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To mark 2026’s Day of the Seafarer, this edition of the Lloyd’s List podcast asks what shipping has learned from the Strait of Hormuz crisis from a seafarer perspective. Perhaps most importantly, he asks experts whether crews feel empowered to exercise their right to refuse to transit if they feel unsafe, and learns more about how associations and unions are seeking to improve welfare and mental health support during crises. Joining Matt on this week’s podcast are: Helio Vicente, employment affa...
It is a seller’s market at the moment in the ship recycling sector, thanks to a shortage of tonnage. But Hitesh Vyas of the Singapore-based cash buyer Wirana says in this first of six podcasts that this could change, depending on the outcome of the situation in the Gulf.
This episode of the Lloyd’s List podcast is brough to you by Veson. Visit www.veson.com for more information Open, closed, and now open again? Optimism that traffic might return to something resembling normality fairly quickly turned to uncertainty again as the Islamic Revolutionary Guard proclaimed the Strait of Hormuz closed on Saturday. It accused the US of not following its agreement and cited Israeli strikes on Lebanon as rationale for closing the strait again. How, as a shipowner, do you b...
Trusted data is essential for shipping to get the best from the AI revolution, argues Russ Hubbard, Chief Commercial Officer of Veson Nautical. In this podcast, he explains why that is the case and considers the future impact of further AI implementation on maritime companies and their personnel.
IT’S now been two years since the EU Emissions Trading System was extended to shipping. But it hasn’t always been a happy relationship. Shipowners are not necessarily keen paying extra taxes, especially the green variety. Meanwhile operators in Asia are not fond of having to create accounts in EU countries to report and pay their emissions bills, without seeing any of the revenue. On the other side, greens don’t like the ETS because the extra cost per tonne — about €70 to €80 ($81 to $93) over t...
This episode of the Lloyd’s List podcast is brought to you by Veson. Visit www.veson.com for more information EVERY year, seafarers are held for months on end on suspicion of crimes that ultimately, there is little evidence they had anything to do with. Whether its pollution events or, as is increasingly common, suspected drug smuggling, crew are often the only potential perpetrators investigators can lay their hands on. So is there a lot the industry can do to stop this? Once seafarers do land ...
ATTEND any one of the multiple receptions and parties thrown in Athens this week and you would not walk away necessarily thinking anyone in shipping is remotely worried. A packed exhibition with the whole spectrum of industry stakeholders demonstrated shipping’s diversity and vibrance, but quietly, over coffees in corners, there was tangible concern. Markets are good at the moment, ask any tanker owner, but the undercurrent of caution was palpable. On this week’s episode of the podcast are: • Jo...
This episode of the Lloyd's List Podcast is brought to you by Veson SHIPPING is resilient, and many will tell you it thrives on volatility, but the number of and frequency of crises is taking its toll. It’s also preventing the industry from having honest conversations about other, equally meaningful and perhaps even more treacherous problems coming down the track. Are we going to run out of seafarers? Do we really understand AI? Do regulators listen to shipowners and how long can we expect what ...
Speak to a shipowner about bunker supply at the moment, and you’ll find a spectrum of responses. Some are remarkably calm: nothing to worry about, supply is healthy despite the still closed Strait of Hormuz. Yes you might have to pay a bit more, but that’s shipping and you can still operate effectively. Others are decidedly less optimistic. For them, the Strait of Hormuz represents a real threat to bunker supply in major hubs around the world, and spiraling pricing could make some voyages unprof...
You can throw almost every outlook or prediction made for the tanker market in 2026 in the garbage, says Lloyd’s List senior reporter Greg Miller. After all, the US-Iran war and ensuing Strait of Hormuz crisis is perhaps the black swan to end all black swans for the market. More than two months later, the chokepoint remains closed: so what happens to tanker stocks now? To find out, Greg spoke to Deutsche Bank analyst Chris Robertson, who ran through the year so far for tanker stocks and offered ...
