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Daily Briefing April 13 2021

Free to read: Prime minister leads tributes to Greece’s shipping ‘giant’ John Angelicoussis | Cause of Suez blockage likely due to variety of factors | Changing Lanes: Suez disruption far from over

Daily Briefing

Shipping has seven months to show decarbonisation progress

COP26 in Glasgow may judge kindly what shipping has been able to achieve since the 2015 Paris Agreement. Mounting pressure on governments to accelerate decarbonisation action means the sector should be ready too for stricter demands in the fallout

International Environment Political Risk and Trade

Latest Articles

Analysis and Comment

Cause of Suez blockage likely due to variety of factors

Disasters at sea usually feature multiple causes. The same appears to be the case for Ever Given, but experts think human factors and the size of the ship are unlikely to be major elements

Middle East and Africa Egypt

Changing Lanes: Suez disruption far from over

The shipping industry might be back to being ‘out of sight, out of mind’ but the domino effect of the Suez Canal blockage is only just beginning, with port congestion, new equipment shortages and delays in delivering goods to European consumers all seen as inevitable

Europe Middle East and Africa

The week in charts: Tanker scrapping flatters to deceive | Box data highlights pandemic pain | Suez stoppage shoots up freight rates

Tanker demolition numbers through the first quarter did little to raise hopes of reducing oversupply weighing on rates, while the latest official container volume data lays bare the initial impact of coronavirus on the industry

Containers Tankers and Gas

The LL view: End the scandal of seafarer abandonment, now and forever

Without rigidly enforced penalties for owners who evade best practice, those at the sharp end will continue to suffer

International Middle East and Africa

The Lloyd’s List Podcast: Why decarbonisation requires more than aspirational soundbites

The transition to zero-carbon shipping is riddled with uncertainties, most outside of the control of shipping companies and the industry itself, so why do so many shipping executives seem so certain about timelines and fuel strategy? ‘This is not a challenge where success is measured by the best soundbite or the best aspirational goal or date you set yourself,’ counters Bud Darr, MSC’s executive vice-president of maritime policy and government affairs in this week’s podcast.

Lloyd's List The Shipping Podcast Environment

Box growth data lays bare impact of pandemic

Latest container volume figures show a 16% jump in February, when factories across China remained closed to contain the spread of coronavirus. The volumes were far from typical in a traditionally slow month, as Asian factories remained open and carriers blanked fewer sailings to cope with strong demand

Containers Containers Data Hub

The Lloyd’s List Podcast: Shipping’s super-sized safety secret

For several years there have been warnings that the ballooning size of boxships has been outpacing the industry’s ability to deal with the growing risk of such large assets. This week, we ask whether the Suez crisis might just be the wake-up call that shipping needs to reassess its readiness when it comes to dealing with super-sized casualties. Joining the podcast is global head of marine risk consulting at Allianz, Capt Rahul Khanna

Middle East and Africa Lloyd's List The Shipping Podcast Evergreen

 

Special Report: Decarbonisation

Lloyd’s List special reports take a deep dive into the issues that matter. With in-depth reporting from our team of experts from across the globe offering an insight into the opportunities and threats driving the industry agenda. Subscribers can access and download the latest report by clicking here.

Shipping has seven months to show decarbonisation progress

COP26 in Glasgow may judge kindly what shipping has been able to achieve since the 2015 Paris Agreement. Mounting pressure on governments to accelerate decarbonisation action means the sector should be ready too for stricter demands in the fallout

Waiting on the carbon offset boom

With the global voluntary carbon market set to grow exponentially in the coming years, what role will it have on shipping’s pursuit of net-zero emissions?

New efficiency measures will not radically change shipping

The majority of the global fleet is, however, going to have to take action to comply with incoming regulations, with engine power limitations looking likely to be the most widely used tool

Ammonia: The trillion-dollar question

Ammonia is gaining traction as one of the most viable zero-carbon fuels for international shipping. Even so, the transition appears insurmountable: the technology is unproven, fuel availability is uncertain, and trillions of dollars need to be invested just to get to the commercial starting line

 

 

 

 

The Lloyd's List Podcast

  

 

Special Reports


Audio

The Shipping Podcast

Bud Darr, executive vice-president, maritime policy and government affairs, at MSC Group
The Lloyd’s List Podcast: Why decarbonisation requires more than aspirational soundbites

The transition to zero-carbon shipping is riddled with uncertainties, most outside of the control of shipping companies and the industry itself, so why do so many shipping executives seem so certain about timelines and fuel strategy? ‘This is not a challenge where success is measured by the best soundbite or the best aspirational goal or date you set yourself,’ counters Bud Darr, MSC’s executive vice-president of maritime policy and government affairs in this week’s podcast.

Ever Given
The Lloyd’s List Podcast: Shipping’s super-sized safety secret

For several years there have been warnings that the ballooning size of boxships has been outpacing the industry’s ability to deal with the growing risk of such large assets. This week, we ask whether the Suez crisis might just be the wake-up call that shipping needs to reassess its readiness when it comes to dealing with super-sized casualties. Joining the podcast is global head of marine risk consulting at Allianz, Capt Rahul Khanna

From left: Simon Bennett, Katharine Palmer and Mark Lutes
The Lloyd’s List Podcast: Why sustainable shipping is about more than just carbon reduction

Sustainability is about more than carbon reduction, but we are currently evaluating the shift to new fuels on the basis of price, availability and technical feasibility. The ability to provide transportation infrastructure and services that are safe, socially inclusive, accessible, reliable, affordable, fuel-efficient, environmentally friendly, low-carbon and resilient to shocks and disruptions including those caused by climate change and natural disasters — that’s a much bigger conversation. Are we as an industry genuinely looking for real reductions in greenhouse gas emissions or is this simply a question of tick box accounting? This week’s podcast looks for a more holistic discussion on shipping’s sustainability challenge with an international panel of experts from Lloyd’s Register, China Navigation and WWF.

Karen Purnell
The Lloyd’s List Podcast: Oil spills and container losses

ITOPF managing director Dr Karen Purnell joins the Lloyd’s List Sustainability Editor Anastassios Adamopoulos to explain why oil spills from tankers have declined so much and what impact all those containers that are lost at sea could really have

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