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Markets

Containers

Set Alert for Lloyd's List Containers :: Containers

Latest From Containers

Early preparation essential for fuel conversion

Building containerships that can use today’s fuel and future fuels requires complex choices. Early planning can help reduce total lifetime cost

International Containers

First containership recycling sale of 2022 will not be the last

Regional Container Lines vessel previously seized by Indonesia for alleged palm oil smuggling has been sold for scrap

Containers Ship Recycling

Shipping has found a new normal, says DP World executive

DP World chief operating officer Tiemen Meester is optimistic that vertical logistics integration, greater efficiency and better relationships with clients are here to stay, but the market is not going to return to pre-Covid ‘normal’

International DP World

Deepsea box fledglings cut capacity following rate rot

New entrants seeking to capitalise on the lucrative container shipping boom of the past couple of years are beginning to cut back on service offerings in response to the lacklustre spot market

International Asia Pacific

Why liner operators won’t be begging for boxship charter rate reductions

Speculation that boxship charters will be renegotiated following recent declines in freight rates are unfounded and will be limited to minor players only

Containers Ship Management

Consortium increases bid to take Seaspan private

Conditions for containership owners are likely to deteriorate amid a downturn in the sector. Seaspan could better face the market under private ownership

North America United States

Dry Bulk

Set Alert for Lloyd's List Markets :: Dry Bulk

More communication needed on meeting CII standards

Dry bulk players agree that the system of Carbon Intensity Indicator standards is not perfect. There will be gaps in the way these standards are applied that mean lower-rated ships will not penalised, simply because of the nature of certain trade flows

Asia Pacific Dry Bulk

Lila Global planning 51% fleet expansion by 2025

‘Since we are a low debt company, we do not feel the pressure to tie the vessels to long-term charters,’ says chief operating officer

United Arab Emirates Dry Bulk

Shipping warned over slowdown in China

China’s return to infrastructure spending and stimulus packages to spur economic growth bodes well for shipping. However, a perceived long-term deceleration is worrying, a Marine Money forum hears

Asia Pacific Containers

Alternative financiers remain relevant in current environment

Braemar is in the process of closing a transaction with a loan-to-asset value of 100% of the vessel-purchase price

Asia Pacific Finance

Shipping on ‘pause’ amid market uncertainty

Defaults are not a fixture in the market yet, despite the rising interest rate backdrop

Asia Pacific Singapore

IMO holds key to shipping’s victory in green fuel competition

Shipping must push its green fuel demand curve forward. The IMO and its green shipping rules play a decisive role in making that possible, says Trafigura’s Rasmus Bach Nielsen

Europe Containers

Tankers & Gas

Set Alert for Lloyd's List Markets :: Tankers and Gas

Latest From Tankers and Gas

Tanker companies more worried about recession than ending war

Executives at tanker companies told a Marine Money forum that they were keeping a close eye on macro-economic conditions, highlighting high inflation and rising prospects of a recession

Asia Pacific Tankers and Gas

Lila Global planning 51% fleet expansion by 2025

‘Since we are a low debt company, we do not feel the pressure to tie the vessels to long-term charters,’ says chief operating officer

United Arab Emirates Dry Bulk

Oil spill fears if Russian tankers shun pilots for transit though Danish channel

Concern about Russian tanker traffic heightened as a five nautical-mile area in the Baltic Sea closes to navigation after suspicious leaks at two natural gas pipelines

Europe Denmark

Shipping warned over slowdown in China

China’s return to infrastructure spending and stimulus packages to spur economic growth bodes well for shipping. However, a perceived long-term deceleration is worrying, a Marine Money forum hears

Asia Pacific Containers

Alternative financiers remain relevant in current environment

Braemar is in the process of closing a transaction with a loan-to-asset value of 100% of the vessel-purchase price

Asia Pacific Finance

Shipping on ‘pause’ amid market uncertainty

Defaults are not a fixture in the market yet, despite the rising interest rate backdrop

Asia Pacific Singapore

Finance

Latest From Finance

Banks willing to share risks on new shipping technologies

In deciding who to lend to, banks look at companies’ track records and environmental, social and corporate governance strategy

Singapore Technology and Innovation

Banks are influenced by ESG profiles when making loan decisions

‘We will probably downgrade the ratings of the company and step away from financing’ it, if it is engaged in unsustainable practices, says head of maritime at a leading bank

International Sustainability

Attica Group hit by soaring fuel costs

Attica sees results ‘normalising’ to pre-lockdown levels, despite losses in the first half of the year 

Europe Greece

Consortium increases bid to take Seaspan private

Conditions for containership owners are likely to deteriorate amid a downturn in the sector. Seaspan could better face the market under private ownership

North America United States

Alternative financiers remain relevant in current environment

Braemar is in the process of closing a transaction with a loan-to-asset value of 100% of the vessel-purchase price

Asia Pacific Finance

Shipping on ‘pause’ amid market uncertainty

Defaults are not a fixture in the market yet, despite the rising interest rate backdrop

Asia Pacific Singapore

Insurance

Latest From Insurance

Poseidon Principles adds 30th signatory

KfW IPEX-Bank joins the coalition of financial institutions and marine insurers as chairs announce more ambitious emission targets and expect more announcements from the industry

International Sustainability

Daily Briefing September 23 2022

Zero-emissions shipping goals for 2030 ‘partially on track’ | Poseidon Principles endorse tougher shipping emission targets | Meeting obligations on ESG is good business

Daily Briefing International

Meeting obligations on ESG ‘is good business’

Shipowners must already produce the data needed for the Poseidon Principles of Marine Insurance for IMO purposes. But calculating a vessel’s carbon intensity and portfolio alignment can still be challenging

International Insurance

IUMI elects Frédéric Denèfle as president

Being president of the International Union of Marine Insurance gives the holder the ability to release all kinds of messages and statements, says new head of trade association

International Insurance

New cargo risks are loss-prevention headache for marine insurers

‘There is no efficient way to fight the fire. You can’t reach the cars, and it’s impossible to pump water to it most of the time,’ expert tells IUMI 

International Insurance

Ukraine crew evacuations were moral dilemma for owners

Marine insurers discuss Russian incursion as part of Chicago gathering, with some analysts now predicting defeat for invaders in matter of weeks

International Russian Federation
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