The Lloyd's List Daily Briefing
Free to view: The executive director of Maritime Cook Islands, which has deflagged 12 tankers since May for breaching Western sanctions on Russia or Iran, said the Pacific Islands registry was not being used to facilitate the trade of oil on a so-called ‘dark fleet’ of tankers: https://www.lloydslist.com/LL1150048/Cook-Islands-deflags-12-sanctions-busting-tankers-as-it-rejects-dark-fleet-label-for-registrys-ships
The US Supreme Court recently ruled that the Securities & Exchange Commission cannot sidestep a trial by jury in a federal court when seeking civil penalties. Could this ruling someday apply to the Federal Maritime Commission, hampering its power to enforce the Shipping Act? https://www.lloydslist.com/LL1150042/Supreme-Court-ruling-could-make-it-harder-for-FMC-to-fine-carriers-in-future
Marine insurance policies need to evolve in line with new risks posed by climate change, according to a Dutch marine broker: https://www.lloydslist.com/LL1150051/Marine-insurance-must-evolve-products-to-meet-climate-change-challenges-Krol-argues
Salvors have complained their views were ‘largely’ ignored during the two-year process to review the workings of the Lloyd’s Open Form salvage contract: https://www.lloydslist.com/LL1150050/Salvors-claim-views-disregarded-in-new-LOF-terms-as-usage-plunges
An IMO steering committee has approved a report by Unctad that may sway more countries to support a carbon levy at MEPC82: https://www.lloydslist.com/LL1150049/IMO-report-could-sway-more-countries-toward-carbon-levy
A repeat of last summer’s disruption on Canada’s west coast is on the cards again, with a strike potentially starting in mid-August: https://www.lloydslist.com/LL1150053/August-shutdown-looms-for-Canadas-west-coast-ports
Trafigura-backed TFG Marine has agreed to time charter four newbuilding IMO type II bunker tankers in Singapore from fellow supplier Consort Bunkers: https://www.lloydslist.com/LL1150046/Trafigura-backed-bunker-supplier-to-time-charter-four-new-methanol-tankers
South Korea’s Korea Shipbuilding & Offshore Engineering, Samsung Heavy Industries and Hanwha Ocean were all profitable in the first half of the year: https://www.lloydslist.com/LL1150044/South-Koreas-shipbuilders-profitable-in-the-first-half-of-the-year
China’s New Times Shipbuilding has unveiled an expansion plan with a total investment of Yuan5bn ($689m), pending regulatory approvals: https://www.lloydslist.com/LL1150043/New-Times-Shipbuilding-joins-expansion-trend-with-$689m-investment
Bad weather has seen transits round the Cape of Good Hope fall, with containerships and bulk carriers in particular avoiding the region: https://www.lloydslist.com/LL1150055/Cape-of-Good-Hope-transits-down-again-as-weather-batters-South-African-coast
Specialty insurer and reinsurer SiriusPoint has clinched what is seen as a strategic partnership with Hellenic Hull Management, which has three decades as a marine hull and machinery underwriter in Greece and Cyprus: https://www.lloydslist.com/LL1150056/SiriusPoint-unveils-strategic-marine-insurance-relationship-with-HMA
A seafarer has been evacuated after being rendered unconscious in a fire on board an LPG carrier off the coast of India: https://www.lloydslist.com/LL1150052/Crew-member-evacuated-by-helicopter-in-LPG-carrier-blaze
Yang Ming has appointed Tsai Feng-Ming as the container shipping company’s new chairman to replace Cheng Cheng-Mount: https://www.lloydslist.com/LL1150045/Yang-Ming-appoints-new-chairman-Tsai-Feng-Ming
Leaked oil being carried by a tanker that capsized off last week has reached the Philippines coastline, with salvage efforts still underway: https://www.lloydslist.com/LL1150047/Oil-spill-from-sunken-tanker-reaches-Philippines-coast