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Daily Briefing August 14 2020

Free to read: Tankers de-flagged for using Iranian sanctions-busting tactic | Greek manager confirms vessel boarded by Iranian forces | Carriers quizzed by China over transpacific rate surge

Daily Briefing

Latest Articles

 

 



 


 


Analysis and Comment

The Lloyd’s List Podcast: The shipping story behind the Beirut explosion

In this week’s podcast, we reveal the full story of the Moldovan-flag bulk carrier, the Rhosus, which in 2013 arrived in Lebanon carrying 2,750 tonnes of ammonium nitrate. The story of a botched loading, crew abandonment that followed left a time bomb inside the heart of Beirut and the Rhosus rusting under the breakwater of the port. We explore what happened and ask whether the devastating explosion will be a wake-up call to the rest of the supply chain to take dangerous goods handling more seriously.

The week in charts: Port congestion maintains floating storage; transpacific rates surge

High levels of port congestion in China is keeping floating storage at an elevated level, carriers are being questioned by China’s transport ministry over the recent acceleration in transpacific rates, while St Kitts and Nevis has deflagged several sanctions-busting tankers

World boxship fleet update: Flattening the curve

Containerships on order now account for the lowest proportion of the existing fleet for decades and the lower growth rate could bring about supply-side stability

Carriers quizzed by China over transpacific rate surge

Shippers’ accusation of profiteering by carriers would only make sense if China was still a ‘planned economy’, said one executive

Boxships lead scrubber installations

Despite an increase in the number of scrubbers being installed on new ships, the vast majority of the world’s vessels have moved to low-sulphur fuel

Chinese port congestion accounts for 40% of crude floating storage

The pace and scale with which floating storage around the world can be unwound over the second half of 2020 will be key to determining the direction of tanker earnings

See All

Jailed former shipowner Nobu Su is determined to fight on

The Taiwanese former shipowner jailed in London over a long-running dispute about money owed in failed freight futures deals talks to Lloyd’s List about his time at Pentonville and how the experience changed his life

Law People

The Lloyd's List Magazine



Please note the Lloyd’s List magazine will only be published digitally until print distribution challenges associated to the coronavirus are resolved. Subscribers can access and download the latest edition by clicking here.

Changing lanes: Carriers’ regional strategies

While capacity has been withdrawn significantly on the major east-west trades, carriers have moved to up their offering on regional trades and most notably intra-Asia

Half-year outlook: Shipbuilding
Pandemic fallout delays vessel deliveries and limits new orders

The total number of ships delivered in 2020 is expected to increase compared with last year, but a high number of deliveries will be delayed to 2021 and cancellations are increasing

Half-year outlook: Tankers
Tankers facing wild ride as global depression looms

Opec cartel navigating geopolitical and economic icebergs as oil market rebalances over 2020’s second half

Half-year outlook: intro
With all hopes pinned on China, the new normal looks very familiar

The coronavirus pandemic has exposed shipping market weaknesses, yet resilience within each sector reveals an industry inching its way towards new solutions

 
 

 

 




The Lloyd's List Podcast


  


 



Special Reports

Half-year outlook 2020

Lloyd's List looks at what's in store for shipping in the second half of 2020

 

Industry collaboration

Like other sectors, shipping has come up against issues of global significance that can only be addressed through working together
 

Shipping in the post-coronavirus era

How will the industry adapt to the new normal
 

Audio

The Shipping Podcast

The Lloyd’s List Podcast: The shipping story behind the Beirut explosion

In this week’s podcast, we reveal the full story of the Moldovan-flag bulk carrier, the Rhosus, which in 2013 arrived in Lebanon carrying 2,750 tonnes of ammonium nitrate. The story of a botched loading, crew abandonment that followed left a time bomb inside the heart of Beirut and the Rhosus rusting under the breakwater of the port. We explore what happened and ask whether the devastating explosion will be a wake-up call to the rest of the supply chain to take dangerous goods handling more seriously.

The Lloyd’s List Podcast: Nobu Su on money, law and prison

The Lloyd’s List Podcast is back after a summer break and this week we are talking exclusively to Nobu Su, the former billionaire shipowner jailed in London over a long-running dispute about money owed in failed freight futures deals. He tells Markets Editor Michelle Wiese Bockmann about how the experience changed his life and why he is still determined to reveal the truth in order to clear his name

The Lloyd’s List Podcast: Shining a light on digital disruption

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

The Lloyd's List Podcast: Crewing crisis reaches boiling point

Governments have this week pledged to speed up efforts to get hundreds of thousands of stranded merchant sailors home, but this comes after months of similar rhetoric and limited action. So can we expect things to change? International Maritime Organization secretary-general Kitack Lim — our guest on this week’s podcast — says yes. We are, he argues, in a wartime situation with the pandemic. Government responses have required time to heat up, but they are have now reached boiling point and the recent pledges are more than just promises

Webinars

Asia Outlook: Lloyd’s List analysts predict a turbulent recovery

Lloyd’s List ‘Ask the Analysts’ webinar is available on demand, featuring access to our Lloyd’s List Intelligence macro outlook data presentation

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