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Latest From Finance

Lloyd Fonds set for industry exit

Hamburg outfit still associated with fleet of 24 vessels, with many more managed

Europe Germany

Container shipping’s hunger games

Box lines can’t blame bunker costs alone

International Containers

J. Lauritzen sees strength in dry bulk markets

Update: Chief executive of Danish shipping company says he does not rule out an initial public offering down the line

Europe Dry Bulk

Golden Ocean takes scrubbers as profits rise

Chief executive says the market continues to strengthen, especially for capesizes, the sector in which it is most exposed

Dry Bulk Finance

Maersk to seek separate listing for drilling unit

Second quarter profit slumps on higher fuel costs

Europe Denmark

DFDS orders another ro-ro ferry after posting weaker second-quarter profit

Order is placed after the company posts a 16% decline in net profit to $62.2m for April-June

Europe Denmark
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Latest From Insurance

Currency turmoil points to summer of uncertainty for industry

Sharp depreciation already inflating claims in dollar terms

Europe South America

Turner set to replace Berg as IUMI president

Munich Re’s Dieter Berg steps down after four-year term

International United Kingdom

P&I Clubs may seek exemption from EU blocking statute

Blocking regulation allows one EU entity to sue another for damages arising from compliance with US sanctions against Iran

Middle East and Africa North America

Celebrating outstanding achievements across the SAMEA region

Lloyd’s List returns to Dubai in November for its annual celebration of maritime excellence across the South Asia, Middle East and Africa region. There are new award categories to reflect the region's diversity and dynamism

Middle East and Africa DP World

Aspen plans exit from Lloyd’s classes

Aspen will stop writing aviation, international professional indemnity and marine hull at Lloyd’s, but says most of its Lloyd’s business is performing ‘very well’

North America Bermuda

American Club unveils senior management promotions

Dorothea Ioannou has been appointed chief commercial officer of Shipowners Claims Bureau, leading several executives stepping up to increased responsibilities for guiding future growth

International Insurance
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Latest From Law

Djibouti ports boss defends Doraleh confiscation

DP World declines to comment on seizure of its stake in Africa’s most modern box terminal

Middle East and Africa United Arab Emirates

Celebrating outstanding achievements across the SAMEA region

Lloyd’s List returns to Dubai in November for its annual celebration of maritime excellence across the South Asia, Middle East and Africa region. There are new award categories to reflect the region's diversity and dynamism

Middle East and Africa DP World

Djibouti dismisses LCIA ruling as DP World terminal dispute wrangles on

The LCIA ruled that DP World’s concession at the Dolareh Container Terminal remained ‘valid and binding’ at a tribunal in London last week

Middle East and Africa Djibouti

Shipping should review contracts before trade sanctions and Brexit bite

Sebastiaan Moolenaar and Reinier Cobussen of Dutch law firm AKD say it is key for companies to be able to manage operational issues to guarantee an uninterrupted supply chain and ensure a clear understanding of who is to pay for the additional costs

Europe Netherlands

K Line dispute with APL Logistics reaches settlement

K Line filed a lawsuit against APLL at the Tokyo District Court in December 2016

Asia Pacific Japan

UK preparing no-deal Brexit plans for shipping

Developments come after prime minister announces 70 ‘technical notices’ for businesses and households over summer

United Kingdom Law
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Latest From Regulation

Why there are Three Elements to maritime efficiency

Next generation technology will play an increasingly significant part in upgrading maritime efficiency. However, as the Lloyd's List SMM Business Briefing will reveal, technology can be even more effective when working alongside a better understanding of the regulatory environment, and the needs of tomorrow's seafarers and shore teams

International Europe

Dorian to fit seven more vessels with scrubbers

Dorian has selected Clean Marine to supply the seven hybrid all-stream exhaust gas cleaning systems

International Europe

P&I Clubs may seek exemption from EU blocking statute

Blocking regulation allows one EU entity to sue another for damages arising from compliance with US sanctions against Iran

Middle East and Africa North America

D'Amico's dry bulk unit eyes scrubbers for bigger vessels

Luciano Bonaso says he has no fleet expansion plans just yet

International Europe

Recent fuel contamination cases spark doubts regarding 2020 blends

Increased blending will invariably introduce the possibility of variable quality issues that are potentially not covered by the ISO standard, says IBIA Asia manager Simon Neo