THIS week’s edition of the Lloyd’s List podcast looks at the longer-term impacts of the Strait of Hormuz crisis. How much damage to the energy market is already priced in? When are Asian companies expecting the strait to be reopened? And will other nations, such as Indonesia, look at chokepoints in their own waters and wonder whether they can turn them to their advantage? To find out the answers to these questions and more, catch the full webinar on-demand here: https://event.on24.com/wcc/r/5348...
LAST week, delegates once again met in London for the International maritime Organization’s marine environment protection committee. The two editions in 2025, MEPC 83 in April and the extraordinary session in October, generated some of the biggest stories in shipping. To the surprise of many, the net zero framework agreed in April’s meeting was not adopted in October, thanks to stiff opposition from the US and several oil-producing states. Instead, a one-year postponement was agreed, and shippin...
This episode of the Lloyd's List podcast is brought to you by Lloyd's Register DECARBONISATION, changing trade lanes and concerns of seafarer shortages – there is no shortage of reasons for why shipping executives might be losing sleep. But add to that the Strait of Hormuz crisis and the job of running a shipping company has become even more difficult. Our outlook forums are usually a chance to hear from experts from within the shipping industry on what they think are the most important challeng...
This episode is brought to you by Wirana Shipping DOES shipping get a good deal when it comes to ship finance? Is Europe still remotely important anymore as a finance hub? Or has the centre of gravity moved eastwards? And how on earth do you make decisions about multidecade financing with so much uncertainty around decarbonisation regulation? That’s just a taste of the questions we tackle this week, as we try to answer as many as possible surrounding ship finance in 30 minutes. Joining senior re...
JAN-ERIK Räsänen has been on a personal journey that has led him to some new understandings about how to power both future and existing ships towards decarbonisation, he tells listeners to this podcast. He is chief technology officer of the Finnish ship design and engineering company Foreship, which has been part of the consulting engineering inspection and certification group RINA since June 2025. Foreship’s specialism is the passengership sector, but his views are applicable to all ship types ...
How do you actually transit through the Strait of Hormuz at the moment? Are masters worried when they are making the trip? Is it organised or chaotic? Chief executive of the Indian Shipowners’ Association Anil Devli revealed what he has heard from masters that have made the trip at our India Outlook held in Mumbai last week. Chaired by Lloyd’s List’s senior reporter Matthew Rajendra, the panel discussed the procedure involved in making the trip, the plight of seafarers trapped in the Middle East...
Discussion about decarbonisation have moved from technical departments within shipping companies into their commercial and financial teams, the president and chief operating officer of Veson Nautical, Sean Riley, says in this Lloyd’s List podcast. While there is uncertainty around the IMO’s Net-Zero Framework, regional requirements — especially those being implemented by the EU — provide a certainty that cannot be ignored. The continuously evolving and expanding nature of regulations in shipping...
This episode of the Lloyd’s List Podcast is brought to you by Veson. Find out more at www.veson.com/decarb-guide THE accusations of piracy and unlawful interference with freedom of navigation have been coming thick and fast for a while now, but tactics that generate accusations of piracy one day can’t simply be rebranded as “law enforcement” or “counter-narcoterrorism” the next. The fact that governments are currently accusing each other of undermining the basic principle of freedom of navigatio...
SHORTLY before IMO’s 21st Intersessional Working Group on Reduction of GHG Emissions from Ships and its 84th Marine Environment Protection Committee meeting, two leading environmental researchers warn that those meetings’ expected focus on biofuels will not solve shipping’s carbon emissions problems. As Comer explains, decisions on which fuels will qualify under any IMO climate policy are being developed now, along with their corresponding lifecycle assessment guidelines. Any mistake in drafting...
This episode of the Lloyd’s List Podcast is brought to you by Veson. Find out more at www.veson.com/decarb-guide 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. Long before the Strait of Hormuz became the latest global chokepoint to be weaponised a confluence of geopolitical shifts, security threats and an accelerating frequency of legal assaults have been eroding th...
AS the conflict in the Middle East continues, the full effects on global shipping markets are beginning to become clearer. This week’s episode of the Lloyd’s List Podcast once again come to you from our weekly briefing on the Middle East crisis, featuring our journalists and analysts. There’s a focus on the container market and shadow fleet impact, as well as an update on the volume of traffic and operability of ports in the region. Featuring in this week’s episode are: Richard Meade, editor-in-...
COLLECTING data to meet emissions regulations is good for business, two guests from 90POE tell listeners to this latest Lloyd’s List Intelligence podcast. Dhara Patel, Head of Product Performance at the maritime technology provider, 90POE — a name that reflects shipping’s role in transporting 90% of everything — and its Senior Advisor for Performance, Dimitris Argyros, argue that the data that must be collected and reported to meet IMO and regional regulators can also give shipowners and operato...
THE conflict in the Middle East is entering its second full week, and shipping continues to find itself on the frontlines. Vessels have been attacked and seafarers have paid with their lives, as missiles are exchanged back and forth over the Middle East Gulf. The Strait of Hormuz is at the very centre of this conflict’s consequences. The narrow chokepoint is critical to global energy supply, and traffic through it has slowed to a trickle. So is the strait itself effectively closed to shipping? W...
This episode of the Lloyd’s List Podcast is brought to you by Veson. Find out more at www.veson.com/decarb-guide The 2024/2025 P&I policy year came to a close as it always does on the stroke of midday on February 20, marking the culmination of the annual ritual known as the renewal round. The hard deadline is the date by which 85% to 90% of the world fleet must seal its maritime liability insurance cover for the coming 12 months. Admittedly, it wasn’t an earth-shattering experience. NorthSta...
The shadow fleet has started the year under pressure. Millions of barrels of unsold Iranian and Russian crude have accumulated in storage due to buyers switching to unsanctioned barrels at reasonable prices. But as the fourth anniversary of Russia’s full-scale invasion of Ukraine looms, a step change in sanctions enforcement has the potential to disrupt shadow fleet trades much more dramatically. The US is rumoured to be looking at more shadow fleet targets to intercept and usher off into the sc...
Synmax chief executive officer Eric Anderson joins Lloyd’s List Intelligence global head of compliance and regulatory affairs Eric Orsini to discuss how satellite-derived intelligence is becoming essential in offering ‘ground truth’ evidence for illicit activities being conducted in the maritime space.
THE electronic bill of lading has been one of the most talked-about innovations in container shipping for years now. Advocates say it can slash costs, cut fraud, and ultimately unlock an entirely new world of digital trade finance. Sceptics say we've been hearing that promise for a decade — and paper still dominates. The latest DCSA figures put global EBL adoption at around eleven percent. That's growing, but it's a long way from the one-hundred-percent target that container shipping carriers ha...
In the last episode in our series preparing you for the year ahead, we turn our attention to the dry bulk and shipbuilding sector. Senior reporter Greg Miller and markets editor Robert Willmington assess how each market fared in 2025 before laying out what you should be across in 2026, including an increased focus on tonne miles for the dry bulk sector and the continuing interest shown by national governments in shipbuilding as a strategic business. Will China continue importing record amounts o...
SHIPPING’S road to net zero was made longer and more complicated in 2025, a year which was supposed to clear up a lot of the uncertainty hanging over shipowners looking to make investment decisions for years to come. But events at the International Maritime Organization in October’s extraordinary meeting of the Marine Environment Protection Committee mean shipowners must again wait and see if a global carbon price can be agreed, and if so what it means for the future of their fleets. Lloyd’s Lis...
The 2026 container market faces significant volatility, driven by geopolitical upheaval and the potential return to Red Sea transits, which could initially spike rates due to congestion but ultimately lead to overcapacity. Carriers' strong financial positions and strategic capacity management will be key as they navigate rising operational costs and a global fleet imbalance, with too many large ships on order and a declining number of essential smaller vessels.
