The Lloyd’s List Podcast: The view from CMA

The podcast is stateside this week, coming to you live from the annual Connecticut Maritime Association event in Stamford. Our first interview this week is with Mark O’Neil, chief executive of Columbia Shipmanagement, which manages about 400 ships worldwide and regarded as one of the top performing companies in the sector. He stirred the pot at the CMA at one of the forums by promoting the continuing role of fossil fuels and carbon capture and storage. Our second is a very chirpy Lois Zabrocky, chief executive and president of International Seaways, a New York listed owner of a fleet 77 product and crude tankers that reported $380 million in profits last year. You will find out why Lois is so happy in the second half of this week’s edition, but spoiler alert - most of it relates to tanker owners supply discipline. Despite earning so much money – and no end in sight to the cash machine running out-- they’re not going out and spoiling by ordering new tonnage at shipyards. Box listeners take heed!