Archives for category: Container

We all know shipbuilding is one of the toughest businesses around but just how tough was 2018? Well it seems the answer depends on which unit of measurement you use! Using DWT, ordering fell 14% to 77m dwt while using CGT, a better reflection of the work content of building vessels, ordering increased by 2%. On balance its seems that conditions remain challenging but still improving on the 2016 lows.

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

On a full year basis, containership earnings made further progress in 2018 compared to the previous year, but in many ways it was a mixed year for the liner sector, with the freight market seeing limited improvement overall and vessel charter earnings easing back in the second half of the year. Against this backdrop, what do the end year statistics actually show us?

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

The ClarkSea Index made steady progress in 2018 (+13% to $12,144/day) taking it above the average since the financial crisis. Tankers had a miserable year before being “saved” by a strong Q4, bulkers consolidated their 2017 gains and LNG finished the year on a high. Fleet growth continues to trend below 3%, with just 11% of the fleet on order, while trade growth eased and needs to be watched closely.

 

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

With the festive season almost upon us, and (for most people!) the holiday shopping done and dusted, it’s a fine time to take a look at the mainlane container trades which deliver consumer goods from Asia to Europe and North America, to get an idea of how full Santa’s sack might be looking. This year dear old Saint Nick might just be rubbing his head in confusion…

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

Climate change experts have recently estimated that the last four years have been the hottest on record, but in shipping it feels like a different matter altogether. As a whole the markets do appear to have seen some further gradual improvement in 2018, but without heating up too much. But do wider readings of the shipping ‘temperature’ tell us anything more?

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

Every year, readers of the Shipping Intelligence Weekly are invited to submit their predictions of the value of the ClarkSea Index at the start of November the following year. Of course, forecasting anything in an industry as volatile as shipping is always a challenge, but with a prize of a case of champagne at stake, many of our readers are eager to give it a go. So, how did last year’s entrants get on?

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

 

Over the ten years since the onset of the financial crisis, it has generally been tough going for the shipping markets, but not without upside at times (see SIW 1339). Today, the bulkcarrier and containership sectors look to have made some helpful progress recently while tankers are lagging behind, but looking at earnings in the major sectors across the last ten years as a whole might just tell a broader story…

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