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The crewing crisis never left us, but it is about to get much, much worse. There is still a gulf between what governments and charterers are saying versus what they are prepared to do in practice. The time for gesture politics is over, words need to be replaced by actions
Free to read: Greece backs creation of European R&D fund within ETS | Stranded crew data reveals extent of changeover crisis | Role of seafarers in keeping the world moving is unrecognised | Why the China-US tariff war still matters for shipping
The need to build a greener economy has never been clearer, and ports have a critical role to play in delivering this goal
The gaps between digital technologies and safety, and between fuels and fuel technologies and safety, have led to DNV analysing the new system complexity
The crewing crisis never left us, but it is about to get much, much worse. There is still a gulf between what governments and charterers are saying versus what they are prepared to do in practice. The time for gesture politics is over, words need to be replaced by actions
Freight rate slide prompted by a dip in the forward market could just be a temporary blip in an otherwise strong setting. Iron ore will be more supportive in the coming quarter with higher volumes expected
Cargo owners face surcharges just to secure slots, on top of high ocean rates. There is some evidence that desperate shippers are paying close to $20,000 to ship a container to northern Europe
The crewing crisis never went away, the industry just worked around the problems, but with India now engulfed with a new coronavirus strain, Myanmar seafarers locked out due to sanctions at home and existing logjams getting worse, there is a very real possibility that shipping has a global crew shortage coming in the post. Joining the podcast this week to discuss the current crew changeover constraints and looming disaster scenarios is the International Chamber of Shipping secretary general, Guy Platten
Having hit 11-year highs this week the Baltic Dry Index bull run appeared to be slowing on Thursday as both politics and coronavirus infections once again steered the agenda and the capsize rate started to tail off. For containers the good times continue to roll and, if Maersk’s results are anything to go by, the profits are rolling in for the lines. Meanwhile, there may be growing optimism of a vaccine-led recovery in crude demand across significant oil-consuming countries in Europe and north America but somebody forgot to send the memo to the tanker market
Some of the most powerful voices in shipping are among the most heavily invested in liquefied natural gas as a marine fuel, but the pathway for LNG as a transitional option is far from clear. With the World Bank now urging an end to public policy support for LNG as a bunker fuel and pushing for methane emissions regulations, this month’s edition of the Maritime Markets Outlook examines the implications for those LNG cheerleaders already exposed and analyses the rapidly changing dynamics of transitional fuelling options for shipping
Lloyd’s List is teaming up with its sister publication Insurance Day this week for our first joint edition of the Podcast looking at the insurance implications and scenarios in the wake of the Ever Given casualty in the Suez Canal. Jonathan Humm, who leads the marine hull team at Aegis London, and Stephen Hawke, managing director of PL Ferrari, the P&I specialist broker, join the discussions this week as we examine the marine insurance fallout from shipping biggest traffic jam
COP26 in Glasgow may judge kindly what shipping has been able to achieve since the 2015 Paris Agreement. Mounting pressure on governments to accelerate decarbonisation action means the sector should be ready too for stricter demands in the fallout
With the global voluntary carbon market set to grow exponentially in the coming years, what role will it have on shipping’s pursuit of net-zero emissions?
The majority of the global fleet is, however, going to have to take action to comply with incoming regulations, with engine power limitations looking likely to be the most widely used tool
Ammonia is gaining traction as one of the most viable zero-carbon fuels for international shipping. Even so, the transition appears insurmountable: the technology is unproven, fuel availability is uncertain, and trillions of dollars need to be invested just to get to the commercial starting line
Freight rate slide prompted by a dip in the forward market could just be a temporary blip in an otherwise strong setting. Iron ore will be more supportive in the coming quarter with higher volumes expected
Nigeria told the IMO a state’s exclusive economic zones enjoyed the same status as the high seas when it came to suppressing piracy, comments likely to be welcomed by countries thinking of sending warships to help fight piracy in the Gulf of Guinea
The crewing crisis never went away, the industry just worked around the problems, but with India now engulfed with a new coronavirus strain, Myanmar seafarers locked out due to sanctions at home and existing logjams getting worse, there is a very real possibility that shipping has a global crew shortage coming in the post. Joining the podcast this week to discuss the current crew changeover constraints and looming disaster scenarios is the International Chamber of Shipping secretary general, Guy Platten
Lloyd’s List is teaming up with its sister publication Insurance Day this week for our first joint edition of the Podcast looking at the insurance implications and scenarios in the wake of the Ever Given casualty in the Suez Canal. Jonathan Humm, who leads the marine hull team at Aegis London, and Stephen Hawke, managing director of PL Ferrari, the P&I specialist broker, join the discussions this week as we examine the marine insurance fallout from shipping biggest traffic jam
Governments and industry are jostling for position this week in the run up to a series of important decarbonisations meetings where shipping will be called to account, and likely a target. But amid the greenwashing and spin, companies are having to take real risks, incur some serious costs and make decisions based on few certainties. Joining the podcast this week is Stena chief executive Erik Hånell who talks us through the reality of what it takes to make a green stand and plan a pathway to 2050 without knowing enough about the detail of how to get there
In a special edition of the Lloyd’s List Podcast we discuss the legacy that legendary shipowner John Angelicoussis leaves the maritime industry. Our Greece correspondent Nigel Lowry and Citi chairman of Global Shipping, Logistics and Offshore Michael Parker discuss what made him so significant, and what his death means both for the business he leaves behind and the wider industry
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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