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Daily Briefing November 21 2018

Weak fundamentals cloud tanker market | Hong Kong forum hears upbeat assessment for 2019 | BIMCO sees fragile dry bulk recovery stalling | From the newsdesk — five things to watch this week

Daily Briefing

Latest Articles

Hong Kong forum hears upbeat assessment for 2019
Noble Group in Singapore probe
Weak fundamentals cloud tanker market
Eagle Bulk exercises options for 15 scrubber installations
Fragile dry bulk recovery said to be stalling
How can Hong Kong see off maritime challengers?
BIMCO chief warns of looming impact of China-US trade war
From the Newsdesk — five things to look out for this week
Aegean Marine gets bid from Mercuria Energy
Kerry Logistics launches China-Pakistan intermodal service
Cosco Shipping Specialised Carriers strikes $300m newbuilding deal
Golden Ocean reports profit as it declares scrubber options
MISC suffers from weak conditions in LNG market
Sinotrans Shipping confirms $434m buyout offer to shareholders
Hong Kong must face challenges and embrace opportunities
Dry bulk weakness sets in
Hong Kong urged not to rest on its maritime laurels
Union pushes for increase in seafarer minimum wage
Between the Lines: Third-quarter results show promise
Brexit is shipping industry’s ‘next big challenge’, says minister
Ultrabulk explores wind power for vessel
Costamare buys stake in five large boxships
Strong demand drives up Transatlantic utilisation
Alliances support box line competition
May’s Brexit deal may not be pretty, but it just about works for shipping

The Lloyd’s List Podcast: Paddy Rodgers on why the solution to pollution is not dilution    

Joining Lloyd’s List Editor Richard Meade on this week’s Lloyd’s List Podcast is the outspoken Euronav chief executive Paddy Rodgers. Paddy has been quite vocal of late, even by his standards, on the subject of scrubbers. He refutes the economic logic of scrubbers and decries lack of sufficient scientific data in their support. However, he accepts that if his assessment is incorrect Euronav would use the abatement technology in the future.

 

 



 

Lloyd’s List Global Shipping Awards: Congratulations to the finalists

Winners of this year’s Lloyd’s List Global Shipping Awards will be revealed on December 11 at the Hilton in London

Awards

Opinions

 

 

 

 

 

 

 

 

The global sulphur cap is about attitude, not technology

We should not be surprised that Denmark fully supports IMO 2020, so choosing to hold the IBIA convention in Copenhagen was the safe option

 

 

 

 

 

 

 

 

New kids on the blockchain

The announcement that a new coalition has been formed to promote blockchain is good news in some respects. But a fractious and fragmented market needs a common trading standard if it is to gain critical mass

 

 

 

 

 

 

 

 

Keeping abreast of maritime training standards

Think of any technological advance, and you will travel down the same rocky road in which appropriate regulation and specific training will be prefaced by wrecked machinery, ships and reputations. Maybe we ought to be doing something different 



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Audio

The Shipping Podcast

The Lloyd’s List Podcast: Paddy Rodgers on why the solution to pollution is not dilution

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

The Lloyd’s List Podcast: From hot air to cool gas

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

Lloyd's List The Shipping Podcast Tankers and Gas Fuels

The Lloyd’s List Podcast: Why Brussels should end the current competition rules for carriers

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

Lloyd's List The Shipping Podcast

Webinars

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

Webinar: The future of ship management

However, the past decade has probably seen the greatest challenges, and the next decade will test ship managers more than ever.
Webinars Ship Management Digitalisation

 

 

Hot Topics

Making complex issues simple

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

 

Fuels

Hot topic Fuels Company News

GoodBulk vessel with logo on prow
Hong Kong forum hears upbeat assessment for 2019

Speakers believe the worst is over and they are looking forward to the year ahead

Aegean bunker barge bulker
Aegean Marine gets bid from Mercuria Energy

The stalking horse agreement, filed with the U.S. bankruptcy court for the southern district of New York, means that any other bids for Aegean must exceed the offer made by Mercuria

