Archives for category: Clarksons Research

The US has traditionally been one of the most significant importers of energy commodities globally, given its large population’s heavy demand for energy (12.8 MWh/capita in 2016, treble that of China). However, US seaborne energy imports peaked in 2005, and more recently exports have taken off, owing to the shale boom. This led to the US becoming a net seaborne exporter of energy commodities in 2018.

For the full version of this article, please go to Shipping Intelligence Network.

It is well known that China ‘turbo-charged’ seaborne trade growth from the early 2000s onwards, as the country’s imports of raw materials such as iron ore, coal and crude oil grew at breakneck speed. Following a 2018 in which Chinese LNG imports represented 60% (15 million tonnes) of net global growth in seaborne LNG trade, it seems only natural to ask, could recent history repeat itself with LNG?

For the full version of this article, please go to Shipping Intelligence Network.

Offshore exploration has been challenged since the onset of the downturn. There have been some major discoveries in countries such as Guyana and Mauritania, but oil company exploration spending remains significantly lower than pre-downturn outlay, and in 2018 offshore discoveries fell to the lowest level in around 50 years. That being said, might there now be signs of some improvement to come?

For the full version of this article, please go to Offshore Intelligence Network.

Providing newbuilding market data has always been a strong focus for Clarksons Research but in recent years there has been a growing need to better understand activity in the ship repair and refurbishment sector. In this week’s Analysis we discuss the reasons behind this interest and present some highlights from a new intelligence flow of ship repair activity now available on our World Fleet Register.

For the full version of this article, please go to Shipping Intelligence Network.

 

Environmental concerns are increasingly to the fore in world political economy, with the global energy mix and questions of “peak demand” for different fossil fuels receiving increasing attention as a result. While there is clearly still much uncertainty around this topic, it is worth exploring how shipping continues to develop alongside the changing dynamics of the global energy mix.

For the full version of this article, please go to Shipping Intelligence Network.

Conditions in the offshore sector have been challenging for several years now, and many on the outside might presume that market signals would still be very negative. But key offshore metrics appear more varied, with some parts of the market having seen greater improvements than expected whilst others remained stubbornly weak. Why do the indicators seem a little mixed, and what do they really tell us?

For the full version of this article, please go to Shipping Intelligence Network.

“Going the extra mile” has become a classic part of “business-speak”, but in the shipping business it can have a more literal meaning. Distance plays a huge role in determining the impact of trade flows on vessel demand, and is therefore a key variable in the shipping market equation. Tracking the changes in the distances covered by seaborne trade is an important element of the demand-side framework.

For the full version of this article, please go to Shipping Intelligence Network.