Good morning. Here's our quick view of everything you need to know today. The Lloyd's List Daily Briefing is brought to you by the Lloyd's List News Desk. Print this briefing The Suez Canal remained closed following the grounding of a fully laden Evergreen-operated 20,000 teu containership on Tuesday, blocking traffic on one of the world's most important waterways.
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THE overwhelming majority of the 230-plus vessels currently tailing back from the Suez Canal in the wake of the Ever Given grounding will not be able to reclaim potentially sizeable out-of-pocket expenses, insurers have warned. Only the handful that have availed themselves of delay cover - which, unlike hull and P&I, is not customary - can expect to make a recovery, they say.
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Cosco has been reluctant to burn LNG on its new ships owing to concerns about a lack of fuel infrastructure.
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Birmingham Airport has achieved ISO 45001 certification following a successful assessment of its occupational health & safety management system by the globally recognised certification body, Lloyd's Register. Image courtesy Birmingham Airport ISO 45001:2018 is the international standard for Occupational Health and Safety (OH&S) Management Systems. It has been designed to provide companies with a framework that elevates the importance of OH&S on the corporate agenda.
2021 March 24 14:52 ESPO congratulates the Autoridad Portuaria de Castellón and the Autoridad Portuaria de Cartagena for renewing their EcoPorts' environmental management standard (PERS). This is the second time that Cartagena achieves the PERS certification and an impressive sixth occasion the Port of Castellón achieves the standard.
Adrian Economakis, chief strategy officer at VesselsValue, says: "The shipping markets are a highly competitive commoditised business with very tight margins and often long periods of operating losses during downcycles. "For shipping companies to survive, they have to ensure they have the lowest possible cost."
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The newbuilding order book was lower than at any time in the last 17 years and the benign supply picture would be amplified by the 'catalytic effect' of upcoming environmental regulations Already Registered? Sign in to continue reading. If content does not display, please refresh your browser. Not a subscriber?
It is not clear what caused the grounding. Initial reports suggested that Ever Given had experienced engine trouble, but a spokesman for BSM, the vessel's technical managers, confirmed that an initial investigation has ruled out any suggestion of mechanical or technical failure
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The LNG newbuilding, to be named Tenergy, will bring the company's LNG fleet to three vessels alongside 65 tankers, including one suezmax shuttle tanker scheduled for delivery next year Already Registered? Sign in to continue reading. If content does not display, please refresh your browser. Not a subscriber?
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Navios group chairman and chief executive Angeliki Frangou said the deal was a transformative transaction, creating 'one of the 10 largest publicly-listed dry cargo fleets'. The merger also gives Navios Partners greater diversification with about half the fleet comprising dry bulk carriers and the other half containerships
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