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Daily Briefing 6 July, 2017

Who killed LOF?

Insurers have undermined the world’s most famous salvage contract but are they also pummelling the salvage industry to the brink of insolvency?

Europe Greece Casualty

Time to appreciate the risks taken in salvage operations

More transparency from all sides would be a welcome first step in determining what is needed to ensure the sector is restored to health
International Towage and Salvage Ship operations

Iran sets out bold port expansion plans

Following the lifting of sanctions, country aims to become a gateway to Middle East and Central Asia 

Containers Ports and Logistics Iran

Gulf crisis spills over into IMO

Qatar slams Gulf states on the international stage demanding end to alleged convention violations
Middle East and Africa Qatar IMO

EU looking to IMO to impress

Crucial European lawmakers in London split over IMO’s performance at MEPC 71
Regulation Political and Trade Environment

Concerns over decarbonisation costs persist at MEPC 71

Small island developing states and less developed countries will feel the greatest impact

IMO Environment Ports and Logistics

Chinese newbuilding prices go south again

Buyer appetite for fresh bulker tonnage has declined in the second quarter, say shipbrokers

Asia Pacific Dry Bulk Tankers and Gas

China and India policy changes add to dry bulk market uncertainty

New regulations in the coal market to reshape bulker demand 

China India Indonesia

Update to cyber guidelines raises deeper security questions

Petya ransomware attack a wake-up call for entire shipping industry 
Europe Denmark London

Piracy incidents fall to five-year low, IMB finds

Co-operation between Indonesia, Malaysia and Philippines lowers incidents around Philippines

Asia Pacific Indonesia Malaysia


Daily Briefing 6 July 2017






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