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The View

Lloyd's List's weekly view on the big issues impacting and shaping shipping, providing timely insight and thought-provoking opinion

Strikes are the last thing British ports need now

From the dockers’ tanner strike of 1889 to the Pentonville Five dispute of 1972, stoppages on the waterfront have literally changed the course of British history. Let them stay in the history books

United Kingdom Ports and Logistics

Taiwan Strait: pray we’ll always be as lucky

The container segment has been in a mess for the past two years, and an additional one-week hiccup in August may look like no big deal. But there are broader issues at stake

China Taiwan

Don’t be (quite so) cynical about ESG

Do it because you clients want it and because your bankers demand it. And most of all, because it’s the right thing to do

International Regulation

Getting Ukrainian grain to the hungry really is a matter of life and death

Agreement to resume shipments is good news from a commercial standpoint, and even better news for the tens of millions who are one subsidised loaf away from an empty stomach

Russian Federation Ukraine

Colombo and Hambantota: A tale of two ports

Many will remember the third world debt crisis of the 1980s and 1990s. We hope that what faces Sri Lanka next will be easier on its population than what came next in Argentina

China Sri Lanka

Shipping’s long ‘Do Svidaniya’ is proving harder than expected

In a multipolar world, the rest don’t have to follow the demands of the west. Shipping is a case in point

Lloyd List - The View Russian Federation

Now is not the time for shipping to be hiding behind closed doors

There are difficult conversations to be had in shipping, but having them behind closed doors in order to avoid scrutiny is a retrograde step. It is also at odds with the demands of wider society and their customers

Lloyd List - The View Regulation

China’s Covid crunch should spur supply chain resilience review

Russia’s isolation has redrawn maritime trade lanes, but China’s coronavirus-fuelled supply chain crunch offers a glimpse of what any potential decoupling may bring in the future. If there is a single lesson of the past few years it is that reliance on a single source of supplies is never a good idea

Containers Tankers and Gas

Euronav battle is clash of visions for the future of tankers

Tanker recovery or decarbonisation play? You pays your money and you takes your choice

International Belgium

And then there were 12. Owners should worry about P&I consolidation

Whether a slimmed-down IG would meet the textbook definition of oligopoly is a matter of taste, but six entities with 90% of a market between them is never a good look

International Insurance

Sovcomflot is counting on a rapid return to normal. Greek tanker owners should do so too

While Greece, Cyprus and Malta seek to have EU sanctions on the lifting of Russian crude watered down, European solidarity with Ukraine is more important than making money from shipping

EU Russian Federation

P&I clubs forced to drop Sovcomflot. What’s next?

Lawmakers would be within their rights to order an end to insurance for vessels lifting Russian crude. But if they want to turn off the taps, they should just come out and say so

Russian Federation Ukraine

Shipping decarbonisation needs to go beyond ‘the West versus the rest’

China’s International Maritime Sustainability Funding & Reward scheme is low on detail and lower in ambition. But at least it’s a plan

International China

More green pledges are welcome — but watch for the fine print

The recent flurry of green pledges shows work is being done behind the scenes. But as we move from ideas to action, the devil is in the detail

International Lloyd List - The View

Frontline 2.0: Who wants to be a ‘supersized tanker behemoth’ anyway?

The ongoing scrap between the Fredriksens and Saverys families may make the path of the big merger between Frontline and Euronav announced this week far from smooth 

Belgium Norway

P&O Ferries: Backwash drags politicians under

This was more spin than substance, designed to placate public and media outrage while doing little to address the root causes at work

United Kingdom Crewing

Neutral shipping needs a blue corridor out of Ukraine

The International Maritime Organization should continue to use its best endeavours to find a safe way out for ships stuck in the conflict zone, and the industry should throw its full weight behind that outcome

Russian Federation Ukraine

P&O Ferries drags industrial relations back to the bad old days

DP World boasts of being a ‘Great Place to Work’; the international shipping community must carefully consider whether this is the kind of workplace champion it wants to embrace

United Kingdom Crewing

(Almost) back in the USSR

Trade relations may soon come to resemble those of the Cold War we all thought we had left behind long ago. The last time the world can remember similar was when Lennon and McCartney were in vogue

Ukraine Russian Federation

Let's recognise the courage of crews risking their lives in Ukraine

Like other globalised industries, shipping is faced with tough choices as a result of Putin’s war, in which considerations of the bottom line must be tempered by morality

Russian Federation Ukraine

Facing both ways on Russian shipping sanctions

The west absolutely should show solidarity with Ukraine. But such is our dependence on seaborne Russian energy and commodities that there are limitations to even symbolic support

Europe Ukraine

Boxship P&I renewals: Big names paying big time for sins of the past

It is almost unimaginable that a P&I club would willing kiss goodbye to one of the largest marine insurance accounts on the planet. But — incredibly — that’s what West of England has done with MSC, not least because of the latter’s loss record

International Containers

Containership bonanza offsets decades of financial underperformance

The extraordinary profits that container lines are reporting for 2021 will be needed as the industry prepares to decarbonise, but cargo interests should not expect a return to the days of rock-bottom freight rates

Denmark International

Impersonating Frontline takes some front

They say imitation the sincerest form of flattery. But Fredriksen-owned tanker operator Frontline may think otherwise

International Tankers and Gas

Ukraine: Minor incursion could have major impact on shipping

If war breaks out between Russia and its neighbour, our industry will find itself caught up in the crossfire, hopefully of the metaphorical rather than literal variety

Russian Federation Ukraine

Liner shipping needs to stay on the right side of regulators

The benefits of regulatory even-handedness should be apparent to all. But keeping things that way entails good behaviour — or at least not egregiously bad behaviour — on the part of the regulated

International Containers

Making charterers pay for carbon is a first step. Now for all the others

Recognition from Brussels — still far from certain — that charterers should pay for their emissions is a start. But it is still up to owners to make the big calls on investing in greener ships. They must not take this week’s news as permission to do nothing

International Europe

MSC and Maersk: When biggest is no big deal

Being the world’s number one containership operator is not like being the world’s number one tennis player. That said, sheer size does come with the accompanying benefits that are usually listed together under the general heading of economies of scale and there are bankable advantages in being big

International Containers

Supply chain crisis? What crisis?

The shipping and logistics industries have worked so well for so long that politicians and public have had little real reason to notice them in recent decades. And despite recent minor turbulence, that will continue to be largely the case

United Kingdom Ports and Logistics

The ‘usual speed of IMO co-operation’ is not fast enough

Anyone hoping for a wind of change to sweep in from Glasgow and spur the IMO to dispense with 71 years of history and procedure, sweep aside national differences and pull a neat solution to climate change out of its hat obviously doesn’t understand how the IMO works

International Sustainability

P&I premiums were too low, too long. Expect to pay more

You pretty much have to be a boomer to remember significant inflation. But rising prices are back, and that goes for marine insurance too

International Insurance

Message to Ms Thunberg: Shipping’s getting there slowly

The Swedish climate activist’s suggestions about where to stick climate change are clearly anatomically unfeasible. But five days of ‘blah, blah, blah’ at the COP26 summit, there are small and welcome signs of progress

International Sustainability
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