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Daily Briefing December 13 2019

Free to read: IMO responds to EU emissions push | Ventspils port calls risk breaching US sanctions | National Bank of Greece set to complete sale of bad ship loans | 10 influential women in shipping

Daily Briefing

Latest Articles

 

 



Lloyd's List Events

The 5 lifetime achievers 2019

As part of our annual Lloyd's List Top 100 most influential people in shipping series, we recognise individuals for their outstanding contribution to the industry

Awards night sees Greek shipping alive with the possibilities of the new

Surprising number of awards this won by relatively new companies, albeit driven by well-experienced teams

Lloyd's List Europe Awards 2019 winners revealed

We reveal the rundown of shipping companies and individuals who walked away with gongs from this year’s Lloyd’s List Europe Awards

Time to collaborate or risk obsolescence

Celebrating excellence in shipping has value, but to capture this potential, and not simply fall victim to the emerging changes being thrust upon us from external dynamics, the shipping industry needs to upgrade its foundations, argues Lloyd’s List Editor Richard Meade

Analysis and Comment

The 10 influential women in shipping 2019

Before unveiling those who made it into the full Lloyd’s List Top 100 most influential people in shipping ranking, we highlight 10 influential women in shipping who have embodied the IMO’s theme of empowering women in the maritime community

IMO 2020 will benefit US oil producers and refiners, White House official forecasts

US refineries which have downstream units that upgrade residual oils into more valuable and lower-sulphur products are well positioned to supply the global marine-fuel market with low-sulphur bunker fuel

Viewpoint: The salvors’ lifeblood

The International Salvage Union is reshaping itself to offer up risk foresight for those in the shipping industry as well as its traditional role of picking up the pieces

The 5 lifetime achievers 2019

As part of our annual Lloyd's List Top 100 most influential people in shipping series, we recognise individuals for their outstanding contribution to the industry

Time to collaborate or risk obsolescence

Celebrating excellence in shipping has value, but to capture this potential, and not simply fall victim to the emerging changes being thrust upon us from external dynamics, the shipping industry needs to upgrade its foundations, argues Lloyd’s List Editor Richard Meade

Top 10 in ship finance 2019

As part of our 2019 Top 100 most influential people in shipping series, we look at the prominent rivals in ship finance, where Chinese lenders remain the top players in the league

See All

 

 


 

The Interview: Hugo De Stoop

Mr De Stoop leads one of the largest crude oil tanker companies in the world. Over the past couple of years, Euronav has positioned itself as an environmentally conscious company that wants to help the wider industry combat its emissions. Mr De Stoop talks to Lloyd's List about what the future has in store and what the company learned in preparing for the global sulphur cap

Big Interview Euronav People

The Lloyd’s List Podcast: The View from Athens

How do the Greek shipowners feel this year has gone and what’s keeping them up at night when they look to 2020? The podcast lands in Athens this week for the annual sequined festival of camp showbiz excess and shipping excellence that is the Greek Shipping Awards. Joining Lloyd’s List editor Richard Meade to dissect for the fortunes of shipping’s most vibrant of markets are our two resident Greeks, Athens correspondent Nigel Lowry and London-based reporter Anastassios Adamopoulos

 


Tankers

IMO 2020 will benefit US oil producers and refiners, White House official forecasts

US refineries which have downstream units that upgrade residual oils into more valuable and lower-sulphur products are well positioned to supply the global marine-fuel market with low-sulphur bunker fuel

National Bank of Greece set to complete sale of bad ship loans

US private equity firm Cross Ocean Partners is acquiring ship loans that are in default for about half their original value in the hope that the investment will be recouped either through ship sales or from lenders improving their debt servicing performance

Byzantine Maritime group orders two LPG carriers with dual-fuel option

Hyundai Mipo-built vessels may be among the first with dual-fuel LPG-burning engines

Elba LNG readies first shipment and lends shine to US exports

LNG tanker Maran Gas Lindos is loading the first shipment at Elba Island

Read more
Sanctions

Ventspils port calls risk breaching US sanctions

The Latvian port is a key Baltic distribution point for middle distillates such as diesel and gasoil as well as other refined products shipped to northwest Europe and West Africa

US sanctions Iranian shipping firms for smuggling weapons to Yemen

'Today’s designations put the world on notice that those who engage in illicit transactions with these companies will risk exposure and sanctions themselves,' said Secretary of State Mike Pompeo

Lloyd’s List Gothenburg summit will map a volatile 2020

Programme will include geopolitics, sanctions implications, the impact on trade patterns of shifting political balance, energy realignment, technological advances and fleet and fuel developments

US sanctions six tankers linked to PDVSA

Washington has said that it recognises opposition leader Juan Guaido as Venezuela’s legitimate president. It is using sanctions to force Nicolás Maduro from office

