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Daily Briefing May 28 2021

Free to read: DNB warns of high investment risk of ordering ships | BIMCO’s new president pledges to raise shipping’s voice | Call for seafarer mental health database

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




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What to watch


Older tonnage offers a better financial return than investment in newer ships today as environmental requirements are introduced into the industry, according to new research presented by DNB.

Sabrina Chao, the new president of BIMCO, has pledged that the task of making shipping’s voice better heard by the outside world will be at the top of her agenda over the next two years.

The shipping industry is being asked to help set up an anonymous seafarer mental health database to help crew welfare through the pandemic.


Analysis


A computer security specialist has explained the ease with which criminals can take control of ships

The master and crew of a tanker that diverted course to rescue the occupants of a sinking migrant boat in the Mediterranean have received an award from Danish Shipping in recognition of their outstanding seamanship.

Weekly Briefing: Dry bulk heating up | Container fires concern box market | Time to call the bottom of tankers?


Markets


Southeast Asia is set to become the fastest-growing region for liquefied natural gas imports over the coming decade.

Maersk hopes that by adding a degree of flexibility to its contracted volumes it can increase the adoption of mutually binding commitments between shipper and carrier.

Frontline is the latest tanker owner signalling better times ahead as it reports first-quarter results.


In other news


Project44, a freight visibility specialist, is to acquire supply chain predictive analysis developer ClearMetal to further optimise freight supply chains.

Three drill platforms were grounded and port operations remain largely suspended due to the impact of Cyclone Yaas, which forced the shutdown of large swathes of shipping activity in the Bay of Bengal.

The US said it planned to make more than 250,000 acres in federal waters off the coast of California available for wind development, opening up the Pacific Coast to its first-ever commercial-scale offshore clean energy.

Samskip, the north European shipping and intermodal specialist, has responded to growing demand for its recently launched weekly container service between Dublin and Amsterdam by introducing a larger, faster ship and adding a call at Port of Waterford.

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