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Daily Briefing June 17 2024
Dry bulk: Panama upside to fall, Guinea upside to rise | Box freight rates set to stay high as ports return to pandemic-level congestion | How one small US exporter navigated four years of global disruptions
Sanctions should not stop dark fleet tankers from being scrapped
As more dark fleet tankers are being circulated for scrap those involved in their recycling face being sanctioned themselves
How one small US exporter navigated four years of global disruptions
Greenfield’s forest-products exports touch all the bases when it comes to today’s disruptions. In an in-depth interview with Lloyd’s List, Greenfield execs share their views on how Red Sea attacks, the Panama drought and the Baltimore accident have affected their business
Japan’s Tsuneishi Shipbuilding targets hard sail commercialisation in 2027
MOL has a similar wind-assisted propulsion system Wind Challenger, aiming at 80 vessels by 2035
The Lloyd’s List Podcast: Has shipping’s nuclear option reached critical mass?
There is a growing body of opinion across shipping that is routinely referring to nuclear, alongside carbon capture technology, as the only real options on the table that will allow shipping to fully decarbonise by 2050. Has the previously fringe option of nuclear-powered ships become sufficiently mainstream for the industry to consider leapfrogging ammonia and hydrogen as a more pragmatic solution?
A fresh perspective on disbursement account management — OneCape DA
OneCape DA by Inchcape Shipping Services
Fortescue looking to align bulker conversions with fuel availability
The company doesn’t expect green ammonia supply to be available before 2026
Singapore bunker sales hit four-month high in May
LNG bunker sales reached all-time high at 49,000 tonnes
Dry bulk: Panama upside to fall, Guinea upside to rise
Supply chains for dry bulk shipping have been lengthened by weather and geopolitics. At least some of that tonne-mile upside could unwind during the second half, as Panama ramps up canal transits. On the demand side, China remains the big wild card
Ripples from Brussels’ EV tariffs will be reaching shipping
If Chinese EVs are suppressed today, ships built there could be next, and even the green fuels it produces further down the road
Salvors close in on ‘badly hit’ bulker in Red Sea
Tsavliris has been hired for salvage operation under Lloyd’s Open Form contract
Box freight rates set to stay high as ports return to pandemic-level congestion
The ripple effect from the Red Sea has led to pandemic-level congestion in ports. That is soaking up capacity and pushing rates ever upwards
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