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Latest From Finance

Scorpio takes over Nordic American Offshore

Emanuele Lauro becomes chairman and chief executive after $5m private placement

Finance Offshore

Shipowners should not need finance for scrubbers, says Citi's Parker

Seasoned financier argues that environmental first movers in the shipping industry will reap the rewards as societal norms are evolving

International IMO

Global Ship Lease agrees double CMA CGM charter

Boxship owner continues streak of CMA CGM deals after merger with Poseidon Containers
CMA CGM Containers

Hansa Heavy Lift files for insolvency

US owner of HHL says insolvency is because of ‘an extremely challenging operating environment in the global shipping industry’

Germany Finance

Trafigura orders four gas carriers

Overall shipping fixtures for the financial year ended September 2018 amounted to 4,190. This figure is up from 4,151 in 2017 because of an increasein  dry bulk trade

Tankers and Gas Shipbuilding

Moody’s lowers Maersk rating

The ratings agency said the financial flexibility offered by $5bn worth of Total shares is also positive, allowing Maersk to protect its balance sheet as it continues its transformation

Containers Finance
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Latest From Insurance

Lloyd’s List Outlook 2019: Law

Understanding key legal developments and cases is an essential component of risk management

International United Kingdom

Lloyd’s List Outlook 2019: Insurance

Marine insurers are heading into the uncharted waters of changing risk

International Insurance

The Lloyd’s List Podcast: The future of salvage

Listen to the latest edition of Lloyd’s List’s weekly podcast — your weekly briefing on the stories shaping shipping in the week ahead

International Lloyd's List The Shipping Podcast

Union chief sets out ‘new vision’ for salvage sector

‘LOF light’ proposals are unsatisfactory because they would not make for adequate incentives, sector figurehead maintains. Shipowners and insurers must understand there is no alternative to footing the bill for sufficient salvage capacity

International Insurance

Alternative to Lloyd’s Open Form outlined

The rapid decline in the use of Lloyd’s Open Form – which some regard as too expensive, especially for simple jobs – has sparked a hunt for alternatives, with the issue the main focus of debate on the opening morning of the Salvage & Wreck Removal 2018 event

International United Kingdom

Top 10 in marine insurance 2018

As part of our 2018 Top 100 most influential people in shipping series, we look at the very best global insurance power-brokers. Following a difficult year, there are six new faces making their mark
Top 100 People International
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Latest From Law

Lloyd’s List Outlook 2019: Law

Understanding key legal developments and cases is an essential component of risk management

International United Kingdom

Top 10 maritime lawyers 2018

As part of our 2018 Top 100 most influential people in shipping series, we look at the very best legal minds across maritime law, including arbitration, major and/or novel transactions, and M&As
Top 100 People Law

US indicts two Iranians for cyber attacks on national infrastructure

Faramarz Shahi Savandi and Mohammad Mehdi Shah Mansouri allegedly launched cyber attacks using malware known as SamSam to lock data on computers, then demanded payment in bitcoin to unlock the data

Cyber Iran

Career devoted to maritime industry recognised at SAMEA awards

Capt Jitendra Misra received the Outstanding Achievement Award at the Lloyd’s List SAMEA celebration, with Topaz Energy and Marine, Bahri Logistics, Cargill, and Pakistan’s Maritime Training Institute among others recognised

Middle East and Africa United Arab Emirates

Charter contracts and insurance coverage need revisions ahead of 2020, experts warn

Senior Clyde & Co and Marsh chiefs note there are several unresolved and grey areas regarding insurance and contracts as a result of the 2020 sulphur cap

Marsh Insurance

Aegean Marine to be delisted following bankruptcy filing

The company did not appeal in the allotted 10-day notification period

United States Bunkers
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Latest From Regulation

Australia ponders open-loop scrubber ban

Australia allows open-loop scrubbers but is working with local authorities to decide if it needs to change the rules

Australia IMO

Shipping braced for a year of disruption

The expert panel brought together for the Lloyd's List 2019 Outlook Forum looked ahead to the next 12 months – they expect a weakening trade environment, amid political disruption in emerging markets and Brexit uncertainty

International United Kingdom

Shipowners should not need finance for scrubbers, says Citi's Parker

Seasoned financier argues that environmental first movers in the shipping industry will reap the rewards as societal norms are evolving

International IMO

UK ports warn of ‘anxiety’ over Brexit chaos

The UK’s two biggest port lobbies warn that time running is out — and reveal European counterparts are baffled by the political state of play

Europe United Kingdom

Top 10 in regulation 2018

Ahead of our annual Top 100 most influential people in shipping series, we reveal how, in a year where there was no shortage of controversy around maritime regulation and trade, these 10 players shaped the rules the most
Top 100 People Regulation

