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Markets

Containers

Set Alert for Lloyd's List Containers :: Containers

Latest From Containers

US regulator increases surveillance of alliances

Carriers are coming under increasing scrutiny from regulators in Asia and the US. Now the Federal Maritime Commission is putting the major global alliances under stricter monitoring

North America United States

UK ports ‘coping’ with unprecedented demand

Frontloading ahead of Brexit and volatility in global supply chains have pushed up throughput volumes at UK container terminals. Ports say they are coping with demand, but are having to adapt to the situation

Europe United Kingdom

Carriers unlikely to repeat this year’s success in 2021

Even with the switch from services to goods, container volumes have remained down this year. The outlook for next year depends on further stimulus and the progress of the pandemic

International Containers

Newbuild orders look set to regain pace in 2021

The latest Lloyd’s List Intelligence Shipbuilding Outlook shows contracts for 2020 at historical lows, but prospects are much brighter for next year, amid hope that Covid-induced uncertainty will be lifted

International Lloyds List magazine

Weekly briefing: Stellar quarter for box lines; dry bulk owners optimistic

Maersk, CMA CGM and Zim all posted strong earnings in the third quarter to underline the exceptional year that leading container lines have had. Meanwhile, dry bulk operators are looking at an improved market outlook in 2021

Containers Dry Bulk

Surcharges and diversions as China frozen food checks cause Tianjin reefer congestion

Lines had imposed surcharges on reefer containers going into Shanghai and Tianjin in February when a shortage of truck drivers at the height of the coronavirus outbreak caused congestion issues. The current hold-up is due to more stringent checks on frozen food imports involving full testing and disinfection of them by the Chinese authorities

China Containers

Dry Bulk

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

Bulk carrier industry draws up new guidelines on ventilation

The guide is designed to provide a better understanding of how and when to ventilate given the different types of bulk commodities carried with each having different requirements. Proper ventilation is essential to preventing damage to cargo and to ensure crew safety

Dry Bulk Safety

Newbuild orders look set to regain pace in 2021

The latest Lloyd’s List Intelligence Shipbuilding Outlook shows contracts for 2020 at historical lows, but prospects are much brighter for next year, amid hope that Covid-induced uncertainty will be lifted

International Lloyds List magazine

Weekly briefing: Stellar quarter for box lines; dry bulk owners optimistic

Maersk, CMA CGM and Zim all posted strong earnings in the third quarter to underline the exceptional year that leading container lines have had. Meanwhile, dry bulk operators are looking at an improved market outlook in 2021

Containers Dry Bulk

BIMCO cautious on dry bulk market recovery in 2021

Geopolitical developments in particular around Chinese coal imports are putting the brakes on dry bulk demand, according to BIMCO. However, it remains to be seen at what level China will set new coal quotas and how the spat with Australia develops

Australia China

Safety report unveils connivance on dangerous practices

The industry has spent eight months complaining that its key workers should be repatriated swiftly. In reality, it has spent years ignoring protests that rest and work hours regulations are openly flouted

International Safety

Starved shipbuilders offered ray of light

Owners are returning to yards fuelled by improved freight market sentiment and low ship prices. However, shipyards must be vigilant about the repercussion of loss-making orders that could be amplified by continued weakening of the US dollar

International Shipbuilding

Tankers & Gas

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

Latest From Tankers and Gas

Greek-owned aframax damaged in blast off Saudi Arabia

An explosion believed to have been caused by a mine has punctured an Economou-owned crude oil tanker berthed at Al Shuqaiq, on Saudi Arabia’s Red Sea coast. Reports said no one was harmed

Middle East and Africa Saudi Arabia

Frontline tanker fleet earnings stay below break-even amid oil demand uncertainty

Most of the tankers in the fleet of New York-listed Frontline will be earning average rates below the company’s break-even levels for the last three months of the year, the company said

International Frontline

Newbuild orders look set to regain pace in 2021

The latest Lloyd’s List Intelligence Shipbuilding Outlook shows contracts for 2020 at historical lows, but prospects are much brighter for next year, amid hope that Covid-induced uncertainty will be lifted

International Lloyds List magazine

Maersk Product Tankers linked to $400m deal for 14 MR vessels

Sources says the deal covers 14 Maersk medium range product tankers built between 2016 and 2020 and will see each vessel sold to CDB Leasing for over $30m

Products Sale and Purchase

Weekly briefing: Stellar quarter for box lines; dry bulk owners optimistic

Maersk, CMA CGM and Zim all posted strong earnings in the third quarter to underline the exceptional year that leading container lines have had. Meanwhile, dry bulk operators are looking at an improved market outlook in 2021

Containers Dry Bulk

Greek Shipping Awards 2020: Watch online

For the first time since its launch in 2004, the drama of the Lloyd’s List Greek Shipping Awards will not play out in front of a packed house in Athens. Instead, this year we are proud to present the first-ever virtual edition of the awards, streamed to a global audience

Tankers and Gas Environment

Finance

Latest From Finance

Frontline tanker fleet earnings stay below break-even amid oil demand uncertainty

Most of the tankers in the fleet of New York-listed Frontline will be earning average rates below the company’s break-even levels for the last three months of the year, the company said

International Frontline

Noble Corp debt restructuring clears path to US bankruptcy exit

Texas offshore drilling contractor Noble Corp has cleared its way out of Chapter 11 after a court approved its restructuring plan, which reduces its debt from about $4bn to $450m

International Energy

Hong Kong Ship Finance & Law forum available to watch on demand

The Lloyd’s List Hong Kong Ship Finance & Law Forum gathered a panel of leading financial and legal experts to share their knowledge on the biggest issues impacting Hong Kong’s maritime sector. You can now watch the discussion again on demand

Finance Law

Hong Kong well positioned but dependent on external forces

There is not much Hong Kong can do to control its external environment and this will inevitably affect its fate as a small, open-trading economy. However, maritime industry leaders are optimistic the city can play to its strengths to prepare it for the future

Hong Kong China

Navios outlook improves on better third quarter

The company posted a third quarter of the year loss of $10.1m, compared with a loss of $39.1m for the same period a year ago

International Navios Group

TEN sees ‘positive turnaround’ in third quarter

TEN reported a net income of $1.4m for the third quarter of 2020 compared with last year’s $9.5m loss in the equivalent period

Europe Greece

Insurance

Latest From Insurance

London Club seeks double-digit rate hikes for P&I and FD&D

Move puts A Bilbrough-managed club at the upper end of rises so far announced for the 2020-21 policy year

International London

Marine insurance outlook in two words — more expensive

Given a spate of pool claims, reduced capacity at Lloyd’s and higher reinsurance costs, insureds will have to put their hands in their pockets next year

International Insurance

More P&I clubs weigh in with general increases

The majority of International Group clubs have now declared their hands and will be expecting higher premiums at the next renewal round

International Insurance

Swedish Club issues warning for 2021 hull and machinery pricing

‘Going forward, the club will therefore continue to focus on aligning premium levels, on a case by case basis, across all classes in order to secure a balance in the marine portfolio,’ says Scandinavian insurer

International Sweden

Cargo and marine hull face turning tide in hard market

The pandemic and subsequent economic crisis, as well as natural catastrophe losses, have added to the pressure on the market

International Insurance

UK Club announces 10% rate hike

‘Even those members operating without claims in recent years remain exposed to the unexpected large losses,’ International Group affiliate says in circular

International Insurance
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