Shipowners are not having to woo bankers right now. They don’t need to. If anything it’s the bankers’ turn to buy the drinks at Posidonia this year and start talking up ways to deploy capital, because shipowners are paying down loans while they can and bank loan deal flows have slowed to a trickle.So there is limited appetite right now to engage wi…

This episode of the Lloyd’s List podcast was brought to you by Lloyd’s Register — visit www.lr.org/en for more information.THE US refrained from imposing new sanctions on Iran’s shipping sector for most of last year and was said to be lax in its enforcement of existing sanctions as it was eyeing a prisoner exchange deal with Tehran that took place …

This episode of the Lloyd's List podcast was brought to you by Lloyd's Register - visit https://www.lr.org/en/ for more information. “You have to be a cold bitch or an easy lay”. Those words of advice were given nearly 50 years ago by the boss of a London-based shipping company to a young woman starting out her maritime career.That young woman went…

This episode of the Lloyd's List podcast was brought to you by Lloyd's Register - visit https://www.lr.org/en/ for more information. BATTING centres are an iconic part of Japan's baseball-loving culture and found everywhere in the country as entertainment facilities.For Takaya Soga, the president and chief executive of NYK Line, the past year has f…

This episode of the Lloyd's List podcast was brought to you by Lloyd's Register - visit https://www.lr.org/en/ for more information. The dry cargo market had a strong start to the year as more bulk carriers rerouted away from the Suez Canal, port congestion in China increased and higher than expected Brazilian iron ore exports all pushed up tonne-m…

This episode of the Lloyd's List podcast was brought to you by Lloyd's Register - visit https://www.lr.org/en/ for more information. The Container lines have begun reporting their first-quarter results, and there are strong improvements on the previous quarter. But that ground has been gained on the back of disruptions to sailings through the Red S…

This episode of the Lloyd's List podcast was brought to you by Lloyd's Register - visit https://www.lr.org/en/ for more information. Geopolitical disruptions, wars, sanctions, OPEC+ production cuts and even the weather have all added tonne-mile demand at a point when fleet growth is at a record low. We are living through something of a golden age o…

This podcast is brought to you in association with LISCR, the Liberian International Ship and Corporate RegistryPORT state control (PSC) has reduced accidents and improved safety on board ships, but there is a lot of room for improvement in how PSC inspections are carried out and their outcomes reported, believes Alfonso Castillero, CEO of the Libe…

In this pivotal year of global elections where the power blocs are squaring up to each other over trade, macroeconomic circumstance has thrust shipping into the limelight.Shipping has a window of opportunity to insert itself at the heart of the big political discussions by reminding politicians of the central role that national fleets and maritime …

Shipping is getting increasingly more complex and more expensive. On balance, that could be a good thing in that it forces the hand of an industry that has been too cheap for too long and the direction of regulatory travel now at least favours the progressives over the laggards. But we don’t know the detail. We don’t know what fuel availability or …

LAST July Ukraine’s deep sea maritime trade dried up with the collapse of the Black Sea Initiative.Within days Ukraine put forward a proposal to the UN detailing a route that would see ships sailing through Romanian waters to reach the greater Odesa ports. In August Ukraine announced the opening of a “humanitarian” corridor, pitching the route as a…

On International Women’s Day, Stephanie Zank tells Lloyd’s List her story about being a trailblazer in the world of shippingAs a girl growing up in Australian in the 1980s Stephanie Zank hated office jobs and loved taking things apart and putting them back together.When she first stepped on board a ship, she knew that this was the career she wanted…

TUESDAY this week marked P&I renewal day. That’s the name given to the annual hard deadline for the 90% of the world fleet by tonnage entered with International Group P&I clubs to renew their liability insurance for the following year. Historically, the date was considered the first on which Baltic ports were sufficiently ice free to be navigable. …

THE shipping industry has a problem that it doesn’t like to talk about. A dark secret.Safety standards, by and large, have been steadily improving over recent decades. Ship casualties and incidents reached an all-time low, in spite of a global pandemic and a steady tightening of regulatory standards have raised the bar across the board. But there i…

Why has the marine insurance industry forgotten about Cynthia Mockett? That is the question at the heart of this week’s edition of the Lloyd’s List Podcast. The widow of a UK marine surveyor and consultant murdered in Yemen 13 years ago in one of the biggest marine insurance frauds in Lloyd’s of London history is still fighting for compensation, as…

Between Black Sea disruption and two key canals choking under the pressure of climate and war, a triple whammy of blocked arteries threatens world trade. The impacts on the wider global economy could be profound. So what happened to all that talk of supply chain resilience?We have drafted in a couple experts this week to help me make sense of it al…

A tipping point has been reached in the Red Sea. The industry is now divided between those who have called the Middle East security risk as a mid-term diversion to be managed, and those who are prepared to run the gauntlet of near daily attacks on the basis that the Houthis will only target ships with an Israeli, US or UK nexus.While containerships…

