
The View
Lloyd's List's weekly view on the big issues impacting and shaping shipping, providing timely insight and thought-provoking opinion

How to keep the Panama and Suez canals open
Of course there are viable alternative routes. But simultaneous widespread disruption would be a strain on much of the shipping industry, not to mention the global economy

Shipping’s carbon challenge is a case of economic Darwinism
The EU Emissions Trading System is going to be difficult and expensive for shipping. It is without doubt flawed and there are many questions to be answered, but it will start to sift those who have been genuinely charting a new course from those who have been secretly hoping all this will just go away

How to make the 12th package of restrictions on Russian crude actually work
If the West wants to up the ante, increasing the scrutiny of attestation documents is a no-brainer. The proposal that the Danes would inspect Russian tankers would need to be part of a wider push to leverage choke points

Hamburg knuckles down in uncertain times
Food for thought aplenty at the annual Eisbein celebrations and in German shipowners’ boardrooms amid numerous industry challenges ahead. But the illustrious shipping nation is well versed in adversity

What the Maersk and Norden numbers are telling everybody else
Our lifetimes may never again see an era in which sailing vessels from A to B generates returns that make Gates, Zuckerberg and Bezos envious

Welcome to the shipping coalface
Everyone with a well-paid desk job in white-collar shipping services should be properly grateful to the workforce that keeps the industry moving

The contradictions of the Russian oil price cap
More Russian oil than ever before is being carried on sanctions-busting tankers exploiting regulatory loopholes. The entire scheme of sanctions stands or falls by an attestation mechanism that patently isn’t working

This is about more than the future of Euronav
Alexander Saverys’ perspective for tanker shipping is built around a business model that is radically different to the one Fredriksen exemplifies

World Maritime Day ambitions must match the rhetoric
For the IMO’s proceedings to represent anything more than a drinks reception accompanied by a token press release, shipping’s contribution to the fight for a better environment needs to be stepped up

Can shipping be relied upon?
There is a growing realisation in shipping that nebulous net zero pledges are starting to require action and investment, and will be harder to achieve than first thought. The divide between those who can and can’t be relied upon is widening

What is green about methanol?
Maersk is to be applauded for its ambition. But for mass adoption of methanol fuel to make environmental sense, the molecule shipping uses must be truly green — and there is plenty to suggest it won’t be

A week is a long time in politics. Just not when it’s London International Shipping Week
Britain’s schools are crumbling. So is UK maritime policy

Nothing is perfect. Certainly not alternative fuels
For those seeking guidance on what to do next, the MEPC80 targets may have been too weak a signal

What now for the dark fleet?
The dark fleet may be coming out of the shadows, but the cloud it casts over the rest of the industry is not going anywhere

What if Panama Canal droughts are the new normal?
Until now, shipping has always found a workaround to restrictions on using this key waterway. But it won’t be able to do so indefinitely

Ukraine should not fight a just war with unjust tactics
The embattled country has the moral high ground in its fight with Russia. By declaring commercial shipping a valid military target, it abdicates a portion of it

Fires: Now a burning issue
EVs have gone way beyond ‘first kid on the block with a Tesla’ bragging rights and production volumes will increase exponentially. We need to be sure ships can carry them safely

Russia’s naval blockade of Ukraine: Illegal, immoral, inept
Blowing up neutral shipping is in nobody’s best interest. Not even Moscow’s

To err is human. But that’s no excuse for shutting down the Suez Canal
If the industry is to have confidence in the Suez Canal Authority’s pilotage service, extensive retraining and assessment of English proficiency may be required

Shipping’s climate compromise keeps 1.5°C alive, for now
The IMO’s loosely worded climate targets fall short of keeping shipping aligned with the 1.5°C Paris Agreement temperature goal, but they are closer than most expected and keep alive the prospect of global technical and economic measures to come that could yet radically reduce the industry’s carbon output

The IMO must show leadership on carbon emissions or face irrelevance
If China gets its way, fragmented regionalism will replace the United Nations specialist agency as the rule maker. That is not good for world trade and not good for shipping, either

If Greta Thunberg doesn’t shame you, Legal & General Investment Management will
Even if you’re as tired of environmental stuff as Tor Olav Trøim, you’ll soon find out that the more polluting you are, the more it is going to cost you to borrow

US west coast labour talks: There must be a better way
Carriers will welcome the six-year settlement between port employers and dock worker representatives announced this week. But it’s time to move on from ritualised confrontations twice in every decade

Decarbonisation is shipping’s D-Day
Former US presidential contender John Kerry used a speech at Nor-Shipping to compare the industry’s fuel transition to the Allied invasion of Normandy. When a decorated Vietnam veteran uses military metaphors, pay attention

It’s not yet time for Plan B on Russia shipping sanctions
Our industry is providing a second front without the shooting. Let the vice tighten slowly but surely

A Flag of Convenience is one thing. A Flag of Last Resort is another
Sanctions are only going to get more extensive. The past week shows that everybody in the industry — from Ulaanbaatar to the outskirts of Bristol — would benefit from greater situation awareness

The View: Combatting climate change needs passion, not statistics
The climate change activists were not parading around Dubai’s convention centre calling shipping to account: There was no point. Shipping has lost the radical edge that challenges, confronts and contests

Shipping is a target again just for doing its job
When 53 seafarers can be taken hostage in the space of a week and it barely causes a ripple in the international news, it is time for the shipping industry to address why it all too often seen as an ‘easy’ target

Banks learnt sanctions diligence the hard way. Shipowners don’t have to
Sanctions efforts have so far been unrolled more by way of moral suasion and threatened consequences rather than active enforcement. But that is likely to change shortly

The Wimbledon effect should see London still dominate maritime legal market
As long as shipping disputes are by default resolved under English law in English courts, domestic firms have an obvious head start

Dark fleet: Out of mind, but not out of sight
Hundreds of substandard, unclassed, uninsured vessels are routinely hauling Russian oil internationally while avoiding any serious oversight, so why are governments looking the other way and pretending the dark fleet is invisible?

It is still possible for the IMO to translate climate aspiration into action
Shipping’s climate negotiations are a high stakes game of poker, where governments will be looking to make deals in exchange for compromises. It makes little strategic sense to show your hand this early in the game, but real progress can be achieved in the next three months
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