President Biden claims to be “viscerally angry” about the container lines who he blames for inflation, soaring freight rates, supply chain congestion and much in between. The political theatre of the Ocean Shipping Reform Act was on show in the US this week, but to help explain what it really means for shipping this week’s Lloyd’s List Podcast features two people who really know what’s going on: Federal Maritime Commissioner chairman Daniel Maffei President and CEO of the World Shipping Council John Butler.

The Lloyd’s List Podcast: Why does President Biden want to punch shipping CEOs?

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In just over a week’s time the International maritime Organization will take what could be one of the most consequential votes shipping’s history. 

At an extraordinary meeting of the Marine Environment protection Committee, IMO member states will vote on whether to formally adopt the net zero framework agreed at MEPC83 in April. 

A yes would see shipping adopt the world’s first legally binding carbon price. 

A no would undo years and years and work and dump the industry back where it started. 

Lloyd’s List senior reporter Declan Bush explains what will actually be voted on next weekand outlines the consequences of a yes vote, and perhaps more pertinently, what happens if the answer is no.


Everything you need to know ahead of MEPC

The Gulf of Guinea has been a persistent problem when it comes to maritime security and there is good reason to be concerned that 2019 is only going to get worse. This week’s podcast examines the security situation for shipping talking to Bimco’s head of security Jakob Larsen and Senior Maritime Analyst at Control Risks, Cormac Mc Garry.

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Everything you need to know ahead of MEPC

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