Archives for category: Container

In these extraordinary times, the cancellation of school exams has been one of many unprecedented events. As we examine performance in our half year report, this is not an option for the shipping industry as it battles through the many challenges (and some upside) that Covid-19 has brought: a severe 5.6% drop in seaborne trade; a 10% drop in port activity; sharp declines in demolition and newbuild ordering.

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

Relations between the US and China have been back in the headlines recently, with tensions seemingly on the rise once more. For the shipping industry, the US-China ‘trade war’ was one of the key issues of 2018-19, and the ‘phase one’ trade deal in early 2020 was an encouraging sign that US-China trade could pick up. But with Covid-19 dominating trends in the year to date, how have volumes fared so far?

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

 

Covid-19 has led to a major “shock” to seaborne activity, and we are tracking a range of metrics (see Shipping Intelligence Network) that show the immediate demand side impact in varying ways. However, inevitably some focus has also turned to the shape of the potential future recovery – there are clearly many scenarios, and a growing debate, so a framework for further analysis is a useful step.

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

That recent times have been a good demonstration of shipping market volatility comes as no surprise. There have been more than enough major events to drive significant fluctuations in our ClarkSea Index, and the statistics make this clear. Developments in the tanker sector have recently dominated the index trend in terms of volatility, but that doesn’t mean that every sector has followed quite the same storyline… 

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

The ‘shock’ to the world economy from the Covid-19 pandemic is exerting clear pressure on seaborne trade. Significant uncertainty remains over the outlook, but current projections suggest the sharpest fall in global seaborne trade for over 35 years in 2020. However, impacts vary across the shipping sectors, with some commodities appearing more heavily exposed to disruption than others.

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

 

As observed in our Shipping Market Impact Assessment (see SIN), some sectors of economic and seaborne activity are more heavily exposed to the impacts of Covid-19 than others. Previous Analysis has, for example, focussed on global oil demand (SIW 1417), and here we consider the effects on global container trade, the magnitude in a historical context, and the potential nature of the impact as it develops.

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

Covid-19 has highlighted how aggregate port call data, whilst sometimes imperfect, can be useful. Regular analysis of daily port calls trends in key countries (see our ‘Port Call Activity Tracker’ in the Covid-19 Reports section on Shipping Intelligence Network) is helping us track the impact of the pandemic, and a broader look at port call data also provides context for understanding the disruption to global shipping.

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

In last week’s Analysis we noted that the impact of the Covid-19 outbreak could lead to months of major disruption and a “bumpy ride” for the shipping markets. This week we take a look back through our long history of seaborne trade data and review the differences between the impacts of previous major disruptions on the periods that followed…

 

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

Even for an industry used to disruption events, the impact of Covid-19 has been dramatic. Extracted from our upcoming Shipping Review & Outlook (SRO), our Analysis this week covers some of the underlying trends we have discussed previously (ClarkSea, global trade, energy transition, “manageable” supply, environment, finance), but the disruption “shock” from Covid-19 now dominates.

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

 

So often shipping market observers’ attention centres on new ships but shipping’s ongoing fuel transition has also focussed discussion on the older, often less fuel-efficient tonnage in today’s world fleet. In order to understand how the phase out of older ships might look, and estimate its potential impact in certain areas, it”s worth taking a look at the age profile of the world’s tonnage in more detail.

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