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

UsernamePublicRestriction
UsernamePublicRestriction

Daily Briefing October 14 2020

Free to read: InterManager seeks to clarify virus measures after infections | Downgraded UK shipping firms face stricter checks to access government relief | Maersk cuts 2,000 jobs and raises full-year guidance

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


Intermanager, the trade association for the shipmanagement industry, is proposing a tweak to quarantine measures to avoid further cases of coronavirus infections on board vessels.

Maritime companies seeking access to a UK government scheme offering emergency business loans face stricter checks if their credit rating has fallen below investment grade since March.

Maersk, the world’s biggest container company, raised its full-year guidance because of better than expected volumes and freight rates, but will cut 2,000 jobs as part of its restructuring.


Analysis


Pavilion Energy is mooting an incremental approach to decarbonisation, which it expects to back up the viability of liquefied natural gas as a greener ship fuel.

From the News Desk: The pandemic has exposed uneven adoption, security concerns and other obstacles on shipping’s road to digitalisation.


Markets


China is reported to have imposed restrictions on imports of Australian coal, leaving the dry bulk market concerned about the potential impact on freight rates for the larger bulkers that ply the route.


In other news


South Korea’s Daewoo Shipbuilding & Marine Engineering has won contracts to build six new liquefied natural gas carriers.

Four ferry companies have received UK government contracts to ensure freight capacity after the country leaves the European Union.

Cosco Shipping Ports has agreed to acquire a 26% stake in Guangxi Beibu Gulf Terminal, the operator of a important container handling facility in southern China, according to an exchange filing.

US ports showed increased throughput of containerised imports and exports during August, underscored by recent government trade figures and an improving global economic outlook.

Swire Group shipping unit the China Navigation Company has launched Swire Projects to expand its project cargo business.

Maritime UK patron Princess Anne has paid tribute to the resilience of Britain’s maritime industries.

Topics

UsernamePublicRestriction

Register

OM011995

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

Cancel