Posidonia told of devastating uncertainty ahead
Shipping faces a standoff in the year ahead as regulators appear firm in their deadlines while shipowners see them as artificial, a Lloyd’s List Roundtable discussion at Posidonia hears
Shipowners speaking at a Lloyd’s List panel at Posidonia expect regulators’ deadlines to be fudged to make them more aligned with the industry’s ability to meet them. The discipline now in evidence has come not from re-engaging with the basics of shipping, but from lack of liquidity.