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Daily Briefing March 1 2024

Red Sea crisis deals blow to Piraeus’ standing as East Med’s transhipment king | Shipping prepares for its first dance with carbon trading | IMO to adopt ‘practical’ mid-term measures to put decarbonisation back on track

Daily Briefing



 

 

Analysis and Comment

 

The Lloyd’s List Podcast: Why the flagging standards of flag states are a problem for everyone

Between dark fleet ships evading sanctions and fraudulently flagged ships disappearing off the radar completely, there is a growing number of old, unsafe ships trading outside of the established rules based order of global trading standards. At the heart of the problem are flag states that fail to offer basic oversight of the ships they purport to regulate and that gap threatens a environmental catastrophe

Lloyd's List The Shipping Podcast Regulation Safety



Special Report: Outlook 2024

Global maritime trade is down in 2023, but it has proven remarkably resilient to successive shocks to the system. A proliferation of protectionist obstacles to international trade and investment, however, could prove to be a much bigger barrier — even for shipping’s endless adaptability Click here to view the full report

 

FREE TO READ Wall painting of Chinese ship of Admiral Zheng He
Shipping can adapt to anything as long as trade remains global

Global maritime trade is down in 2023, but it has proven remarkably resilient to successive shocks to the system. A proliferation of protectionist obstacles to international trade and investment, however, could prove to be a much bigger barrier  even for shipping’s endless adaptability

Tanker Yuriy Kuchiev in the Arctech Helsinki Shipyard in Helsinki, Finland
Tankers: Will the market take the hard road or an easier pathway in 2024?

Forget the fundamentals; geopolitics will likely play an outsized role in the tanker markets in 2024

Bulk carrier ship loads its cargo of genetically modified soya, in dock , Rio Grande, Brazil, South America
Dry bulk: Q4 rally could breathe life into seasonal slumber

Record grain exports from Brazil and continuing restrictions in the Panama Canal have been buoying up healthy demand

Aerial view of a mostly empty containership leaving the port of Savannah, Georgia, USA.
Containers: Box shipping swings into down cycle

Container shipping is in one of its cyclical downturns; it will need discipline to contain capacity if rates are to recover to profitable levels

 

The Lloyd's List Podcast

  

 




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