Norwegian billionaire John Fredriksen has given the clearest signal yet about the future direction of his shipping empire, as Dubai-based GP Global hits out at the ‘sharks’ circling the company’s assets as it continues to restructure

The Lloyd’s List Awards, which will showcase how the industry has adapted and advanced in the face of the pandemic, is the opportunity to tell your company’s story of 2020 to a global shipping audience

The number of vessels being hired for floating storage could be about to jump again following reports of some significant charters by oil traders, as prices for crude hit a three-month low. Meanwhile, box lines continue to profit from renewed transpacific demand with freight rates reaching new historic highs

Crude oil exports from Venezuela have plummeted since the imposition of new US sanctions guidance and new Lloyd’s List Intelligence data shows Greek shipowners have drastically reduced their exposure to the country since four tankers were briefly blacklisted in June

Imports at leading US ports suggest consumer demand for goods is bouncing back, although export numbers still lag behind year-ago figures. Meanwhile, Lloyd’s List Intelligence predicts significant crude tanker fleet growth over next few years

More shipping companies have committed to accelerate their plans towards a carbon-neutral future, while vessels calling at ports in South Korea and the US have two years to adapt to new emissions control rules