Archives for category: Sale and Purchase

From one viewpoint, given the huge range of companies involved, the ownership of the world fleet can look quite fragmented. But from another, the prominence of larger owners who account for the majority of tonnage is quite clear too. Upon closer inspection however, some sectors appear proportionally more likely to be home to the bigger, more diversified players than others.

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

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Since the 2H 2014 offshore downturn, when investment in new exploration and development dried up, many offshore vessel owners will have tended to agree with the child heroine of the 1976 musical Annie: “It’s a hard knock life”. However after three years of setbacks and weak markets, some are now starting to see positives, as a few indicators show encouraging signs. But does that mean it’s time to invest?

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

The Economist’s ‘Big Mac’ Index is a well-known comparison of the relative cost of an item (in this case the ubiquitous burger) in different countries, once the local currency has been converted into US dollars, to provide an indication of the cost of living in various places around the world. In shipping, largely, the dollar rules, but investors still need ways of measuring the cost of potential returns…

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

 

One year ago we reported that it looked like container shipping was “at last starting to build towards something more positive” and that “2016 may well be seen as the year in which the container shipping sector really started to tackle its problems head on.” One year later, it looks like 2017 lived up to at least some of the expectations, with improved market conditions clearly visible.

 

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

After reporting on a range of gloomy statistics in 2016, has shipping been able to pick itself up from ‘rock bottom’? Strong trade volumes, a record S&P market and improving bulker and containership markets have all provided some welcome relief. But challenges in the tanker, gas and offshore markets continue while uncertainty around environmental regulation builds. As ever, it’s been an interesting year!

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

At this time of year, icy conditions are not uncommon, but the warmth of the festive season is usually enough to melt even the coldest of hearts. Going into this year, shipping market activity might have still felt pretty iced up for many, but increased activity in a number of core areas in 2017 has seen the shipping market temperature rise a little…

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

 

2017 is shaping up to be a record year for secondhand sales volumes. Meanwhile, newbuilding activity remains at historically low levels. As a result, the ratio of secondhand to newbuild activity has surged, and while this is an indication of the current market environment, it might also be interpreted as an indicator of the ‘market mechanism’ starting to re-balance industry fundamentals.

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