Singapore United States

North Korea flouting sanctions through ship-to-ship transfers

AIS being switched off to prevent detection of oil product imports, UN says

Asia Pacific North Korea
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Latest From Casualty

Viewpoint: Fuel fiasco

It may take the shock of fines, detentions and port state control inspections to ensure that poor quality marine fuels no longer damage precious engines

Bunkers Casualty

Boxship and LPG carrier collide off Gibraltar

No injury or pollution, but both vessels reported damaged

Europe Containers

Bulker write-off linked to fertiliser cargo

All 23 crew on board the 2012-built Isle of Man-flagged bulker were evacuated safely

Dry Bulk Casualty

Nigerian pirates kidnapped 35 seafarers in the first half

EOS expects the instability in the Niger Delta to increase in the run-up to Nigeria’s 2019 general elections, which could result in a spike in piracy activities

Guinea Ghana

Operation starts off Sweden to tow grounded K Line car carrier

The Swedish Coast Guard warned that the hull ran the risk of being further damaged and that more oil could be spilled

Europe Sweden

Environmental impact of grounded ship off Sweden revealed

The Swedish coast guard claimed some of the spilt oil reached Flatvarp

Europe Sweden
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Latest From Piracy and Security

US blacklists Chinese shipping firms and Russian port agency over sanctions

The US warns over ‘deceptive shipping practices’ conducted by North Korea to evade sanctions

North Korea Piracy and Security

South Korea probes shipowners after coal trades with North Korea

More than 33,000 tonnes of North Korean coal was illegally imported to South Korea last year in violation of United Nations and other sanctions, the South Korean government said on Friday

South Korea Piracy and Security

Riyadh calls for international efforts on Red Sea security as oil shipments resume

Turning off the Automatic Identification System is insufficient to avoid Houthi attacks, according to Intertanko

Saudi Arabia Yemen

Nigerian pirates kidnapped 35 seafarers in the first half

EOS expects the instability in the Niger Delta to increase in the run-up to Nigeria’s 2019 general elections, which could result in a spike in piracy activities

Guinea Ghana

Clarksons reveals extent of 2017 cyber attack

A lone hacker gained access to a range of personal information from the shipbroking giant in November 2017 after infiltrating its computer system during a seven-month period, the company has revealed

Europe United Kingdom

EU Naval Force to relocate UK base due to Brexit

The EUs Indian Ocean naval operation is extended until the end of 2020

Europe EU
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Latest From Ports and Logistics

Genoa terminals unaffected by bridge collapse

The Italian Federation of Shipping Agents says Genoa’s terminals are operating at 100%

Italy Casualty

Hapag-Lloyd expands East African presence

Hapag-Lloyd’s revised East Africa loop will launch from September

Middle East and Africa Asia Pacific

Bad bunker cases on the increase, says Lloyd's Register

The use of unusual blend components may increase in the run-up to the low-sulphur regulations taking effect as people try to avoid the high costs of compliance

Bunkers Ports and Logistics

DP World revenues up on volume growth

Profits slip as integration of new businesses and problems at Doraleh hit margins

International DP World

DFDS orders another ro-ro ferry after posting weaker second-quarter profit

Order is placed after the company posts a 16% decline in net profit to $62.2m for April-June

Europe Denmark

Kenya seeks to bring shipping line back from the dead

Plans afoot to revive Kenya National Shipping Line

Middle East and Africa Kenya
See All

Latest From Environment

Why there are Three Elements to maritime efficiency

Next generation technology will play an increasingly significant part in upgrading maritime efficiency. However, as the Lloyd's List SMM Business Briefing will reveal, technology can be even more effective when working alongside a better understanding of the regulatory environment, and the needs of tomorrow's seafarers and shore teams

International Europe

Heavyweights sign up to port technology alliance for the UK market

Associated British Ports, Rolls-Royce and Svitzer are to work jointly to develop new technologies to keep British ports at the forefront of sustainability and efficiency. At a kick-off meeting in Southampton, the three companies said the aim was to maintain UK ports’ competitive position

United Kingdom Rolls-Royce

Dorian to fit seven more vessels with scrubbers

Dorian has selected Clean Marine to supply the seven hybrid all-stream exhaust gas cleaning systems

International Europe

China to back LNG as a marine fuel

Cosco Shipping and China Merchants are encouraged to pioneer LNG-fuelled engines for their container shipping fleets

