The View
Lloyd's List's weekly view on the big issues impacting and shaping shipping, providing timely insight and thought-provoking opinion
Is the shadow fleet heading for a market downturn?
The shadow fleet have had a profitable run over the past few years, but nascent overcapacity and a potentially significant shift in transatlantic enforcement will be weighing heavily on their prospects during 2026
Venezuela tanker seizure is unexpected twist to advent calendar
Politics sometimes does open the door to the chocolate
Parting of the ways on the Red Sea
NYK’s reluctance is understandable. But owners will be back sooner rather than later
Does a return to Suez even matter?
So much tonnage is going to hit the water in the next couple of years, dragging out a Red Sea return is unlikely to be enough to stave off market decline
Cranes on Mogadishu’s skyline prove there is an alternative to piracy
Things are looking up in Somalia. But the West needs to make sure hope wins big
Suppression is not the same as eradication
An attempted hijacking or kidnap on Hellas Aphrodite ultimately failed, and shipping’s best management practices worked, but this problem isn’t going away
Trump’s Spinal Tap moment is a positive for shipping
The case for free trade needs to be made ‘one louder’
Shipping must quickly adapt to the new world order
Tempers are frayed among officials and industry leaders alike
Subsea infrastructure needs Unclos protection from attack by ships
Cable links should not be weak links
Why a modern tech-enabled maritime hub requires a back-to-basics approach
This week the shipping industry has been wondering how they make London great again. The answers may not be that complicated
LNG doesn’t need the IMO’s help
Pragmatism is called for when writing the rules. That doesn’t mean rigging them to help fossil fuels
Risk appetites are relative in shipping. Due diligence should not be
An inclination to skirt rules in shipping is partly a question of regulatory consistency but also down to dramatically diverging perceptions of risk
Don’t let Russia normalise maritime trade with occupied Ukraine
Even if you can legally take the bookings, the moral imperative is clear: keep your ships away
Make sanctions consistent again
If Western governments are going to tie shipowners’ hands behind their backs, at least make the playbook clear and congruous
The Trump tariff quandary facing ‘Narendra Surrender’
Delhi is dilly-dallying on facing down Donald
From here to Eternity C
However much a booking pays, it might not be enough
Refusing ports of refuge is NIMBYism at sea
If littoral states aren’t bound to offer ships assistance, they won’t do so
Russia sanctions: try, try and try again
After 17 previous goes, Brussels may even be starting to get things right
Eternity C: when war risk insurers don’t face the music and dance
Sorry, shipowners, but underwriters do have the right to decline cover
Some ‘false flags’ are literally just that
Bogus registries have no more validity than forged passports and should be treated the same way
A week is a long time in politics, Middle East edition
After the last few days of craziness, shipowners and marine insurers have earned their Friday evening after-work drink
Israel-Iran: seatrade flows even as the bombs fly
Tanker spot rates doubled, premiums for Israel port calls up threefold. And hundreds dead
Why governments are turning up the heat on flag states
Raise your game or have it raised for you
Ukraine’s ongoing agony could alter the face of shipping forever
Three years after the Russian invasion, many of the subsequent changes to our industry look set to become permanent
Tariff fallout not here yet — but it’s coming
Bookings data and liner company reports confirm that US imports are falling fast as a result of Trump’s tariffs. The US stock market is behaving as if the inevitable economic damage will somehow be averted
US port fees: Two out of three ain’t bad
The second version of the USTR proposals is still unfair and stupid. But not necessarily unworkable
After Trump’s first 100 days, shipping can see the outlines of the next 1,000
US-flag tonnage is already more protected than its equivalent in any other rich country. It’s just about to get more protected still
MEPC83: A faltering step towards net zero
As a feat of diplomacy, the IMO’s agreement on climate is remarkable. As a workable policy for shipping it still leaves much to be desired
Trump, trade and tragicomedy
US imports will be slammed by historically severe tariffs, and US exports by retaliatory tariffs. Then, unless sanity prevails, the Trump administration will hammer both trades with port fees
What shipping can learn from Kipling
Lee Hsien Loong’s speech to Singapore Shipping Week warned the industry of a return to the law of the jungle. And rightly so
Why you should worry about boring IMO debates
Shipping is getting climate regulations whatever happens at IMO. It should care about whether they actually work
The Art of the Deal is striving for win-win. Extortionate port fees would be lose-lose
The industry is utterly dependent on China-built tonnage and nothing is going to change that overnight
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