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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

The View: 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

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

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
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