitalisation to move us in the right direction? Roger Strevens, vice-president of global sustainability at Wallenius Wilhelmsen, explains why reducing carbon intensity by one-third since 2008 is not enough
The increase in LNG re-exports came on the back of volatility in prices. This fed trading interest and boosted liquidity in the market
A vaccine-led recovery is going to be a bumpy ride for the maritime markets, so we are looking at the leading indicators this month in tankers and predicting what happens now that the markets appear to have hit the bottom. Meanwhile, we are dismissing talk of a super-cycle and examining where the peaks really lie
Shippers are furious at the high cost and poor reliability of ocean freight. But many of the solutions are beyond the control of container lines
The IMO’s environmental negotiators meet next week with a priority to finalise short-term emissions measures. But their meeting is also the likely beginning of bigger and more difficult discussions for shipping’s future. Environmental Defense Fund Europe international climate director Aoife O’Leary talks to Lloyd’s List about what we should expect for the rest of this year and how a market-based measure should come in
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Being agile and talented are not enough for an entrepreneur in maritime. A degree of commercial shrewdness is vital, plus an ability to see the long-term vision. A two-year time horizon will not cut it
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Setting up as a shipping alt lender is easy. Round up some Cass buddies, rent desk space, raise a couple of hundred million bucks and farm it out to owners who cannot borrow elsewhere, right? Wrong
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A post-Covid surge in start-ups is expected, fuelled by abundant tech funding and targeting an ample supply of industry problems with their innovative solutions. But is the shipping industry ready to open the door to new ideas and provide the collaboration needed to scale these entrepreneurial talents beyond the quickly burned seed capital stages?
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A vaccine-led recovery is going to be a bumpy ride for the maritime markets, so we are looking at the leading indicators this month in tankers and predicting what happens now that the markets appear to have hit the bottom. Meanwhile, we are dismissing talk of a super-cycle and examining where the peaks really lie
Ship operator X-Press Feeders said a ‘grey sheen’ has been observed emanating from the vessel. There is no confirmed fuel oil pollution yet
Shipping experts are calling for serious commitment on sustainability ‘NOW’ before it’s too late. What’s holding us back? Is the answer only to be found in zero carbon fuels, in which case how many years will it be until the right fuel or fuels have been trialled and tested under all conditions? What can be done while all this is going on, to reduce if not eliminate harmful emissions? And what has shipping discovered from several years of digitalisation to move us in the right direction? Roger Strevens, vice-president of global sustainability at Wallenius Wilhelmsen, explains why reducing carbon intensity by one-third since 2008 is not enough
The IMO’s environmental negotiators meet next week with a priority to finalise short-term emissions measures. But their meeting is also the likely beginning of bigger and more difficult discussions for shipping’s future. Environmental Defense Fund Europe international climate director Aoife O’Leary talks to Lloyd’s List about what we should expect for the rest of this year and how a market-based measure should come in
‘How shipping pollutes the planet, avoids taxes, dodges regulations, and gets away with it’ — is the eye-catching strapline to the recent documentary Black Trail which has caused a stir in shipping circles. The film may not have taught us anything new about emissions, policy-making or the business of shipping, but seeing an outsider’s view of shipping on display offers a revealing, and worrying, insight into how the industry is being portrayed. This week’s podcast features the two lead journalists behind the film Zeynep Sentek, and Craig Shaw.
Despite its reputation for opaque business practice, the shipping industry has, over the past decade, been going through a quietly effective anti-corruption revolution. The Maritime Anti-Corruption Network now represents over 50% of the global fleet and commands serious leverage when tackling systemic corruption wherever it finds it. Joining the podcast this week is MACN’s chief executive Cecilia Müller Torbrand
There has been a more urgent push to connect every device and machine; digitalisation is helping the entire maritime industry evolve
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
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