It seems that 27 was the magic number in the end. That was how many attacks the Houthi’s landed on international shipping before the inevitable military response was triggered. On January 12th America and Britain responded with more than 60 sea and air attacks on Houthi targets in Yemen in an attempt to restore open passage, expanding the scope of …

This sponsored edition of the podcast is produced in association with ExxonMobilIn July, MEPC 80 agreed a new GHG strategy with a destination of net-zero GHG emissions by, or around, 2050. But will the fuels be ready and what does ‘net-zero’ actually mean?In this podcast, Christophe Pouts and Ken Kar of ExxonMobil address the challenge of reaching …

The new International Maritime Organization secretary general Arsenio Dominguez joins the Lloyd’s List Podcast this week to discuss the challenges ahead, his leadership style and just how much influence the 'SG' really has in setting the industry’s agenda.Happy new year to all Lloyd's List Podcast listeners…

Join Jamie Mauldin, a principal in the Energy and Utility Practice Group, as she navigates the landscape of rising costs impacting your gas bills. Explore the root causes behind these escalations, gain insights into their unfolding, and uncover what to anticipate for the future. Tune in for an authority's analysis of the forces shaping our energy e…

Each year, Lloyd’s List likes to gather a group of industry leaders, lock them in a room and not let them leave until they have divined the fate and fortunes of the shipping industry for the year to come. And that’s what we did this week in London at the annual Lloyd’s List Outlook Forum. Having gathered a baseline of crowdsourced knowledge from th…

Three of the five International Group affiliates that have announced strategies for the 2024 renewal have included sweeteners totalling more than $80m. But are the payouts as generous as they look? This week’s edition of the podcast offers a deep dive into the P&I landscape at the halfway point in renewal season. Lloyd's list Insurance Editor David…

Two of the shipping industry’s leading academics, Professor Siri Pettersen Strandenes and Dr Martin Stopford join the podcast this week to discuss everything from the shifting nature of shipping economics to the digital and logistic solutions they would urge the industry consider in response. To hear more about the topics discussed in this week’s e…

On pretty much every metric you care to think about right now, the industry does not have sufficient pace behind the transitions required. But you knew that already, so we are exploring the reasons why in a little more depth in this week’s edition of the podcast. Like last week’s edition these conversations all stem from around the recent Global Ma…

The zero emission capable ships may be coming, but they are not coming quickly enough. But even if we squint and avoid the question of how environmentally friendly a theoretically environmentally friendly ship really is, the ships aren’t really the biggest problem right now.It’s the lack of zero carbon fuels coming down the pipeline that’s keeping …

In a world rife with cascading crises – macro-economic fragmentation, retreating development, multilateralism under attack and of course the defining challenge of the age - climate change – maritime trade serves as a stabilizing anchor, holding fast against the turbulent currents of disruption.But it is changing. Russia’s invasion of Ukraine shifte…

TWO years ago Federal Maritime Commission chairman Daniel Maffei sat in front of the Lloyd’s List microphone and bluntly told the container carriers to buck up their public relations.They needed to do a better job of explaining the economics of container shipping and the industry’s essential role in supporting commerce, was his basic beef. Well, a …

Join Employment Law associates, Michelle White and Jessi Maynard, as they deliver the latest employment law update in their insightful episode. Dive into the recent legal changes surrounding workplace accommodations, focusing on pregnancy, religion, and disability updates. They enrich their discussion with real-life examples, offering practical app…

A LLOYD’S LIST SPONSORED PODCAST LNG is a fossil fuel: the groundswell of opinion says it’s the answer to the wrong question. But some nevertheless believe it has significant advantages over alternative fuels and it is a useful steppingstone to the next level.In this podcast, RINA technical director Antonios Trakakis, who is responsible for leading…

AS anybody looking to renew a fixed-rate mortgage right now will tell you, these are tough times for those seeking to borrow money.The decade and more in which the outlook for interest rates were “lower for longer”, as central bankers sought to encourage economic activity in the wake of the global financial crisis, are just a memory.The new enemy i…

The International Union of Marine Insurance conference is the annual health check for the shipping industry’s risk cover and as such offers an important, if not at time impenetrably complex view of the sector as a whole. This week’s podcast offers up a clear explanation of everything you need to know about marine insurance from the people who under…

Shipping does like to talk. And this week we have talked our way through sanctions, geo-political risk, diversity, digitalization and of course the big green elephant in the room at every event – decarbonisation.So as London International Shipping Week puts the champagne flutes in the dishwasher and sweeps up the last crumbs of canapes from the flo…

Shipping’s decarbonization dialogue is starting to sound a little schizophrenic. For the first half of the year all we heard was that the IMO was not going far or fast enough and everyone was lobbying for a 1.5 degree alignment in terms of the 2050 decarbonisation targets with some stringent 2030 and 2040 waypoints. We didn’t quite get there, but w…

Forecasts are difficult, especially about the future. But shipping’s focus for a while now has been squarely on 2050 when, let’s face it, the majority of those making bold pledges about the industry’s transformation are not going to be around to observe the accuracy of their optimism. Setting out what’s achievable by 2030 is more difficult, arguabl…

Join Jeffrey Reed, a principal in our Air & Waste Practice Group, as he explores the TCEQ's Audit Privilege Act Program. Gain valuable insights to enhance your organization's environmental compliance efforts.Από τον Lloyd Gosselink Rochelle and Townsend, P.C.

