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Daily Briefing January 28 2021

Free to read: Tankers doldrums underscored as tonne-mile demand shrinks 6.4% | New Maritime UK chair looks to shake up public perception | Hyundai Heavy eyes $900m IPO to build green ships

Daily Briefing

The Lloyd’s List Podcast: What are the shipping market tipping points for 2021?

With the help of BIMCO’s chief shipping analyst Peter Sand we’re taking a quick run through the key tipping points that will shape the shipping markets in 2021 on the podcast this week. Peter and Lloyd’s List editor Richard Meade cast their eyes across box market buoyancy, tanker troubles and the bulk market’s optimistic expectations for the year that inevitably all hinge on China. The next 12 months of shipping markets — all in under 25 minutes!

Lloyd's List The Shipping Podcast Dry Bulk Containers

The week in charts: Freight derivative trading at 12-year high and tanker scrapping rebound

The appetite for tanker and dry bulk forward freight agreements has risen significantly off the back of geopolitical uncertainty and the pandemic, while scrapping prices for tankers are tipped to rebound

Containers Dry Bulk Tankers and Gas

Latest Articles



 


 


Analysis and Comment

Ships at anchor upset clean air plans at Southern California ports

While ships at berth are subject to the ports’ emissions controls, those at anchor are not – they come under the jurisdiction of the California Air Resources Board and it currently has no controls in place

US States Containers

Tankers doldrums underscored as tonne-mile demand shrinks

Of the 48.4m bpd of global seaborne oil trade last year, 18m bpd was tracked from the Middle East Gulf on 6,724 tankers, representing 928 fewer voyages than 2019

Tankers and Gas Fuels

HMM chief says newbuildings were key to recovery plan

HMM’s chief executive took over a company that lacked credibility with investors and the industry. A fleet of newbuildings and the pandemic-driven rise in demand has helped to turn it around

Asia Pacific South Korea

Will Biden era herald a wind of change for offshore farms?

While the US market potential is huge, it may take several more years to fully take off as challenges such as port infrastructure and the Jones Act remain

Offshore Energy

‘Asbestos-free’ certification does not guarantee safe ships

Shipowners risk bans from EU ports, even when genuinely unaware of issues, lawyers warn

International EU

Seafarers: On the radar, but not top of the list in virus battle

Frederik Kristensen, a specialist in epidemic preparedness, has set out the scale of the pandemic problem and says seafarers might not be regarded as critical workers in the larger picture

International Crewing

West Africa becoming higher risk for shipping

Reports of suspicious approaches increased in 2020 as crew worries grow of criminal threats in the Gulf of Guinea and the Middle East Gulf. Reported threats are not always real, but the figures reflect seafarers’ growing safety fears

Middle East and Africa Piracy and Security Political Risk and Trade


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.

2021: Europe’s year for shipping’s regulations

The International Maritime Organization will likely finalise its short-term GHG emissions measure in 2021; but it is the European Commission that will step forward with a market-based measure proposal that could alter maritime regulations as we know them

Low fleet growth lifts dry bulk spirits

Dry bulk markets should be entering a period of higher rates, given a downcycle that spanned four years from 2016; but uncertainty about the pace of the recovery post-pandemic is still causing some concern

Shipping just got a taster of the disruption yet to come

Shipping’s resilience has been tested this year, but a low orderbook does not save a market and the immediate future is riddled with uncertainty. Mid-term, the business models that survived this year may not be set up for a future requiring financial flexibility, transparency, a smarter approach to digital integration and of course sufficient foresight to survive the decarbonisation transition

Can a bipolar tanker market find equilibrium in 2021?

The old shipping adage that cargo is king applies more than ever for 2021. A rising east-west divide, post-Trump geopolitical policies, and post-pandemic consumer behaviour are recasting tanker market dynamics over the next 12 months

 

 

 


 




The Lloyd's List Podcast


  


 



Special Reports


Audio

The Shipping Podcast

Peter Sand of BIMCO
The Lloyd’s List Podcast: What are the shipping market tipping points for 2021?

With the help of BIMCO’s chief shipping analyst Peter Sand we’re taking a quick run through the key tipping points that will shape the shipping markets in 2021 on the podcast this week. Peter and Lloyd’s List editor Richard Meade cast their eyes across box market buoyancy, tanker troubles and the bulk market’s optimistic expectations for the year that inevitably all hinge on China. The next 12 months of shipping markets — all in under 25 minutes!

David Hammond
The Lloyd’s List Podcast: Why shipping still needs to focus on human rights at sea

David Hammond, the founder and chief executive of Human Rights at Sea, explains why the crewing crisis has helped highlight wider abuses in the maritime sector and why we can’t let that attention fade along with coronavirus once the vaccination programme kicks in

Emissions and money
The Lloyd’s List Podcast: Containers cashing in and carbon clarity

On the podcast this week we examine whether shippers’ complaints that box lines are profiteering hold any water. We then turn to the results of the Lloyd’s List Decarbonisation Survey that we conducted late last year in search of some much-needed clarity regarding carbon reduction

Jonathan Chappell
The Lloyd’s List Podcast: Will tankers recover before 2022?

A low orderbook never saved a market — you need demand to recover. Oil needs to return to pre-pandemic levels before you can recalibrate the supply demand of the fleet and think about a more sustainable upturn, so says veteran equity analyst Jonathan Chappell. He talks tankers turbulence with Lloyd’s List Editor Richard Meade this week, and sets out his forecast to 2022

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