Archives for category: Clarksons

One year ago, we profiled the emergence of a ‘pause’ in growth in the LNG sector, with Covid-19 having dampened energy demand, seaborne LNG trade, gas prices and project sanctioning. However, buoyed initially by a cold winter, LNG trade bounced back firmly in late 2020, and 2021 so far has seen a return to more positive trends across the sector, with long-term growth potential still encouraging.

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

Our half year shipping review (see SIW 1,479) profiled “some exceptional individual markets”, and 1H 2021 certainly illustrates how progress in some sectors has been boosted by disruption. Port congestion has hit the headlines and led to notable “disruption upside” for containerships and bulkcarriers in particular. Here we look at some trends indicative of capacity tied up in the various bottlenecks.

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

The car carrier sector was amongst the parts of the shipping industry hardest hit by Covid-19 last year, as car manufacturing ground to a near halt, dealerships closed their doors, and the global economy tipped into a steep recession. However, the sector has since seen an impressive rebound, with trade volumes picking up firmly, idle vessels being reactivated, and market conditions strengthening notably…

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

Contracting activity started to tick up in Q4 2020, and this trend has continued in the opening months of 2021. Ordering has been led by the containership sector, while the Fuelling Transition is continuing to have an impact. Comparing order volumes to previous years can help put current activity into context, as well as shedding some light on potential trajectories

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

Much of the analysis of the impacts of Covid-19 has focussed on major short-term shipping market variations and also the benefits from “disruption upside”. 2021 so far has seen more positive sentiment developing across many shipping sectors, and our ClarkSea Index has laid down a new marker, registering the best Q1 average since back in 2008, before the global financial crisis.

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

Through 2020 our Analysis regularly looked at latest “near-term” shipping demand indicators, first to assess the magnitude of the initial Covid-19 impact and disruption, and then to track improvements in activity and seaborne trade, as volumes recovered in a number of sectors with some of the negative impacts easing back. This week we take a fresh look at the latest readings to check up on recent progress.

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

As the shipping industry embarks upon an unprecedented programme of investment and fleet renewal in order to meet emissions targets, we have been profiling progress so far in the uptake of Alternative Fuels, ESTs, “Eco” engines, scrubbers and port facilities (see SIW 1,450, 1,452). This week we drill down on progress in the bulkcarrier sector, a segment accounting for a significant 35% of global fleet tonnage. .

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

Last week SIW reported that the world shipping fleet (100+ GT) had crossed the 100,000 vessel mark for the first time (see page 14). This week we mark this impressive milestone by taking a look at the world fleet’s progress to six figures, the key statistics as it reached this mark and the components of the fleet’s expansion, before reflecting on the potential nature of the fleet’s future development…

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

The shipping markets have seen major short-term variation and clear examples of ‘disruption upside’ since the onset of the Covid-19 pandemic. Notably in recent times, container shipping markets have surged (see SIW 1,454), and the gas carrier markets are another sector which saw a markedly positive period. Rates are now falling back, but the spike was notable given the pressures seen earlier in 2020.

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

As part of our Green Transition work, this week’s Analysis reviews a rapidly growing market with huge potential: Offshore Renewables. 2020 was a record year for start ups (18 farms, 5.6 GW) and, for the first time, CAPEX committed overtook offshore oil and gas ($51bn vs $41bn). Investments into the “wind” fleet are also gathering pace, with pressures to limit emissions and be “green” across the supply chain.

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