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Markets

Containers

Set Alert for Lloyd's List Containers :: Containers

Latest From Containers

Supply chain issues threaten US manufacturing recovery

Durable goods manufacturing is finally back to pre-pandemic levels. But continued growth is competing for space with stimulus-driven retail demand

North America United States

Carriers reroute capacity to more profitable services

Congestion has led to capacity shortages on the main east-west trade lanes. Carriers are now pulling vessels from less profitable trades to service the demand

International Ship operations

Transnet lifts force majeure after cyber attack disruption

A full return to normal operations is expected by August 16, according to a ship agent

Containers Ports and Logistics

IMO extends fraudulent registry probe as falsely flagged ships named

Some 66 vessels, mostly under 5,000 gross tonnes, identified as falsely flagged with 15 registries, IMO secretariat report shows

International IMO

Danaos sees boxship shortages until end-2022 at earliest

Boxship owner reports a second-quarter net profit of more than $370m, supercharged by its stake in Zim as well as proceeds from the redemption of charterers’ notes

Europe Greece

Container carriers face rising operational costs

Box lines are basking in record earnings. But while these may not last forever, costs will continue to rise even after the party is over

Containers Sustainability

Dry Bulk

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

Detained Wakashio crew face humanitarian crisis

A welfare charity in Mauritius has called for the release of the Wakashio crew, detained now for a year. This follows a similar call by the International Transport Workers Federation

Dry Bulk Crewing

Diana sees return to 2008 freight levels as ‘conceivable’

Diana executive says that industry has ‘overestimated’ the extent of emissions and finance challenges, which has helped keep ordering low

Europe Diana Shipping Inc

Greek bulker owners count on promising future

While Seanergy said its first-half result was the most profitable since it relaunched in 2015, Pioneer Marine is looking to sell its remaining owned vessels following a management buyout

Dry Bulk Capes

Japanese lines gloomy on tanker outlook

The tanker market is likely to remain under pressure as it suffers from structural deterioration of the supply and demand balance

Japan NYK

IMO extends fraudulent registry probe as falsely flagged ships named

Some 66 vessels, mostly under 5,000 gross tonnes, identified as falsely flagged with 15 registries, IMO secretariat report shows

International IMO

UN faces call to investigate Beirut port explosion

The explosion of a store of ammonium nitrate destroyed a large part of the port of Beirut and surrounding areas. One year on, the official investigation has gone nowhere

Middle East and Africa Lebanon

Tankers & Gas

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

Latest From Tankers and Gas

Shipping risk remains level despite drone strike and hijack

Middle East tensions are flaring following an abortive hijack and a fatal drone strike against a tanker in the world’s most important energy chokepoint, but shipping’s risk assessment remains unchanged and recent events must be read with distinct context in mind

Middle East and Africa Iran

Ambrey names British security guard killed in tanker drone attack

Analysis of attack images shows drone deliberately targeted bridge with ‘lethal intent’, says risk consultancy

Oman Tankers and Gas

FSL in the black despite weak tanker market

The result was 59% lower than in the same quarter last year and comes on top of a 57% fall in revenues attributable to weak tanker markets as well as a sharp reduction in FSL’s tanker fleet capacity

Singapore Tankers and Gas

Japanese lines gloomy on tanker outlook

The tanker market is likely to remain under pressure as it suffers from structural deterioration of the supply and demand balance

Japan NYK

Armed hijackers abandon Asphalt Princess, crew ‘safe’

Lloyd’s List Intelligence AIS tracking shows Asphalt Princess headed towards Oman after armed boarders who seized the Panama-flagged tanker on Tuesday evening left the vessel, which has been declared ‘safe’ by the UK military group

Iran Tankers and Gas

Panama-flagged tanker Asphalt Princess hijacked and directed to Iran

Days after a fatal attack on Zodiac operated tanker, armed men seize an asphalt tanker off Gulf of Oman and direct the vessel to Iran. UK and US naval operations monitoring the situation. Iran has reportedly denied involvement

Middle East and Africa Tankers and Gas

Finance

Latest From Finance

London becoming more attractive for medium IPOs

There is plenty of mergers and acquisition activity going on in shipping, to the point that it’s even sometimes difficult to get a handle on it, say Daniel Saunders and Mark Tooke of WFW

London Finance

Dorian LPG sees profits drop but declares first dividend

The liquefied petroleum gas carrier saw net profits for the second quarter of 2021 drop on the back of lower revenues. However, it has also declared a $1 dividend per share that it says will return over $40m to shareholders

Energy Environment

Container carriers face rising operational costs

Box lines are basking in record earnings. But while these may not last forever, costs will continue to rise even after the party is over

Containers Sustainability

Maersk raises guidance again as strong market persists

Maersk has had a strong second quarter in an ‘exceptional market situation’. It expects to do even better in the third quarter

Europe Denmark

Hapag-Lloyd raises outlook after earnings soar in first half

Second-quarter results for container lines were always going to be good. Now the outlook for the full year looks even better

Europe Germany

P&I clubs face up to the Micawber dilemma

The entire club ethos is to do the best they can by their members. If they turn around to shipowners and say they need more money, chances are they really do need more money

International Insurance

Insurance

Latest From Insurance

IMO extends fraudulent registry probe as falsely flagged ships named

Some 66 vessels, mostly under 5,000 gross tonnes, identified as falsely flagged with 15 registries, IMO secretariat report shows

International IMO

Low seafarer vaccination rates could be headache for marine insurers

Ongoing low coronavirus vaccination rates for seafarers, despite the transmissibility of the Delta variant, could see big changes to the risk environment for marine re/insurers, according to a new analysis

International Insurance

Allianz report finds shipping's total losses at historic lows

Big challenges remain for shipping industry and its insurers, including coronavirus, the crew crisis, decarbonisation and the impact of ever-larger ships

International Casualty

British Marine hires marine insurance veteran

‘Guy is a well-known and respected figure in the marine P&I market and brings a wealth of experience to the role, which will form an important part of our strategic growth and portfolio development,’ says QBE’s Pembroke

United Kingdom Insurance

Heppell to join Tindall Riley from Neon

Philip Whittaker to revert to chief operating officer role

International Insurance

P&I clubs face up to the Micawber dilemma

The entire club ethos is to do the best they can by their members. If they turn around to shipowners and say they need more money, chances are they really do need more money

International Insurance
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