Ultrabulk explores wind power for vessel

Danish dry bulk owner partners with Smart Green Shipping Alliance and others for a $128,576 feasibility study on retrofitting ship with wind technology

Euronav CEO Paddy Rodgers
Euronav’s Rodgers fears up to $400m of sunken costs with scrubbers

The industry’s most outspoken scrubber critic warns the technology has unknown environmental impact and could impede decarbonisation 

 

Sanctions

Hot Topic one stream Company News

Azadi Tower in Tehran, Iran (milosk50/Shutterstock.com)
Legal Focus: Insured’s claim not Trumped by reinstatement of Iranian sanctions
In the week the wind-down period to prepare for the reimposition of US sanctions against Iran ended, the UK Commercial Court hands down a significant judgment
Borna_Mirahmadian/Shutterstock.com
Validus exits Iran business
AIG subsidiary to crease writing vessels, war, cargo and liability as well as reinsurance contracts related to Iran

Turkey’s President Tayyip Erdogan
Turkey says sanctions on Iran are ‘unbalancing the world’

Issues ‘will be put on the table’ at a summit in Paris on November 9 which President Donald Trump is expected to attend

US warns maritime industry against supporting Iran
The US objective is to starve the Iranian regime of the revenue it allegedly uses to fund violent and destabilizing activities around the globe

 

Cyber

Market Commentary

Seafarers are still waiting to get cyber security training
Viewpoint: Building resilience
Defending shipping against cyber crime

The Intelligence

Cyber risk:

Time to exit sleep mode

The Intelligence HP Stream Company News

2020 sulphur cap enters final stretch

The next few months could prove to be the most consequential for the sulphur cap’s implementation

Mark Milford, vice-president of cyber security at Wärtsilä
Learn from the past, then adapt to the future

The International Maritime Cyber Centre of Excellence in Singapore is envisaged to be a cyber service solution for the shipping industry

Needed: Innovation for cyber risk cover

Lack of claims data makes pricing difficult, while marine insurers debate the pros and cons of institute cyber attack exclusion clause 380

Maritime wakes up to cyber security threat

A study published by the GMF, Marsh and IUMI concluded cyber attacks and data theft remain as maritime’s Achilles’ heel

 

 

Lloyd's List Containers

Summer forecast: 

Calm seas or doldrums?

 

Containers magazine HP stream Company News

Hong Kong flag boxship
How can Hong Kong see off maritime challengers?

Hong Kong has slipped in the ranking of Asia Pacific maritime hubs and faces fierce competition from local and regional rivals. Nevertheless, the SAR could do more to raise its profile

Trade wars concept image
BIMCO chief warns of looming impact of China-US trade war

Outlook for 2019 container volumes turns negative as indicators point towards a slowdown in the new year

Theresa May
From the Newsdesk — five things to look out for this week

Lloyd’s List Editor Richard Meade offers the inside track on the stories shaping shipping

Kerry Logistics launches China-Pakistan intermodal service

Kerry Logistics’ new multimodal freight solution between Lanzhou and Islamabad is set to become a regular service in 2019

 

 

Events

Business Briefings

Hong Kong Business Briefing

November 19th, 2018

Join us at Hong Kong and other events to learn about our industry leading business intelligence solutions and how we can help you solve your business challenges, and achieve your goals in a fast changing market

Further details

London Business Briefing

December 11th, 2018

Join us at London and other events to learn about our industry leading business intelligence solutions and how we can help you solve your business challenges, and achieve your goals in a fast changing market

Further details

Awards

Lloyd's List South Asia, Middle East & Africa Awards

27 November 2018, Palazzo Versace Hotel, Dubai

Entries for the 2018 Lloyd's List South Asia, Middle East and Africa Awards are now open! View the categories available and enter.

Enter

Lloyd’s List Greek Shipping Awards

7 December 2018, Athenaeum InterContinental, Athens

The Greek Shipping Awards return for 15th anniversary, to recognise many different types of achievement across the maritime industry.

Futher details

Lloyd's List Global Awards

Save the date: 11 December 2018

For the 21st year, the most influential awards in the maritime industry honour the best in shipping over the past year.

Futher details
More from Lloyd's List Awards

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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