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?

On Friday, some 20 years of decarbonisation work at the International Maritime Organization culminated in a historic agreement, with countries voting 63-16 in favour of an emissions fuel standard with a built-in carbon price.

If it Is formally adopted in October, this will be the first binding global carbon price on any industry; a genuinely momentous achievement that will change the future of shipping.

What they’ve come up with is highly complex and is going to take the industry a while to fully digest.

But fear not, we have three brave experts willing to help make sense of it and tell us, hopefully, what comes next.

Marie Fricaudet is a senior research fellow at the UCL Energy Institute

Aoife O’Leary is a lawyer, economist, and the chief executive of Opportunity Green

And Rico Luman, a senior sector economist at ING Bank

The MEPC post-mortem

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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The Lloyd’s List Podcast: The persistent problem of piracy

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The MEPC post-mortem

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