Lloyd’s List
Latest From Lloyd’s List
CK Hutchison agrees $22.8bn deal to sell off Hutchison Ports stake
CK Hutchison Holdings has agreed in principal to sell 80% controlling stake of Hutchison Ports group, to consortium led by American investment giant BlackRock, which includes MSC’s Terminal Investment Ltd. The deal includes 90% share in Panama Ports Group, however, Hong Kong-based company states move was unrelated to reports of political pressure asserted by the US and ‘purely commercial in nature’
DCSA opens the door to non-carriers
Originally set up by 10 major ocean carriers, the Digital Container Shipping Association is welcoming participation from further across the container supply chain to improve standards
V.Group unveils crew loyalty scheme
V.Group is rolling out an app-based loyalty scheme for seafarers, modelled on an aviation industry scheme, to boost crew retention
Can the P&I market handle an increasingly volatile shipping industry?
Lloyd’s List’s marine insurance editor David Osler speaks to key P&I executives to take the temperature of the market after this year’s renewal round
The week in charts: Dark fleet safety concerns not reflected in detentions | Transpacific spot rate slide | Trump 1.0 tariffs failed to curb China-US trade
China the most zealous detainer of ships globally, concerns rise over state of US imports on transpacific spot rate slump, and signs of life in the dry bulk market
Disjointed shipping sanctions guarantee failure in advance
A coherent rulebook should not be too much for which to ask