Lloyd’s List Outlook 2019: Regulation

In 2019 regulators will settle final details around the 2020 sulphur cap and try to offer greater clarity on greenhouse gas measures

International Environment
See All

Latest From Casualty

Safety at sea is still a risk for shipping industry

Boxship fires and cyber attacks could set back the safety improvements that have been made in recent years if not addressed soon

International Casualty

Cargo carrier sinks off northeast China

Beihai Rescue Bureau of the Ministry of Transport said the incident happened about 20 nautical miles to the northeast of Weifang city in Shandong province

Asia Pacific China

Last civilian migrant rescue ship ends operations

MSF claims Aquarius has assisted 30,000 people in the Mediterranean Sea since February 2016

EU Political Risk and Trade

Rogue shippers in the firing line as cargo safety plans gather support

Misdeclared dangerous cargo is a serious issue for the industry and one with severe implications, both in terms of safety and financial cost, says HFW partner Alex Kemp

HFW Maersk Group

Tsakos tanker awaits clearance as Norwegian oil terminal reopens

Tsakos Energy Navigation hopes to get clearance for vessel to proceed to a discharge port in the UK

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Europe Norway

Norwegian oil terminal shuts after ships collide

The tanker, owned by Tsakos Energy Navigation, was reportedly carrying 625,000 barrels of crude oil

Tankers and Gas Ports and Logistics
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Latest From Piracy and Security

Tug attacked by gunmen off Malaysia

One crew member was shot in the leg but Malaysian authorities intervened and rescued the seafarers from the vessel 

Malaysia Piracy and Security

Terror group link to abducted seafarers off Malaysia

A report by the Regional Co-operation Agreement on Combating Piracy and Armed Robbery against Ships in Asia claims three seafarers were abducted from a vessel by about 20 men with guns 

Asia Pacific Malaysia

Gulf of Guinea pirates’ change of tactics is ‘alarming’

The majority of reported attacks took place in Nigeria in 2017, but several attacks in neighbouring countries’ waters in 2018 is a cause of alarm

Guinea Piracy and Security

US indicts two Iranians for cyber attacks on national infrastructure

Faramarz Shahi Savandi and Mohammad Mehdi Shah Mansouri allegedly launched cyber attacks using malware known as SamSam to lock data on computers, then demanded payment in bitcoin to unlock the data

Cyber Iran

Flag revoked for Europe’s only civilian rescue vessel

The non-governmental organisation operating the Aquarius has flag requests pending with many European states

Europe Middle East and Africa
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Latest From Ports and Logistics

Top 10 box port operators 2018

In the run-up to publishing the annual Lloyd's List Top 100 most influential people in shipping series, we look at the major box port operators, with Cosco, DP World and PSA all making their mark
Top 100 People Ports and Logistics

Long Beach mayor to chair national ports and exports task force

Strengthening trade and commerce at ports is critical to the success of the US national economy and regional economies, says Garcia

North America United States

Port of Tyne names Matt Beeton as chief executive

The Port of Tyne announced today they have appointed Matt Beeton as chief executive, effective early in the new year 
Europe United Kingdom

US import growth said to slow in 2019 from record

Major US retail ports saw more than 2m container imports in October and November

United States Containers

UK ports warn of ‘anxiety’ over Brexit chaos

The UK’s two biggest port lobbies warn that time running is out — and reveal European counterparts are baffled by the political state of play

Europe United Kingdom

Utah coal merchants eye port in Mexico

There is a premium for finding new export outlets for US coal, and exporters are doing all they can to find them

Mexico Ports and Logistics
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Latest From Environment

Shipping braced for a year of disruption

The expert panel brought together for the Lloyd's List 2019 Outlook Forum looked ahead to the next 12 months – they expect a weakening trade environment, amid political disruption in emerging markets and Brexit uncertainty

International United Kingdom

Shipowners should not need finance for scrubbers, says Citi's Parker

Seasoned financier argues that environmental first movers in the shipping industry will reap the rewards as societal norms are evolving

International IMO

Top 10 in regulation 2018

Ahead of our annual Top 100 most influential people in shipping series, we reveal how, in a year where there was no shortage of controversy around maritime regulation and trade, these 10 players shaped the rules the most
Top 100 People Regulation

CMA CGM backs Maersk’s zero-carbon plan

French carrier offers support for Danish rival’s efforts to remove fossil fuels from shipping by 2050

CMA CGM Fuels

Lloyd’s List Outlook 2019: Regulation

In 2019 regulators will settle final details around the 2020 sulphur cap and try to offer greater clarity on greenhouse gas measures

International Environment

Indian scrapyards fail to make initial cut of EU-approved facilities

With the addition of the six new yards, the EU-approved list now comprises 26 facilities

Europe North America
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Latest From Safety

