Archives for category: Shipping Intelligence Network

In an industry as volatile as shipping, having the right ship at the right time can bring significant rewards, but the other end of the cycle can be deeply painful. As any surfer knows, to ride the waves good timing is vital, but notoriously tricky. For shipowners, tracking movements is also key; assessing the markets is paramount but carefully watching how the cost base is changing is clearly important too…

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

 

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Just prior to Halloween, the UN announced that levels of CO2 in the atmosphere reached new record levels of 403 ppm in 2016. The shipping industry remains a broadly efficient transportation solution in terms of emissions per tonne of cargo, but the news will only increase the focus on what new action may now be necessary, against the spectre of substantial fleet growth over the last decade.

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

Following the lowest year of contracting volumes for over thirty years in 2016, newbuilding market observers could have been forgiven for not looking too hard every month for signs of improvements on last year’s figures. In the early part of 2017 they would probably have been justified, but with more positive sentiment building, recent months have seen an increasing degree of upside on last year.

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

 

It’s a classic movie theme: in order to overcome potential challenges or make the most of upcoming opportunities, the protagonist first has to hit the gym and get bigger, stronger and fitter. Of course, in the movies, this is all shown via montages; in reality, things tend to take a little longer. That being said, the average-sized ship in some fleets has been gaining heft relatively quickly in recent years…

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

A well-known football manager once commented on the “bouncebackability” of his team after they had followed a defeat with a victory. This year and last, global seaborne trade growth, following a weaker performance in 2015, has illustrated its ability to bounce back strongly, and on the back of a range of positive trends is currently expected to reach close to 4% in full year 2017.

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

When shipping markets start to move into the next phase of the cycle following a downturn, sometimes the percentage increases in earnings can look very impressive indeed. But of course they’re generally from a low base. With some of the shipping sectors now moving into a new phase, how else might the improvements be put into a helpful context?

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.