Archives for category: shipping intelligence weekly

As the shipping industry embarks upon an unprecedented programme of investment and fleet renewal in order to meet emissions targets, we have been profiling progress so far in the uptake of Alternative Fuels, ESTs, “Eco” engines, scrubbers and port facilities (see SIW 1,450, 1,452). This week we drill down on progress in the bulkcarrier sector, a segment accounting for a significant 35% of global fleet tonnage. .

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

Despite Covid-19 related disruption early in 2020, repair market activity stabilised quickly last year. This week’s Analysis profiles trends in repair yard work, impacted by regulations including the Ballast Water Management Convention and IMO 2020. Meanwhile, trends related to shipping’s GHG emissions and its wider ‘Green Transition’ look set to offer significant future repair yard work opportunities.

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

As part of our Green Transition work, this week’s Analysis reviews a rapidly growing market with huge potential: Offshore Renewables. 2020 was a record year for start ups (18 farms, 5.6 GW) and, for the first time, CAPEX committed overtook offshore oil and gas ($51bn vs $41bn). Investments into the “wind” fleet are also gathering pace, with pressures to limit emissions and be “green” across the supply chain.

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

After a uniquely challenging year for the shipping industry, our first Analysis of the year reviews some of the dramatic trends from a Covid-19 dominated 2020. Benefiting from elements of “disruption upside”, our cross-segment ClarkSea Index actually ended the year down only 2% y-o-y, experiencing its second highest year since 2010 (after 2019) despite global seaborne trade falling 3.8% to 11.5bn tonnes.

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

At this point in the year, with many seasonal gifts having previously started the journey to their destination via containership, we often take a look at how the box shipping sector has been faring. As we approach the end of 2020, we can report not only on a rollercoaster ride through a tumultuous year, but also on a firm rebound, and an almost “perfect storm” leading to some record market conditions…

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

In terms of world seaborne trade, 2020 will no doubt be remembered for the “shock” from the Covid-19 pandemic. But that won’t tell the whole story; this year has also been notable for major short-term swings, with volumes in some sectors rebounding firmly despite the disruption and uncertainties. This week we revisit our monthly ‘basket’ trade growth indicator (see SIW 1,433 in July) to track progress.

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

With shipping at the start of a unprecedented investment program around fleet renewal and shoreside infrastructure to deal with emissions reduction, SIW 1,450 profiled important progress so far in the uptake of Alternative Fuels, ESTs, “Eco” engines, scrubbers and port facilities. This week we drill down on progress in container shipping, a sector already often subject to a greater degree of consumer scrutiny. 

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

While Covid-19 has had major impacts across the shipping industry, few sectors have been more sharply affected than the car carrier sector, with trade down more than 60% yoy at the peak of the disruption. While the sector saw some of the more challenging market conditions across the shipping industry earlier this year and uncertainty remains, more recently an encouraging ‘rebound’ has been seen…

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

Although the shipping industry is only at the start of a unprecedented investment program around fleet renewal ($1 trillion of newbuild orders this decade?) and shoreside infrastructure to deal with emissions reduction, this week’s Analysis features extracts from our latest Fuelling Transition series profiling important progress so far in uptake of Alternative Fuels, ESTs, “Eco” engines, scrubbers and port facilities.

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

This year so far has seen major disruption to seaborne trade volumes from the Covid-19 pandemic (see SIW 1,443), but significant trends have also been apparent on the supply side. Despite underlying fleet growth, trends in floating storage, scrubber retrofitting, and ‘idle’ boxship capacity have led to sometimes dramatic developments in ‘active’ fleet capacity in the major sectors over recent months.

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