Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By


Daily Briefing November 20 2020

Free to read: Governments split on market-based measures for emissions | German owners back new IMO line on greenhouse gases | Armed guards ‘not the answer’ to piracy threat

Good morning. Here’s our quick view of everything you need to know today.

The Lloyd’s List Daily Briefing is brought to you by the Lloyd’s List News Desk.

What to watch   |   Analysis   |   Markets   |   In other news

Print this briefing

What to watch

Governments meeting at the International Maritime Organization this week were divided on beginning politically tense negotiations on market-based measures, setting the scene for the next major regulatory battleground for greenhouse gas emissions from shipping.

The European Commission has welcomed the approval of a new global greenhouse gas emissions-cutting measure but has reiterated plans to include shipping in its carbon market regime.

The German Shipowners’ Association has hailed carbon dioxide emissions reduction proposals adopted by the International Maritime Organization’s Marine Environment Protection Committee as a major step forward for the industry.


Shipowners considering turning to armed guards to protect vessels in the Gulf of Guinea have been warned that more firepower is not the answer.

US-listed dry bulk owners are feeling positive about future prospects for the sector.


Golden Ocean, John Fredriksen’s dry bulk outfit, expects a strengthening market in 2021 and beyond, although near-term pressures may remain due to additional lockdowns in countries seeing a rise in coronavirus cases.

US west coast ports have all reported increased containerised throughput for the month of October, with Los Angeles and Long Beach seeing the highest monthly volumes in their history.

In other news

London-based freight forwarding and supply chain finance company Beacon has opened an office in Hong Kong, hoping to support a growing customer base and expand its global footprint.

Classification society Rina has become the latest maritime company to be hit by a cyber attack, which it describes as having been blocked, according to its website.

DP World’s terminals at Southampton and London Gateway plan to return to ‘business as usual’ this month after ‘unprecedented’ inbound container traffic in recent months that has led to longer vessel dwell times and slower processing of inbound containers.





Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts