Lloyd's List: The Shipping Podcast

The global shipping fleet is getting older, but it is also getting more dangerous. As freight rates surged in a tonne-miles driven market, many shipowners delayed scrapping older vessels, which put seafarers, cargo and the environment at greater risk. The industry must now act decisively to improve safety standards amid an ageing fleet, argues the class society DNV who have used Lloyd’s List Intel...

IN a market where free trade is under threat and geopolitical tensions are escalating, decisions get deferred, investment gets scaled back and doing nothing starts being passed off as pragmatic stewardship. There’s no value in making long-term decisions right now. Or is there? For this week’s podcast we want you to put your cynicism on hold and let our editor-in-chief Richard Meade pitch you the o...

In 2021, the International Maritime Organisation, together with the Women's International Shipping & Trading Association, launched a survey to collect some hard data on female representation in the global maritime industry. The second edition of the survey was published last week to coincide with International Day for Women in Maritime 2025 (which was celebrated on May 18th). But the results were...

Last year, both Belgium and the Netherlands, home to the key ports of Antwerp-Bruges and Rotterdam, reported a dramatic decline in the volume of cocaine seized. As the traditional gateways into Europe for legal as well as illegal cargo, this is surely cause for celebration, or at the very least a pat on the back. The only problem? Seizures in Portugal, Italy, Greece and other southern European cou...

Think of a product carried by sea, and the most likely things to come to mind are consumer goods, iron ore, coal, or perhaps even bauxite. But billions of dollars’ worth of illegal narcotics and thousands of species of animal are carried on cargo and containerships every year and smuggled through the world’s biggest ports, particularly in Europe. Before analysing how shipping can get a grip on thi...

Earlier this month, the International Maritime Organization agreed its net zero framework at the 83rd meeting of its Marine Environment Protection Committee. If you’re not sure what was agreed or the impact it will have on shipping, make sure you listen to our MEPC post-mortem episode of the podcast, which is available here. A lot of shipping’s decarbonisation chips have been placed on e-fuels. Th...

Philosophers have for over two millennia debated the irresistible force paradox, usually formulated as ‘What happens when an unstoppable force meets an immovable object?’ Variants of the problem date back as far as China in the third century BCE and ancient Greece. The world got one answer to the question on March 26, 2024, when a Singapore-flagged boxship hit the Francis Scott Key Bridge that spa...

On Friday, some 20 years of decarbonisation work at the International Maritime Organization culminated in a historic agreement, with countries voting 63-16 in favour of an emissions fuel standard with a built-in carbon price. If it Is formally adopted in October, this will be the first binding global carbon price on any industry; a genuinely momentous achievement that will change the future of shi...

Richard Buckley named his company 90 Percent of Everything to reflect shipping’s vital role in transporting the vast majority of everything that is traded worldwide. He is convinced that we’re on the threshold of a new way of looking at ship management, based on his experience of developing software to support what he calls ‘Management by Exception’ (MbE)

Even before Donald Trump pronounced the end of gloablisation, the shipping industry was effectively operating in a self-induced state of paralysis. Uncertainty over a looming trade war, the regulatory cost of carbon and just how long the global current disruption can hide a fundamentally unbalanced shipping market had led executives across the industry to conclude that doing nothing for the moment...

WITH geopolitical risk changing seemingly by the day and policy from the world’s biggest economy updated on a weekly (and sometimes hourly) basis, it might seem impossible for the shipping industry to plan long-term. While this is a sector which thrives on volatility, when assets have 20-year lifespans, some degree of certainty is essential to make prudent long-term decisions. So how can shipowner...

This episode of the Lloyd's List Podcast was brought to you by Wirana - visit www.wirana.com/ for more information GREEN ship finance arrived a few years ago to much fanfare and hope. But times have changed. Lenders face many of the same hurdles as the rest of shipping: Uncertain regulation and technology, plus a lack of clear standards for what is and isn't green. But they also have another chall...

AI “might be the salvation to humankind, or the opposite, as some fear”, says Lars Riisberg, CEO of RINA Digital Solutions, in this Lloyd’s List podcast. Today, with large language models such as ChatGPT giving the general public some understanding of AI’s capabilities, he says that AI “will surely change the way we work dramatically”. During his career devoted to data and its application that goe...

If Chinese shipyards are feeling uneasy right now, it’s perfectly understandable. Last month, in an effort to revive its nearly non-existent domestic shipbuilding industry, the United States Trade Representative’s office unleashed its most potent tax weapon yet against Chinese ships. The US plans to levy exorbitant port fees — in some cases, over a million dollars — for every US port call by Chine...

For years the shipping industry lamented sea blindness among the global political elite. Particularly in Europe, where shipping was more often than not ignored unless it became a pollution problem. Now, amid unprecedented geopolitical challenges, shipping is finally visible and the great powers are scrambling to bolster national interests. Shipping is once again recognised as a strategic sector. D...

February comes with several notable dates for the calendar, but in marine insurance the end of the month means one thing: P&I renewals. Renewals for the International Group of P&I clubs are due on February 20th every year. This was traditionally the first date the Baltic ports were free of ice, and while shipping doesn’t halt for the seasons in the same way it once did, the date has stuck. Lloyd’s...

In 2020, 85 vessels were reported abandoned. In 2023, that number was 142 — a worrying increase, but nothing compared to what was to come. Because in 2024, some 310 vessels were reported as abandoned. That is a 118% increase in just 12 months, and gives 2024 the unwanted record as the worst year for seafarer abandonment, which incidentally it takes from 2023. Abandonment is not a new phenomenon by...

MONDAY February 17 kicks off the first of a crucial series of climate talks at the International Maritime Organization. There are just two intersessional working group meetings, and one Marine Environment Protection Committee left to approve regulations to bring shipping to net zero by or around 2050. Hundreds of negotiators will be working day and night to agree on some combination of a carbon pr...

Freedom of navigation — the legal principle that states ships from any country have the right to sail freely in international waters — is under attack. It has been for some time. But a confluence of geopolitical shifts, security threats and an accelerating frequency of legal assaults are finally starting to erode a fundamental principle of the law of the sea and a pillar of modern international la...

The world economy is still globalised, at least for the moment. But superpower rivalry and the decay of global rules and norms mean that geopolitical tensions are deepening and global maritime trade is being caught in the crossfire, both literally and figuratively. Some of this is happening in plain sight. In the Red Sea, the Houthis redirected maritime trade and the combined naval forces of Europ...

Decarbonisation is perhaps the biggest issue shipping faces, and it’s unique in that it affects everyone, whatever your politics. The question we, and much of the shipping industry asks, is not whether future fuels will become viable one day, but rather which of them will win the race. Of course, we’re often told things like “we see a multi-fuel future” or “we are fuel agnostic”. But besides looki...

Over the last few weeks, we’ve brought you several episodes from our experts here at Lloyd’s List briefing you on what to expect in each respective sector in 2025. Insurance editor David Osler is rounding that series off with a look at what the marine insurance market can expect over the next 12 months. The sector was thrust into the limelight in March last year, when containership Dali allided wi...

THE geopolitical landscape changed seemingly by the hour in 2024, and 2025 has started in a similar vein. Cable cutting, new tranches of sanctions from the outgoing Biden administration and Chinese shipping giant Cosco being placed on a US Department of Defense sanctions for links to the Chinese military – all of that has happened in the first 10 days of 2025. But before all of that though, our ri...

Decarbonisation is one of the most written-about topics in Lloyd’s List. Read our daily briefing on any given day and it will more than likely contain at least one story dedicated to the industry’s journey towards net zero. And there’s good reason for that too. It dominates shipping headlines and touches every corner of our industry and 2025 could be a pivotal year in shipping’s long history. Not...

Reading the runes of this industry is often a futile and thankless task – predictions are regularly wiped out just hours after they are made. Despite that, our markets team assembled to make sure you are as prepared as you can be in our unpredictable sector for the year ahead. Senior maritime reporter Greg Miller discusses tankers and dry bulk, asking why the year started off so well for both befo...