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Daily Briefing March 24 2021

Free to read: Green lobby frustrated at black carbon delays | Shipping being considered for UK emissions trading scheme, minister confirms | Rebound possible after sharp drop in LNG rates

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   |   Opinion   |   Markets   |   In other news




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What to watch


The International Maritime Organization is facing calls to force ships to switch to distillate fuels to cut emissions of black carbon in the Arctic, after new figures showed emissions of the “super pollutant” have soared.

Shipping may be included in the UK government’s planned post-Brexit emissions trading system, a senior minister has indicated.

Spot charter rates for ocean-going liquefied natural gas carriers may have bottomed out after posting the sharpest decline in years.


Analysis


Once considered too small to survive, Israel-based container line Zim has demonstrated that size isn’t everything.

The change in Nordic winters is putting increasing strain on Baltic Sea icebreakers and their crews, according to marine insurance expert Tommy Brune.


Opinion


Jim Davis, the charismatic chairman of the shipping think-tank International Maritime Industries Forum who has died, aged 92, was one of the giants of the modern industry, an iconic figure who brought together a diverse cross section of industry leadership and became a crusader for common sense in shipping.


Markets


Evergreen has unveiled a plan to build 20 15,000 teu containerships worth up to $2.6bn.


In other news


Dry bulk shipments from Australia’s east coast have been hampered by the heavy rainfall that has hit the region, but port operations are continuing, according to the port of Newcastle.

Hapag-Lloyd has announced debt restructuring plans through the issuance of a €300m ($356.5m) sustainability-linked senior note as part of its green financing activities.

Globus Maritime, a Nasdaq-listed dry bulk carrier owner, has agreed to acquire its second kamsarmax bulker since pulling in $30m from a share offering.

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