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Daily Briefing February 23 2024

Fractal Shipping blacklisted as UK marks anniversary of Russian invasion with fresh sanctions | Record US-Europe crude flows as Houthi Red Sea attacks sideline Iraqi imports | More P&I clubs announce renewal outcomes

Daily Briefing



 

 

Analysis and Comment

 

The Lloyd’s List Podcast: The lingering scandal of Brillante Virtuoso

The murder of David Mockett, the maritime surveyor at the heart of the Brillante Virtuoso scandal, continues to cast a long shadow over the shipping and insurance sectors. But for his wife and family who, 13 years after his death have never received payment or compensation, the case remains a daily reminder of the human tragedy behind one of the biggest marine insurance frauds in Lloyd’s of London history

Lloyd's List The Shipping Podcast Law Insurance



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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