See All

Special Reports

In focus: Greece & Cyprus

This special report combines reports on Greece and Cyprus at landmark moments for both shipping communities

Maritime Cities: Building the connected cluster

Maritime cities must adapt to a changing landscape to maintain their hub status

Lloyd’s List Containers: Big interviews & big data

The latest magazine contains a trio of big-name interviews, including Maersk CEO Søren Skou, plus more on box shipping’s digitalisation journey

Future Fuels

IMO 2020 will benefit US oil producers and refiners, White House official forecasts

US refineries which have downstream units that upgrade residual oils into more valuable and lower-sulphur products are well positioned to supply the global marine-fuel market with low-sulphur bunker fuel

European Commission unveils plan to regulate shipping emissions

The new European Commission president launches an official push to include the maritime sector in the Emissions Trading System

Chevron to exit Kitimat LNG project in British Columbia

Chevron's decision concerning Kitimat LNG came as the firm said it was cutting the value of a number of properties, notably its US shale holdings in Appalachia, by a combined $10bn to $11bn

Chile’s electrofuel push to unleash over $90bn investments

EDF-backed study estimated adopting green hydrogen and ammonia as ship fuels can generate, respectively, up to $80bn and $95bn in Chile’s clean energy infrastructure investments

See All

 

Audio

The Shipping Podcast

Podcast Company News

The Lloyd’s List Podcast: The View from Athens

How do the Greek shipowners feel this year has gone and what’s keeping them up at night when they look to 2020? The podcast lands in Athens this week for the annual sequined festival of camp showbiz excess and shipping excellence that is the Greek Shipping Awards. Joining Lloyd’s List editor Richard Meade to dissect the fortunes of shipping’s most vibrant of markets are our two resident Greeks, Athens correspondent Nigel Lowry and London-based reporter Anastassios Adamopoulos

The Lloyd’s List Podcast: The outlook for 2020 and beyond

This week, we’re crunching the numbers and offering up a market forecast with Lloyd’s List Intelligence’s analytical oracle Christopher Pålsson and our own Editor and regular Podcast host Richard Meade. The pair talk through everything from growth trends to regulatory risk in their consideration of the dynamic trends that will be shaping shipping markets in 2020

Cichen Shen, Vincent Wee and Richard Clayton
The Lloyd’s List Podcast: The view from Hong Kong and Dubai

The Lloyd’s List team have continued their world tour this week hosting events in the Middle East and Asia. In this week’s audio dispatch our chief correspondent Richard Clayton offers up his view from Dubai, where he has been talking smart ports, while our China editor Cichen Shen and Asia news editor Vincent Wee give us the insider’s view from Hong Kong maritime week, and more importantly the Lloyd’s List’s eagerly anticipated Innovation Forum

Podcast 15 Nov 2019
The Lloyd's List Podcast: Have mandatory speed limits hit a road block?

The campaign for mandatory speed limits for shipping suffered a blow during technical talks at IMO this week. For some that is crucial mistake and a missed opportunity. For others it is an effective strategy to reduce emissions. In this week's podcast we get the view from both sides: Danish Shipping director Maria Skipper Schwenn and Transport & Environment shipping analyst Faig Abbasov explain what the future is for decarbonisation

Webinars

The Intelligence

Future Fuels

The search for shipping’s green tipping point

The Intelligence HP Stream Company News

Fuel change likely to generate insurance claims, say clubs

The wrong kind of bunkers can do serious damage to hull and machinery, thereby leading to insurance claims

Container shipping goes big on transition fuel

Emission control regulations have forced container lines to consider LNG as an alternative to scrubbers and low-sulphur fuel, with several carriers mulling conversions and newbuildings

The search for shipping’s green tipping point

Shipping is going to require clean, cheap energy to completely transition to zero-emission fuel options — and much depends on how quickly the cost of renewables can outpace carbon in the global economy

Newbuilding hiatus could be just the ticket

Whereas before size, durability and trade suitability would pre-empt the sign-off for newbuildings, adding fuel choice to the mix has brought a new layer of complexity for those responsible for vessel procurement

 

 

 

Lloyd's List Containers

Top container lines

Box carriers move into a new decade with a fresh set of challenges

 

Containers magazine HP stream Company News

ONE vessel, K Line series
ONE to offer slots on Nyshex

ONE will start posting offers on the exchange this month for transpacific eastbound trade

Greek Awards 2019 winners
Awards night sees Greek shipping alive with the possibilities of the new

Surprising number of awards this won by relatively new companies, albeit driven by well-experienced teams

fitting scrubbers
Boxship owners in race for scrubber retrofits

Costs rise for scrubber retrofits as the increasing spread between low-sulphur and high-sulphur fuel looks set to reduce payback time

Has shipping taken its eye off the ball on safety?

Despite environmental issues taking precedence, steps are being taken to address some of the safety-related issues afflicting the shipping industry

 

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