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IMO data for 2019 shows that the bigger ships in the global fleet emitted more than 600m tonnes of CO2. Containers, bulkers and tankers made up the vast majority of both global emissions and voyages
Free to read: Iran tanker oil spill in Israeli waters ‘deliberate’ | Israel faces compensation cap on ‘terrorist’ oil spill | Shipping faces ‘sustained tempo’ of threat in Middle East
Large shipping and logistics companies all place digital transformation at the top of their agenda, but their progress has been too slow
Data analytics lies at the heart of the sector’s future growth. The survey shows that a significant number of tanker companies are keen to find out more. Good progress can already be achieved at reasonable cost
Few doubt digital technology will change the industry, but there are more pragmatic questions now being asked by company boards looking at shipping’s woeful track record in yielding a return on invested capital. The latest Lloyd’s List live event gathers industry leaders to discuss a more hard-headed approach to the digital revolution
Help Lebanon surmount immediate crisis, establish the facts, then seek redress through the Civil Liability Convention. Most of all, prefer remedy through international law to more precipitate means
IMO data for 2019 shows that the bigger ships in the global fleet emitted more than 600m tonnes of CO2. Containers, bulkers and tankers made up the vast majority of both global emissions and voyages
A downtrodden tanker market could come under renewed pressure once US sanctions on Iran’s oil and shipping sector are lifted, while China container exports are on track to bounce back to pre-pandemic levels to ensure it holds on to to its ‘factory of the world’ crown
The pandemic has shown the weakness of box shipping’s laissez-faire relationship with contracts. Now both carriers and shippers can see the benefits of mutually assured commitments
Spot rate resilience over the Chinese New Year indicates that factors propping up prices have still to be alleviated. Cargo backlogs, port congestion, equipment shortages and sustained high volumes mean shippers are still being charged premiums on the trunk trades
As part of our continuing quest to assess the options for shipping’s carbon-free future we’re looking at the case for ammonia this week. Joining our sustainability editor Anastassios Adamopoulos to discuss why NH3 should be at the heart of any shipowner’s strategy is Milton Bevington and Stephen Crolius of Carbon Neutral Consulting
Global trade efficiency relies on it, shipping’s decarbonisation transition demands it and both financial and security regulators are monitoring it — the maritime sector’s future is focused on issues of transparency at every level
The key to unlocking the maritime transparency treasure chest is access to comprehensive data. What do you do if parts of the data key are removed or locked away?
The drive towards transparency of emissions data from shipowners is a journey that still has a long way to go before it becomes a reality. The Sea Cargo Charter is a start, but just 19 companies have signed up so far
Vintage tankers sold to cash buyers for scrap are reborn in sanctioned trades, shipping Iranian crude to China via a network of subterfuge tankers
Spot rate resilience over the Chinese New Year indicates that factors propping up prices have still to be alleviated. Cargo backlogs, port congestion, equipment shortages and sustained high volumes mean shippers are still being charged premiums on the trunk trades
The company says it will likely achieve the highest time charter equivalent rates in more than nine years in the first quarter given the rising market, particularly for supramaxes in which it specialises
As part of our continuing quest to assess the options for shipping’s carbon-free future we’re looking at the case for ammonia this week. Joining our sustainability editor Anastassios Adamopoulos to discuss why NH3 should be at the heart of any shipowner’s strategy is Milton Bevington and Stephen Crolius of Carbon Neutral Consulting
Ahead of the P&I renewals deadline we have been speaking to both sides of the annual battle. Clubs are seeking sharp increases in prices, while shipowners are trying their best not to end up paying more, sending their insurance brokers into bat to keep those rate hikes down. So who’s winning? This week we talk to: David Mahoney of Aon, Stephen Hawke of Ferrari, Gard’s chief underwriting officer Bjornar Andresen and Skuld’s executive vice-president Gregory Thomas.
The potential of Africa’s booming demographics are clear, but shipping has focused more on the risk than the rewards in recent years. That could be about to change with the US is increasingly looking like it wants to pivot to Africa and significant developments across several countries warranting a more optimistic looking at the near-term growth opportunities for maritime trade. Podcast regular Mark Williams, managing director of Shipping Strategy joins Lloyd’s List Editor Richard Meade this week to discuss the opportunities.
Despite significant efforts by international organisations, unions, companies and some governments to sort the crewing crisis, we are now starting to see the situation getting worse as governments bring in more travel bans in response to the new strains of coronavirus. On the podcast this week to discuss the implications is Graham Westgarth, chairman of V.Group, who warns that the crewing crisis yet to emerge will be when seafarers decide not to return to work
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
Video Analytics can be used to detect or even predict unsafe situations, spot unintentional operator errors, or avoid accidents by analysing historical events
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