Beijing’s new tariffs on $75bn of goods imported from the US will increase tensions

This week: The United Kingdom government warns the shipping industry and those around it that they must be ready in the event of a WTO-terms Brexit, Iran appears to be thawing to the idea of releasing the oil tanker it impounded after the release of the Iranian tanker seized by British Royal Marines and container lines try to clamp down on misdeclared cargoes

Container giant will not follow in competitors’ steps on environmental concerns

Singapore’s financial and support infrastructure for the bunkering industry is relatively more developed than its competitors’ but subtle shifts in trade patterns or arbitrage trading opportunities could change things

After 40 years in the container shipping industry, including top management roles with carriers and a data provider, the recently retired chief executive of Container Trades Statistics knows the business inside out and is sceptical about the growth prospects of emerging economies. Instead, he is convinced that Europe and the US will remain the two big import markets that will continue to underpin the global box trades

DP World also said its recent acquisitions are performing in line with expectations, with Unifeeder continuing to benefit from structural changes in the market

Beijing’s new tariffs on $75bn of goods imported from the US will increase tensions

This week: The United Kingdom government warns the shipping industry and those around it that they must be ready in the event of a WTO-terms Brexit, Iran appears to be thawing to the idea of releasing the oil tanker it impounded after the release of the Iranian tanker seized by British Royal Marines and container lines try to clamp down on misdeclared cargoes

‘These figures serve to evidence that ports are playing a vital role in facilitating the British economy’s Brexit preparations’ — the BPA’s Phoebe Warneford-Thomson

The brokerage’s research team says that vessels taken offline for scrubber installations should reduce fleet growth by 1% on average through this year

The assets disposed of include Ouhua’s shipbuilding facilities on Xiaoqian Island in Zhoushan and eight vessels under construction

Chairman Ren Yuanlin’s possible return to the helm is hugely important for Yangzijiang, which is pinning its hopes on a big turnaround in the second half to hit its full-year new order target. The return of the business maestro would inspire confidence that it is heading in the right direction

Beijing’s new tariffs on $75bn of goods imported from the US will increase tensions

This week: The United Kingdom government warns the shipping industry and those around it that they must be ready in the event of a WTO-terms Brexit, Iran appears to be thawing to the idea of releasing the oil tanker it impounded after the release of the Iranian tanker seized by British Royal Marines and container lines try to clamp down on misdeclared cargoes

Singapore’s financial and support infrastructure for the bunkering industry is relatively more developed than its competitors’ but subtle shifts in trade patterns or arbitrage trading opportunities could change things

Shipping insurers put on alert after Lloyd’s List Intelligence data reveals suspicious patterns of behaviour by vessels in relation to trading with Iran in breach of US sanctions

The acquisition of the vessels, one a newbuilding and the other a 2007-built, 38,000 cu m fully refrigerated vessel, marks StealthGas’ entry into new vessel segments

Stena Impero, owned by Swedish company Stena Bulk, was captured by the Iranian Revolutionary Guard Corps on July 19

Beijing’s new tariffs on $75bn of goods imported from the US will increase tensions

Shipowners can start hedging their bunker bets against a new futures contract that will be priced against a weighted average of actual bunker trades as guided by pricing agency, Argus Media 

The acquisition of the vessels, one a newbuilding and the other a 2007-built, 38,000 cu m fully refrigerated vessel, marks StealthGas’ entry into new vessel segments

Middle East LPG exports in the second quarter came up to 8m tonnes, up by 200,000 tonnes compared to the first quarter of 2019

The Oslo-listed tanker owner believes the necessary criteria are in place in the backdrop to enhance the VLCC recovery in the markets

In the first half of the year, earnings before interest, taxes, depreciation and amortisation rose 83% to $141m from $77m

LISW comes seven weeks before the UK leaves the European Union. How will that affect the country’s maritime sector? Where will the industry see gains and losses? How can shipping benefit from Brexit?

‘In London, we will discontinue underwriting from November 1. The underwriting will all be done out of the Italian office,’ says Andrea Cupido

Some specialist insurers have announced that insured vessels will automatically still be covered, at no additional premium, until policy renewal, with the new limit applying if it exceeds current policy limits

Broker reports double-digit rate increases for marine cargo, ports and terminals and logistics classes

Marine mutual attributes development to new methodology at ratings agency and stresses its strong capital position and balance sheet

Nick Shaw got the job as chief executive of the International Group after only the second employment interview of his life. Now that he taken over from the renowned Andrew Bardot, he tells Lloyd’s List what he plans to do in the role