Daily Briefing January 25 2021
Free to read: No hiding place for flags that don’t pull their weight | LNG trade needs greater liquidity to counter volatility | The Lloyd’s List Podcast: What are the shipping market tipping points for 2021?
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
The International Chamber of Shipping’s annual performance assessment of open and national registers alike is an invaluable contribution to a century-old debate.
One leading liquefied natural gas price benchmark used to hedge cargo and freight positions, has faced renewed heat regarding its efficacy as a reference for pricing term supply deals.
Analysis
The Biden administration has wasted no time in putting the global shipping industry on notice in navigating towards a zero-emissions future.
The week in charts: Freight derivative trading at 12-year high and tanker scrapping rebound.
Opinion
The Lloyd’s List Podcast: BIMCO’s chief shipping analyst Peter Sand takes us on a run through of the key tipping points that will shape the shipping markets in 2021. With Lloyd’s List editor Richard Meade, he casts an eye across box market buoyancy, tanker troubles and the bulk market’s optimistic expectations for the year that inevitably all hinge on China.
Markets
Container shipping freight rates on the east-west majors remain sky-high with slot space on services still at a premium.
In other news
Orient Overseas International Ltd, now part of state conglomerate China Cosco Shipping Corp, is raising HK$923.7m ($119.2m) via a share offering.
V.Group has strengthened its leadership team with the appointment of Bjoern Sprotte as head of shipmanagement.
A green hydrogen production project in Hamburg that could be used by ships is being proposed by a group of leading multinationals
Vale, Brazil’s largest miner, said it does not expect any impact to shipping volumes from Ponta da Madeira following a fire on a shiploader.