Archives for category: Containers

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

 

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.

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.

A shrinking global orderbook has been one of the more persistent features of the post-financial crisis years, with the volume of tonnage on order now down to c.30% of peak levels. However, a substantial volume of newbuild investment has still taken place over the period as a whole, and a greater focus on specific vessel types has left the current orderbook looking very different to a decade earlier.

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

 

As Analysis in SIW 1,395 illustrated, vessel speed dynamics have been a notable part of the shipping market story over the last decade or so. With another full year of average vessel speed data to examine, it’s a good time for an update, focussing in on the trends last year in particular but also re-visiting the broader importance of tracking vessel speeds…

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

As a whole, the key shipping markets made steps forward in 2019, with our ClarkSea Index on average up by 24% on the previous year. In a number of sectors this came against the backdrop of less than wholly supportive “headline” supply-demand fundamentals. Whilst these remain of primary importance, other notable factors have clearly been having a significant impact on market dynamics…

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

 

This weekend marks Chinese New Year, traditionally an important milestone for mainlane container shipping, representing the end of the usually quieter winter season and the chance to look ahead to potentially improving spring trade volumes. The Year of the Pig didn’t prove a highly fruitful one for mainlane trade, so container market players will be glad to see the arrival of the Year of the Rat…

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

Containership earnings made progress through most of 2019, although improvements were heavily weighted towards the larger size segments. Meanwhile, the box freight market generally proved challenging for operators, with limited headway in terms of spot rates, and on average charter market levels were actually fairly similar to 2018. A mixed picture, so what do the annual statistics show?

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