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Daily Briefing March 19 2019

Cosco’s ‘strategic’ ship plan faces commercial challenges | Sulphur cap could spur transhipment and slow steaming | Transpacific rate misery marches on | Caribbean aframax market suffers from lack of Venezuelan cargoes

Daily Briefing

Latest Articles

New blow to minor bulk owners as canola feud boils over
ExxonMobil set to supply compliant fuel from the third quarter
Straits Inter Logistics in bunker unit stake sale to fund fleet acquisition
California ports see steep drop-off in throughput as front-loading recedes
Port of Corpus Christi to vote on leasing land for new terminal
US sanctions Russian shipyards
UK may face ferry deal compensation bill over any Brexit delay
Globus Maritime feels ‘downward pressure’
Spain backs Mediterranean emissions control area
Stena Bulk to install scrubbers on 16 tankers
Navig8 in sale and leaseback deals with ICBC
Dr Peters says it is continuing to offer shipping investments
Fuel and technology dominate box shipping conversation
Vale ordered to close another mine in Brazil
Cosco’s 25,000 teu ship plan faces commercial challenges
US customs preparing for changing trade environment
Indian Register signs 33-ship emergency response deal with SCI
TEN charters out two LNG ships
Sulphur cap could spur transhipment and slow steaming
Shell-led joint venture mulls doubling LNG Canada export capacity
Transpacific rate misery marches on
Caribbean aframax market suffers from lack of Venezuelan cargoes
ICTSI upgrades PNG terminal
Sovcomflot positive on tanker market outlook
Baltimore beats Philadelphia for promising new exports of Brazilian wood pulp

The Lloyd’s List Podcast: Looking beyond Brexit with the new head of the UK’s MCA

Brian Johnson, the Maritime & Coastguard Agency’s new chief executive, has taken over one of the toughest regulatory jobs in shipping just as the UK is teetering on the edge of Brexit, the UK flag is wilting under the political pressure and the fearsome pace of regulatory and technological change is disrupting established norms. Speaking to Lloyd’s List Editor Richard Meade on his inaugural podcast appearance, Mr Johnson sets out his stall and discusses the challenges that lie ahead

Opinion

 

 

 

 

 

 

 

 

Viewpoint: Facing green consequences

The perfect storm of environmental red tape engulfing the shipping industry looks likely to prove the maxim that the road to hell is paved with good intentions

 

 

 

 

 

 

 

 

Significance of leadership

Better leadership would help to cultivate the triumvirate of improvements in safety, environmental performance and the arrival of new technology

 

 

 

 

 

 

 

 

Impact of Korean shipbuilding merger

The marriage between South Korea’s two largest shipbuilders might not be able to push up the newbuilding price for liquefied natural gas carriers by much



 



 

 

 

Hot Topics

Making complex issues simple

Focusing on what matters to the market, understanding the forces that are shaping the industry

 

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Fuels

Hot topic Fuels Company News

Spain backs Mediterranean emissions control area

Spain favours an emissions control area in the Mediterranean but warns against a unilateral move by the European Union

Stena Bulk to install scrubbers on 16 tankers

Stena Bulk has secured the payback time on its 16 scrubber installations by hedging the spread in fuel prices

Fuel and technology dominate box shipping conversation

Box carriers and their customers face tough negotiations this year about who will foot the bill for the IMO 2020 red tape

Polluted sky
Sulphur cap could spur transhipment and slow steaming

The extent of either practice will hinge on how successful carriers are in recouping fuel costs from shippers, according to Drewry

 

Sanctions

Hot Topic one stream Company News

Venezuela president Nicolas Maduro
Caribbean aframax market suffers from lack of Venezuelan cargoes

India could be willing to cut all imports of Venezuelan crude to satisfy US sanctions in return for further waivers on importing Iranian crude

PDVSA’s woes deepen

A legal source says PDVSA’s fleet is now in danger of being arrested beyond Venezuelan waters due to unpaid fees to various service providers

BSM mulls ending Venezuela shipmanagement

Bernhard Schulte Shipmanagement says after almost 25 years running ships under the ownership of numerous Venezuelan governments ‘we have now reached a point where managing assets has become an almost impossible task’