Asia Pacific Tankers and Gas

Celebrating outstanding achievements across the SAMEA region

Lloyd’s List returns to Dubai in November for its annual celebration of maritime excellence across the South Asia, Middle East and Africa region. There are new award categories to reflect the region's diversity and dynamism

Middle East and Africa DP World

D'Amico's dry bulk unit eyes scrubbers for bigger vessels

Luciano Bonaso says he has no fleet expansion plans just yet

International Europe
See All

Latest From Safety

Australia to tighten port state inspections on boxships

More tests on boxship stowage plans following loss of containers from YM Efficiency

Asia Pacific Australia

Viewpoint: Mind in neutral

If watchkeepers must be present, they are better engaged with the task of navigating and not relegated to overseeing equipment 

International Casualty

Environmental impact of grounded ship off Sweden revealed

The Swedish coast guard claimed some of the spilt oil reached Flatvarp

Europe Sweden

Cosco IT woes spread beyond US

Outside the US, Canada, Panama, Argentina, Brazil, Peru, Chile and Uruguay are also affected

Asia Pacific North America

Shipowners rally around Greece wildfire victims

Industry expresses grief for the toll of this week’s blazes as numerous vessels aid those fleeing the flames in coastal areas

Europe Greece
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Latest From Shipbuilding

Samsung Heavy banks $370m LNG newbuilds from Celsius

Contract also includes an option for two more vessels, while delivery is scheduled at the end of 2020

Asia Pacific South Korea

Yang Ming unveils feedership orders

Taiwanese carrier says the ships will be complied with the new international environmental regulations, including the 2020 sulphur cap

Asia Pacific Taiwan

SHI calls on workers to take unpaid leave

Move comes after HHI made a similar offer to employees at its offshore yard

Asia Pacific Shipbuilding

Sumec makes $335m takeover of Dayang Shipbuilding

State-owned Sumec believes it will benefit from Dayang’s eco-design dry bulker products

Asia Pacific China

Angelicoussis converts second FSRU order to additional LNG carrier

Greek owner might be showing caution on FSRU expansion — or just optimism about the LNG shipping market

Europe Asia Pacific

Yangzijiang perks up on increased deliveries and new orders

Second-quarter net profit jumps 38% to $146m as revenue soars 110% to $1.2bn

Asia Pacific China
See All

Latest From Technology and Innovation

Why there are Three Elements to maritime efficiency

Next generation technology will play an increasingly significant part in upgrading maritime efficiency. However, as the Lloyd's List SMM Business Briefing will reveal, technology can be even more effective when working alongside a better understanding of the regulatory environment, and the needs of tomorrow's seafarers and shore teams

International Europe

Hapag-Lloyd adds quote tool to digital service line-up

Direct bookings system seems to simplify shipper experience

Europe Germany

A party for one ain’t no fun

Maersk’s TradeLens initiative could be just another blockchain trial without support from global carriers

International Maersk Group

Maersk and IBM launch blockchain product

Box shipping and tech giants have 94 partners lined up in blockchain trial, but only one other carrier has put its hat in the ring

International Maersk Group

Celebrating outstanding achievements across the SAMEA region

Lloyd’s List returns to Dubai in November for its annual celebration of maritime excellence across the South Asia, Middle East and Africa region. There are new award categories to reflect the region's diversity and dynamism

Middle East and Africa DP World
See All

Latest From Sale and Purchase

Turkish shipbreakers catch a breather

The largest shipbreaking industry outside of Asia may escape from catastrophe as Turkish scrap price recovers

Turkey Ship Recycling

DryShips agrees sale of 17-year-old panamax

Delivery to the buyer, which is unaffiliated to DryShips, will be within this month

Europe Greece

Greeks lead secondhand ship investments in year to date

Norwegian owners were the second-highest spenders, with close to $1.8bn of market purchases, ahead of Chinese owners on nearly $1.2bn

International Europe

Safe Bulkers buys Japanese-built capesize bargain

Unidentified vessel becomes US-listed owner’s fourth cape as brokers point to Five Stars Fujian, auctioned in China last Saturday, as most likely candidate

US States Dry Bulk

International Seaways boosts cash piles despite weaker results

New York-listed owner sells four crude and product tankers for $69m during the second quarter

US States Tankers and Gas

Greeks lift investments in shipping on back of LNG orders

Leading shipping nation on course for three-year high in spending

International Europe
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