Daily Briefing May 6 2021
Free to read: Global crew changes paralysed by pandemic ‘chaos’ | UK government urged to step in as furore builds…
SHIPPING & OFFSHORE
UK government urged to step in as furore builds over LOF threat
Lloyd’s faces negative reaction to proposed closure of LOF’s supporting framework as concern over safety, the environment and London’s reputation… Related Stories Shipowners call for EU–India scrapping deal Tanker rates recovery elusive as owners struggle in first-quarter Egyptian court rejects Ever Given arrest appeal
Shipowners call for EU–India scrapping deal
European shipowners urged the EU to help lift living and working standards at South Asian beaches, rather than trying to… Related Stories UK government urged to step in as furore builds over LOF threat Tanker rates recovery elusive as owners struggle in first-quarter Egyptian court rejects Ever Given arrest appeal
Global crew changes paralysed by pandemic ‘chaos’
‘Crew logistics has almost come to a halt, the challenges are intractable,’ says leading shipmanager Related Stories Denmark wants emission rules to target fleets, not individual ships Maersk’s integration strategy begins to pay off Shipowners rank LNG as top fuel in energy transition
Stakeholder self-interest is damaging industry progress
The dire situation for Indian seafarers has prompted charities and leading industry players to set up an emergency relief fund… Related Stories From the News Desk: India’s virus wave threatens crew-change progress It’s high time shipping listened to entrepreneurs Reimposing seafarer travel bans threatens global vaccination push
Maersk’s integration strategy begins to pay off
Maersk bet the farm on selling off non-core assets and focusing on container logistics. The gamble appears to have worked… Related Stories Global crew changes paralysed by pandemic ‘chaos’ Denmark wants emission rules to target fleets, not individual ships Shipowners rank LNG as top fuel in energy transition
Denmark wants emission rules to target fleets, not individual ships
Denmark wants incoming emissions measures to also apply on a fleet-average basis rather than only on individual ships, as it… Related Stories Global crew changes paralysed by pandemic ‘chaos’ Maersk’s integration strategy begins to pay off Shipowners rank LNG as top fuel in energy transition
Egyptian court rejects Ever Given arrest appeal
Vessel’s Japanese owner is ‘reviewing options’ and has 15 days to decide next legal move, UK Club says Related Stories Tanker rates recovery elusive as owners struggle in first-quarter Tanker rates recovery elusive as DHT feels impact of weak market Maersk posts record first-quarter earnings
Shipowners rank LNG as top fuel in energy transition
Despite concerns over methane slip from the maritime industry’s use of LNG, by emissions profile, the gas still outperforms methanol… Related Stories Congress pursues hearings on US maritime funding needs Paul Ioannidis, guardian of the Onassis legacy, dies at 97 Class’ future lies in confidence, not certainty, says BV
Tanker rates recovery elusive as owners struggle in first-quarter
‘Demand [for crude] is partly being satisfied by drawing down on inventories, resulting in reduced demand for transportation,’ DHT said. Related Stories Egyptian court rejects Ever Given arrest appeal Tanker rates recovery elusive as DHT feels impact of weak market Maersk posts record first-quarter earnings