EIGHTEEN months in, it’s perhaps not a shocker to hear that the shipping industry is still struggling with the complexities of the ever-evolving sanctions compliance regime they find themselves navigating. But the geopolitical realities of the situation that lies ahead are now starting to hit home. Shipping is trading in an increasingly bi-polar po…

It seems we find ourselves in an era of “cascading crises”. The de-risked, de-coupled, low growth, fractious trading environment that the industry is navigating today is laden with uncertainty. China’s growth engine is sputtering. The consequences of sanctions and regional bloc economics is creating a bi-polar political and trading environment and …

THE world economy is slowing down. Last month China reported that its economy grew by a mere 0.8% in the second quarter compared with the prior three months. The much anticipated post Covid pick up has seen the Middle Kingdom return with a whimper rather than the hoped for roar after the government finally abandoned its “zero-covid” policy in Decem…

THIS IS A SPONSORED PODCAST IN ASSOCIATION WITH EAGLESTARIn this podast, Eaglestar managing director Capt Peter Liew discusses how to future-proof the ship manager at a time of change, and how to position the business to be competitive.For most of its life, Eaglestar was the in-house manager for Malaysia’s MISC. Now fully independent, it has found …

The immediate disruptions of the pandemic may have eased, but has the industry learned sufficient lessons to prevent the same chaos next time around? Shippers need to plan ahead for both known and unknown disruptions according to the panel of experts we gathered for this week’s edition of the podcast.Discussing how to build supply chain resilience …

We now know what shipping needs to do by 2050. We have a pretty good idea of what 2040 and even 2030 looks like on paper. But after the big political showdown in the IMO earlier this month we’re now looking at the difficult detail of what follows. This is something of a recurring theme for the Lloyd’s List podcast, so as regular listeners will well…

Moin Ahmed is one of two candidates nominated for the position of secretary general with a seafaring background.(The other candidate is from Türkiye).After 10 years at sea Ahmed came ashore to work at Bangladesh’s national shipping line, but his journey to the International Maritime Organisation began when he was posted to the UK as the company’s E…

Few people in shipping can claim to be a best-selling author but the book published in 1985 by Dominica’s candidate, Dr Cleopatra Doumbia-Henry, The Carriage of Dangerous Goods by Sea, is a text that thousands in international maritime law will be familiar with.Doumbia-Henry concluded her eight-year term as president of Sweden’s World Maritime Univ…

Suat Hayri Aka, Turkiye’s candidate for the secretary general’s position at the International Maritime Organization, has probably the most diverse curriculum vitae of all seven candidates standing for election on Tuesday. He began his career as a deck officer, and after time at sea went ashore to work in shipmangement and other maritime businesses.…

Well-known Zhang Xiajojie has run a low-key public campaign for the position of secretary general but the former head of delegation for China at the International Maritime Organisation is confident he is in with a decent chance.He began his career in the Ministry of Transport in 1994 and has travelled as part of the Chinese IMO delegation to London…

From a little girl in rural Kenya who listened to the sounds of the sea from cowrie shells to candidate for the top job at the International Maritime Organisation – Nancy Karigitu’s long maritime voyage may end with her becoming the first African and first woman secretary general in its 70-year history if she is elected next Tuesday.Karigitu was am…

MINNA Kivimäki is the second candidate for the position of secretary general of International Maritime Organization featured in the Lloyd’s List podcast ahead of voting next Tuesday for the top diplomatic job in shipping.The four-year appointment begins on January 1, with the winner to succeed the incumbent over the past eight years, South Korea’s …

THE International Maritime Organisation votes next Tuesday to replace its secretary general and seven countries are fielding candidates for the top diplomatic job in shipping.The four-year appointment begins on January 1, with the winner to succeed incumbent over the past eight years, South Korea’s Kitack Lim.Bangladesh (Moin Uddin Ahmed), China (Z…

The Lloyd’s List traditional mid-year health check on shipping’s core sectors highlighted a few underlying conditions in box and bulk but found tankers feeling much better after a period of prolonged depression. Join our resident specialists for a thorough examination of all that ails the maritime markets this week. Our traditional mid-year health …