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Daily Briefing May 4 2021

Free to read: Singapore extends crew change prohibitions to South Asian countries | Biden’s recovery plan in first 100 days will benefit shipping | Eastern Pacific Shipping bags Rio Tinto dual fuel bulker charter

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





What to watch


Singapore has blocked crew changes for seafarers with recent travel history to Bangladesh, Nepal, Pakistan and Sri Lanka following an increase in coronavirus infections.


Analysis


President Joe Biden has had some decidedly positive effects on the global maritime industry during his first 100 days in office, but if shipping is to prosper fully his administration has plenty of work left to do.


Opinion


The Lloyd’s List Podcast: How will the Suez blockage impact marine insurance?





Markets


Idan Ofer’s Singapore-based Eastern Pacific Shipping says it has entered into an agreement with Rio Tinto for three liquefied natural gas dual-fuelled newcastlemax vessels, with an option for another three.

Castor Maritime has continued its buying spree with the addition of six tankers within a week.


In other news


Thirteen people have tested positive for coronavirus on a bulk carrier at Newfoundland, Canada. One man is in hospital and the other crew remain on board the Marshall Islands-flagged Federal Montreal.

A fast-growing bunkering player has defied the World Bank’s call to halt investment in liquefied natural gas as a marine fuel, unveiling a tender for the construction of the fifth vessel to supply marine LNG in Europe’s busiest maritime waters.

Exmar, the Belgian gas shipping specialist, has received compensation from trading house Gunvor for the early termination served on a floating regasification and storage barge.

Japanese shipping lines are building marine capabilities to service large offshore wind farms lined up off the coastline of their home country.

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