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Daily Briefing September 18 2019

Free to read: ECSA sets out the European shipping agenda | Why maritime subsidies don’t work | 2020 tanker upside could be wiped out | Why FONAR is not a get out of jail free card | All the latest from IUMI

Daily Briefing

Latest Articles


 

The Lloyd’s List Podcast: LISW Day 5 – Our key takeaways from the week

The Lloyd’s List team have squeezed into their finest formal attire, popped a cork and gathered round the microphone to give you a prosecco-fuelled reflection on the blur that was London International Shipping Week. From zero carbon politics and 2050 targets to training and of course Brexit - we’re not short of an opinion or five on the biggest issues of the day. Consider this the digestif after the full fiver course tasting menu we’ve been serving you up all week in audio form.

Special Reports

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

The Entrepreneurs

Why shipping needs to get better at matching good ideas with smart money

Stable showing

Linton Nightingale

 

Robust volume growth across China, backed by other strong regional performances, beefed up global throughput figures in 2018. However, it wasn’t all plain sailing for the elite box facilities

Port data

Interactive

 

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

Port rankings

Interactive

 

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

 

 



 

 

Analysis and Comment

 

 

Indonesia’s nickel ore export ban to hit supramaxes

The recent ban could mean the market will lose 2m tonnes a month of supramax cargo

Indonesia Dry Bulk Ultra and supras

 

Analysis & Comment

 

 

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

Oil tanker deck view
Tanker boost from IMO 2020 undone by fleet growth, says BIMCO

Many new deliveries and a low number of demolitions add to crude fleet growth, which BIMCO expects will reach 5.3% this year, the highest since 2017

Bunkering_ONE_generic
FONAR: The expensive tool shipowners should avoid

‘If you are not prepared in advance, and using a FONAR without evidence, you will find yourself in a very bad situation,’ says BIMCO’s regulation expert Christian Bækmark Schiolborg

MPCC charters out two more scrubber-fitted feeders

The feedership owner announced charters for six scrubber-fitted ships in 2018

 

Singapore bunker prices spike over Saudi supply jitters

Brent prices moving up again on Tuesday has stoked expectations of advances in bunker prices for the second day in a row this week

 

Sanctions

Hot Topic one stream Company News

Tanker markets await word about time for repairs to Abqaiq

Additional storage facilities in Egypt, Rotterdam and Okinawa may ease a short-term supply gap, but are not geared for any long-term shortfalls — certainly not the 5m barrels per day lost during the time that it will take to repair Abqaiq

A worker refuels a car at a gas station in Jiddah, Saudi Arabia, Monday
Between Abqaiq and a hard place

While immediate attention is being paid to oil price rises, the eventual timing of a restoration of Saudi Arabia’s production and the intervening rejig of global energy supply routes will inevitably influence multiple key factors for shipping over the coming weeks

Stena Impero to be released by Iran ‘in days’

Iran claims the British-flagged tanker and 16 seafarers still held will be released once legal proceeding are completed

VLCC deck view
Cut in Saudi output to hit tanker rates, but prospects may brighten

If the Saudis can reduce the fall in output to 2m barrels per day, additional long-haul crude flows from the US and West Africa should then be able to support tonne-mile demand and shore up rates,says Shenwan Hongyuan Securities analyst Yan Hai

 

Cyber

Market Commentary

Maersk cyber attack sparked genesis of Digital Container Shipping Association
Maritime industry must open up about cyber crime
Viewpoint: Enter the maritime micromanager

 

Audio

The Shipping Podcast

Podcast Company News

From the News Desk: 2050 is the new 2020 — an overview of London International Shipping Week

London International Shipping Week was dominated by discussions about the acceleration in the climate change agenda and how the shipping industry must deal with the ever-increasing spotlight on sanctions

The Lloyd’s List Podcast: LISW Day 5 – Our key takeaways from the week

The Lloyd’s List team have squeezed into their finest formal attire, popped a cork and gathered round the microphone to give you a prosecco-fuelled reflection on the blur that was London International Shipping Week. From zero carbon politics and 2050 targets to training and of course Brexit — we’re not short of an opinion or five on the biggest issues of the day. Consider this the digestif after the full fiver course tasting menu we’ve been serving you up all week in audio form.

LISW Podcast No. 4
The Lloyd’s List Podcast: LISW Day 4 — How to change the shipping industry

As we near the final mile of the London International Shipping Week marathon, we join two of the race leaders to reflect on the major themes of the week’s debate, including: political backing for shipping, financing the fourth industrial revolution and the benefit of robust debate, along with a little hirsute finance leadership. Joining Lloyd’s List Editor Richard Meade from the LISW conference today are Harry Theochari, global head of transport at law firm Norton Rose Fulbright and chair of Maritime UK, and Michael Parker, chairman of Citi’s shipping and logistics business.

Podcast at LISW Day 3
The Lloyd’s List Podcast: LISW Day 3 — The cost of zero-carbon shipping

How do we fund zero-carbon shipping and accelerate it beyond the current IMO targets? Double freight rates and use the IMO seems to be the message from today’s panel. Joining us on today’s edition from around London International Shipping Week we have a stellar panel of experts: businessman, academic and former chairman of the UK Financial Services Authority, Lord Adair Turner; Director of the Environmental Defense Fund (and former podcast guest) Baroness Bryony Worthington; and Grimaldi Group managing director Emanuele Grimaldi

The Intelligence

Maritime Cities

Building the connected cluster

The Intelligence HP Stream Company News

Tokyo: Japan’s mega city punches below its weight

Surveys of Tokyo’s relative status among its peers suggest it ranks lower than it should on a world scale 

London: Legacy of maritime expertise

Britannia no longer rules the waves, but London's world-beating cluster of white-collar shipping services leaves the UK capital with fair claim to be one of the world's major maritime centres

Hamburg: Bowed but not broken

With an enviable talent pool, Hamburg is diversifying to ensure it keeps its role as Germany’s premier shipping centre

P&I clubs warned over vessels bypassing sanctions on Iran

Shipping insurers put on alert after Lloyd’s List Intelligence data reveals suspicious patterns of behaviour by vessels in relation to trading with Iran in breach of US sanctions

 

 

 

Lloyd's List Containers

Søren Skou: Transforming Maersk

 

 

Containers magazine HP stream Company News

OOIL appoints Wang as chief executive

Wang was elevated to the top management as a vice-president of Cosco Shipping in February, and became the vice-chairman of Shanghai-and Hong Kong-listed Cosco Shipping Holdings, parent of OOIL

Business Handshake
Avoiding the pitfalls of digitalisation

Customer service should not be overlooked in the rush to digitalise and can come back to haunt if sufficient attention is not given to it

Martin Dorsman Ecsa secretary-general 2017 and ex Dutch Shipowners Association
New European Commission must enable decarbonisation, but sustain shipping’s competitiveness

Ecsa’s Martin Dorsman expects an even ‘greener’ commission and hopes for policies to enable the use of alternative fuels

MPC Capital and Zeaborn combine boxship chartering outfits

Two German owners announce merger of Harper Petersen and Contship to create a platform commercially managing a fleet of more than 160 vessels

 

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