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The Lloyd’s List Podcast: How to retrofit a more efficient shipping industry

Given the availability and relative affordability of proven technology capable of making the existing fleet more efficient, why are shipowners not queuing outside ship repair yards demanding immediate retrofits to their ships? This week’s podcast explores the complex questions of finance, payback and a deeply conservative attitude to technology upgrades

Lloyd's List The Shipping Podcast Environment

Capital Product earnings get boost from LNG carrier additions

Greece-based containership and gas carrier owner has $1.9bn backlog of contracted revenue, of which 64% is tied to its seven LNG carriers

LNG Tankers and Gas

K Line profits boosted by box boom

K Line’s dry bulk segment was supported by increasing demand for Chinese grain imports in the last nine months of last year

Japan Dry Bulk

NYK’s profits climb one third on ONE’s performance

In the automotive transportation segment, the impact of the global semiconductor shortage and the coronavirus on automobile production volumes is gradually receding, and transportation volumes increased compared with the same period last year, NYK said

Japan NYK

SGX to launch container FFAs

Greater volatility amid uncertainty related to geopolitics, and the pandemic effects disrupting supply chains, is bound to drive interest in the new futures contracts at this time, says SGX head of commodities

Containers Asia Pacific

Adani Ports shares and bonds under pressure following short seller’s report

Adani Ports-led consortium officially took over Haifa port in Israel earlier this week

India Israel

Divorce will not stop Euronav seeking new partners

Euronav’s jilted chief Hugo De Stoop is going through a messy divorce, but is he holding out some hope that the relationship may not be over, or is he already looking for new partners?

Tankers and Gas Finance

Shipping associations call for inclusion of maritime technology in EU Green Industrial Plan

The European Commission presented its plan to increase competitiveness of the net zero industry, prompting calls from the shipping industry for maritime technology to be included

Europe Sustainability

OceanPal acquires fifth bulker after exercising Diana option

Deal includes a $4m cash payment on signing with the remainder to be paid in preferred shares

Greece Dry Bulk

ForestWave adds eight MPVs to fleet after purchase of rival Symphony Shipping

Sale of Netherlands shipowner includes seven modern geared multi-purpose ships of between 10,500 dwt and 12,500 dwt capacities, and one 12,000 dwt newbuilding is included in the deal

Marine Ship Management

DSV lowers earnings expectations as market cools

An unclear macroeconomic outlook and the unwinding of pandemic disruptions have led DSV to lower its outlook for 2023. But lower valuations could make room for more merger and acquisition activity

Denmark Containers

Dorian LPG posts record revenues as VLGCs continue upswing

Company’s earning capacity to expand with four additional VLGCs to join the fleet as well as with fitting of scrubbers to three more ships

United States Dorian Lpg
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