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Daily Briefing April 20 2021

Free to read: Rejecting LNG as a marine fuel ‘not yet feasible’ | Evergreen blocked from offloading cargo from Ever Given | Iran’s ‘rogue armada’ of sanctions-skirting tankers revealed

Daily Briefing

Shipping has seven months to show decarbonisation progress

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

International Environment Political Risk and Trade

Latest Articles

Analysis and Comment

Oil tanker demand ‘to contract by most in 11 years’

Quarterly forecast from Norwegian investment bank Cleaves Securities cites significant 2022 gains

International Tankers and Gas

Carriers set to benefit well into next year

Box shipping is benefiting from high demand and constrained supply. But even if consumer spending patterns revert to type, the sector can expect the new normal of higher rates to remain in place

International Containers

Rejecting LNG as a marine fuel ‘is not yet feasible’

Shipping cannot afford to wait for a perfect solution to address climate change issues and meet emission targets, says BHP chief commercial officer

International Tankers and Gas

World Bank calls on policy makers to cut support for LNG bunkering

A new report by the World Bank sees only a limited role for LNG as marine fuel as shipping achieves mid-century decarbonisation goals. Policy makers should curtail existing support and avoid new support for LNG bunkering, according to the bank

Environment Energy

US fails on Iran sanctions enforcement promise as China crude imports escalate

China projected to import more than 1m barrels per day of Iranian crude in April, the highest monthly volume since sanctions were fully re-imposed in mid-2019

Middle East and Africa Iran

The Lloyd's List Podcast: John Angelicoussis - the shipowner's shipowner

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

International Greece

The Lloyd’s List Podcast: Why decarbonisation requires more than aspirational soundbites

The transition to zero-carbon shipping is riddled with uncertainties, most outside of the control of shipping companies and the industry itself, so why do so many shipping executives seem so certain about timelines and fuel strategy? ‘This is not a challenge where success is measured by the best soundbite or the best aspirational goal or date you set yourself,’ counters Bud Darr, MSC’s executive vice-president of maritime policy and government affairs in this week’s podcast.

Lloyd's List The Shipping Podcast Environment Fuels

 

Special Report: Decarbonisation

Lloyd’s List special reports take a deep dive into the issues that matter. With in-depth reporting from our team of experts from across the globe offering an insight into the opportunities and threats driving the industry agenda. Subscribers can access and download the latest report by clicking here.

Shipping has seven months to show decarbonisation progress

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

Waiting on the carbon offset boom

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?

New efficiency measures will not radically change shipping

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: The trillion-dollar question

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

 

 

 

 

The Lloyd's List Podcast

  

 

Special Reports


Audio

The Shipping Podcast

John Angelicoussis
The Lloyd's List Podcast: John Angelicoussis - the shipowner's shipowner

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

Bud Darr, executive vice-president, maritime policy and government affairs, at MSC Group
The Lloyd’s List Podcast: Why decarbonisation requires more than aspirational soundbites

The transition to zero-carbon shipping is riddled with uncertainties, most outside of the control of shipping companies and the industry itself, so why do so many shipping executives seem so certain about timelines and fuel strategy? ‘This is not a challenge where success is measured by the best soundbite or the best aspirational goal or date you set yourself,’ counters Bud Darr, MSC’s executive vice-president of maritime policy and government affairs in this week’s podcast.

Ever Given
The Lloyd’s List Podcast: Shipping’s super-sized safety secret

For several years there have been warnings that the ballooning size of boxships has been outpacing the industry’s ability to deal with the growing risk of such large assets. This week, we ask whether the Suez crisis might just be the wake-up call that shipping needs to reassess its readiness when it comes to dealing with super-sized casualties. Joining the podcast is global head of marine risk consulting at Allianz, Capt Rahul Khanna

From left: Simon Bennett, Katharine Palmer and Mark Lutes
The Lloyd’s List Podcast: Why sustainable shipping is about more than just carbon reduction

Sustainability is about more than carbon reduction, but we are currently evaluating the shift to new fuels on the basis of price, availability and technical feasibility. The ability to provide transportation infrastructure and services that are safe, socially inclusive, accessible, reliable, affordable, fuel-efficient, environmentally friendly, low-carbon and resilient to shocks and disruptions including those caused by climate change and natural disasters — that’s a much bigger conversation. Are we as an industry genuinely looking for real reductions in greenhouse gas emissions or is this simply a question of tick box accounting? This week’s podcast looks for a more holistic discussion on shipping’s sustainability challenge with an international panel of experts from Lloyd’s Register, China Navigation and WWF.

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