Sanctions on Venezuela start to bite

Shipowners are less exposed to sanctions if they are not dealing with PDVSA directly, but there can be operational and legal risks

 

Cyber

Market Commentary

Ports sector failing to take cyber security seriously
Viewpoint: Future imperfect
Safety at sea is still a risk for shipping industry

 

Audio

The Shipping Podcast

Podcast Company News

The Lloyd’s List Podcast: Looking beyond Brexit with the new head of the UK’s MCA

Listen to the latest edition of Lloyd’s List’s weekly podcast — your weekly briefing on the stories shaping shipping in the week ahead

The Lloyd’s List Podcast: Consolidation, costs and how to capitalise on shipping’s talent

Listen to the latest edition of Lloyd’s List’s weekly podcast — your weekly briefing on the stories shaping shipping in the week ahead

The Lloyd’s List Podcast: Our outlook from the US

Listen to the latest edition of Lloyd’s List’s weekly podcast — your weekly briefing on the stories shaping shipping in the week ahead. The first episode in this trio, which covers Euope, can be listened to here. The second episode, which covers Asia, can be listened to here

The Lloyd’s List Podcast: Our outlook from Asia

Listen to the latest edition of Lloyd’s List’s weekly podcast — your weekly briefing on the stories shaping shipping in the week ahead. The first episode in this trio, which covers Euope, can be listened to here. The third episode, covering the US, can be listened to here.

 

Webinars

Lloyd's List Container Sector Outlook 2019 webinar

Webinars Containers BIMCO

Webinar: Future fuels

The Future fuels webinar, discover the 'big unknows' around the sulphur cap and how to avoid future fuel risk.

Listen on demand.

Fuels Webinars

The Intelligence

DOWN BUT NOT OUT:

Why New York is still the key to shipping's capital conundrum

The Intelligence HP Stream Company News

The Interview: John C Hadjipateras
John Hadjipateras, the chief executive of New York-listed Dorian LPG and the Connecticut Maritime Association’s 2019 Commodore, talks about Scorpio’s orders, BW’s bid, LPG’s potential, and the power of the positive surprise
VLCC deck view
US Gulf-Asia VLCCs drive global tanker patterns
Some 89 tankers called in January 2019, more than double the 40 tankers that called back in the corresponding month three years ago, according to Lloyd’s List Intelligence data
Xi Jinping and Donald Trump
Trump’s tariffs create uncertainty in US west coast ports

The latest throughput figures on the US west coast show that the surge to beat tariffs may have peaked and will soon turn into a decline, especially if the current 10% tariffs are increased to 25%

New law tackles division of authority between US regulators

Recent consolidations in the industry do not amount to enough concentration to justify greater antitrust concerns, according to FMC acting chairman Michael Khouri

 

 

Lloyd's List Containers

2019

Troubled waters or calm seas? 

 

Containers magazine HP stream Company News

California ports see steep drop-off in throughput as front-loading recedes
“With an uneven trade flow, we will be closely evaluating next steps for enhancing supply chain efficiencies," said Gene Seroka, executive director of the Port of Los Angeles
Fuel and technology dominate box shipping conversation

Box carriers and their customers face tough negotiations this year about who will foot the bill for the IMO 2020 red tape

Cosco’s 25,000 teu ship plan faces commercial challenges

Fate of a 25,000 teu ship will largely depend on how much the long-haul trade can hold up and how successful the integration of the wider logistics chain can become

Savannah, Georgia
US customs preparing for changing trade environment

The six themes of the 21st Century Customs Framework initiative include ‘Emerging roles in the global supply chain’, ‘Intelligent enforcement' and 'Cutting-edge technology’

Back on track

Linton Nightingale

 

Strong growth returns to the upper echelons of the container port premier league, with China leading the way

Port data

Interactive

 

The figures behind the rankings. Compare and contrast different ports across multiple years

Interactive rankings

 

View the interactive grid setting out the risers and fallers across the one hundred ports

 

 



 

 

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