The accumulation of disruption and supply chain shocks are transforming global trade as governments and businesses look to exchange efficiency for security
As safety is assured through the maritime corridor agreement and the pace quickens on inspections, allowing more than 600,000 tonnes of grains to leave the war-torn country, Ukraine is looking to expand the range of the deal to include Mykolayiv port, as well as to include steels
One Hundred Ports: Congestion chaos overshadows volume recovery | Turkish owners lead way in lifting Ukrainian grain | Transpacific rates slide further as carriers compete to offer lower prices | Sartini joins MSC in second high-profile external hire
The development of container port throughput figures from the early 1970s through to today charts the rise and success of containerisation. From the early transatlantic traders to East Asia’s manufacturing boom, and from the industry’s ‘golden age’ to China’s rise to prominence, it is a story 60-plus years in the making
Nicolas Sartini, a long-serving CMA CGM stalwart who left to run Yilport, has joined MSC. He is replaced at the Yildirim-owned terminal operator by another former CMA CGM executive
Are you suffering with anxiety over the legal risk associated with carbon compliance, the EU ETS and generally how to navigate the oncoming train of regulatory hurdles for shipping? Fear not – the Lloyd’s List Podcast is on the case with a dose of free expertise to treat all that ails you this week. Listen twice a day and come back to see us in a week for your next check-up
Half-Year Outlook 2022
The war in Ukraine, China lockdowns, supply-chain disruptions, and the risk of so-called ‘stagflation’ mean recession for many countries will be hard to avoid. The consequences are not yet playing out in the shipping sectors reviewed in this outlook report, but even in containers where rates remain high and cash is still flowing, executives are already planning for the post-pandemic party hangover.
Click here to view the full report
As part of our Future of Shipping programme industry leaders and sector experts map the path to a sustainable and profitable future.
‘The shipping industry itself has set itself a pretty mealy-mouthed target of 5% by 2030. I think that 15% is a respectable target. By 2030 we shouldn’t have any engines which are not dual-fuel capable so that by 2040, we’ve got a shipping industry which can go carbon neutral.’
‘We are at an inflection point. First mover activities are going to inform and inspire the rest of the industry. They need to be enabled and supported, meaning that individual governments need to engage in this process and make sure that we have regulation in place that supports it in the interim until we get global regulation in place.’
‘We need to get closer to our customers and co-operate on making this industry more efficient. Because there’s so much waste. The moment you put a value on carbon and decreasing the carbon footprint, I think that people have a tendency to be more friendly, open to discuss and see how they can co-operate together.’
‘There are some tough decisions to be made, but I think the reality is the old business models that we had are not going to survive this and I think that a lot of companies will have to figure out how they actually deal with this. So, I really want to see that happening between us and our clients and I believe that that will mean a dramatic change of the contractual relationship that exists between the two of us.’
The Shipping Podcast
The skills landscape is changing. Traditional ways of bringing seafarers into the office, while good in keeping in touch with the sea, will not meet the needs of a digitally-enabled, purpose-driven business
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