Tug attacked by gunmen off Malaysia

One crew member was shot in the leg but Malaysian authorities intervened and rescued the seafarers from the vessel 

Malaysia Piracy and Security

Industry partners eye blockchain records for seafarer certification

BLOC and Lloyd’s Register Foundation has started work on the second of three Maritime Blockchain Labs demonstrator projects. This focuses on the streamlining and management of engineer officer documentation

International Lloyds Register

Safety at sea is still a risk for shipping industry

Boxship fires and cyber attacks could set back the safety improvements that have been made in recent years if not addressed soon

International Casualty

Terror group link to abducted seafarers off Malaysia

A report by the Regional Co-operation Agreement on Combating Piracy and Armed Robbery against Ships in Asia claims three seafarers were abducted from a vessel by about 20 men with guns 

Asia Pacific Malaysia

Cargo carrier sinks off northeast China

Beihai Rescue Bureau of the Ministry of Transport said the incident happened about 20 nautical miles to the northeast of Weifang city in Shandong province

Asia Pacific China

IMO takes next steps on autonomous shipping regulation

Safety regulators agree a two-phase approach which will wrap up by May 2020 and will consider regulatory changes or additions

IMO Technology and Innovation
See All

Latest From Shipbuilding

Nanjing Tanker places $71m MR tanker orders

Deal comes as the Chinese tanker owner is close to returning to the Shanghai Stock Exchange

Asia Pacific Tankers and Gas

NYK orders three more LNG carriers in South Korea

Vessels will be used to carry cargo from the LNG production facilities in US and Canada, among other places

Asia Pacific Tankers and Gas

Trafigura orders four gas carriers

Overall shipping fixtures for the financial year ended September 2018 amounted to 4,190. This figure is up from 4,151 in 2017 because of an increasein  dry bulk trade

Tankers and Gas Shipbuilding

Maran Gas orders LNG carrier at DSME

The 173,400 cu m gas carrier is scheduled for delivery in the first half of 2021

Asia Pacific South Korea

China big yet not powerful in shipbuilding, says CSSC researcher

Bao points out that the governments in South Korea and Japan are no slouches in providing policy support for domestic shipbuilders

Asia Pacific China

NYK orders two large LNG carriers

Japanese shipping giant says the deal fits into its new medium-term management plan that seeks stabilise freight rates by using long-term contracts

NYK Shipbuilding
See All

Latest From Technology and Innovation

Australia ponders open-loop scrubber ban

Australia allows open-loop scrubbers but is working with local authorities to decide if it needs to change the rules

Australia IMO

Greek Shipping Awards 2018: Winners unveiled

Platsidakis, Palios, Frangou, Kassidokostas-Latsis and Wiernicki among those honoured as Contship Management, Euronav, Clarksons Platou Hellas, BNP Paribas and Signal Group score major company awards

Europe Greece

IMO takes next steps on autonomous shipping regulation

Safety regulators agree a two-phase approach which will wrap up by May 2020 and will consider regulatory changes or additions

IMO Technology and Innovation

Autonomous shipping set for next step

Finferries’ vessel Falco has been operated autonomously and controlled remotely. It is the next step in progress towards a digital future for shipping. However we should expect the occasional bump along the way

Rolls-Royce Technology and Innovation

NYK orders two large LNG carriers

Japanese shipping giant says the deal fits into its new medium-term management plan that seeks stabilise freight rates by using long-term contracts

NYK Shipbuilding

The Interview: Troels Stovring

Troels Stovring, chief executive of Twill, reveals how he and his team have set about developing a global digital forwarding platform that serves the needs of smaller shippers
Big Interview Europe
See All

Latest From Sale and Purchase

OSG extends nine tanker charters with American Shipping

Five charters were extended until 2022, four were extended until 2020

United States Tankers and Gas

Mehrotra seeks to add secondhand tonnage on rising Indian imports

Executive chairman Ravi Mehrotra says he wants to buy another five VLCCs

India Tankers and Gas

Contships eyes further expansion of feeder fleet

Greek owner has steadily acquired boxships in its first three years but negotiations with a German bank for another four or five vessels have dragged on

Europe Greece

Shangdong Shipping restructures amid spin-off talks

Market sources say the announcement follows a failed attempt by the government-owned shipowner last year to launch an initial public offering for its gas shipping unit Pacific Gas

Asia Pacific China

TEN sees better times after wider third-quarter loss

Tsakos Energy Navigation has struck an optimistic note in reporting its third-quarter results that showed a larger loss than a year ago, but still less red ink than some of the company’s tanker-owning peers. TEN is already tasting better market conditions, rates having shot up since the end of the quarter

Tankers and Gas Finance

Laskaridis eyes foray into tankers

Greek owner confirms sextet of recent buys for dry bulk and reefer fleet, but is looking at further diversification

International Greece
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