Archives for category: shipping intelligence weekly

There is a sense that the LNG sector is now gaining some momentum compared to recent years: LNG carrier market sentiment has picked up with firming ordering and dayrates; several major LNG project FIDs look to be near; and the approach of IMO 2020 has made LNG as a marine fuel highly topical. Against this backdrop, interest in ‘small-scale’ LNG is appreciable too. But just what is small-scale LNG?

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

Over the ten years since the onset of the financial crisis, it has generally been tough going for the shipping markets, but not without upside at times (see SIW 1339). Today, the bulkcarrier and containership sectors look to have made some helpful progress recently while tankers are lagging behind, but looking at earnings in the major sectors across the last ten years as a whole might just tell a broader story…

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

 

One of the notable features of the shipping markets in 2017 was the record level of S&P activity, with reported sales volumes topping 90m dwt in capacity and more than 1,600 units. After a slow start in early 2018, this year’s activity levels subsequently picked up, but indications suggest a slower Q3 than one year previously. Where does this leave 2018 S&P volumes against last year’s record?

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

Among the many specialised vessels to be found within the diverse world of shipping are Floating Production, Storage and Offloading (FPSO) units, which are used to exploit offshore oil and gas fields. Although few in number compared to say, tankers, they tend to be high-value units, and market cycles in the FPSO sector make for an interesting comparison with more conventional shipping markets.

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

 

This week, the US announced that further tariffs on a wide range of imports from China will come into force from Monday, with China confirming retaliatory measures. These developments represent an escalation in the dispute over trade between the two countries, and against this backdrop, it is worth taking another look (see SIW 1327) at the potential impact of tariffs announced this year in a shipping context.

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

On 15th September 2008, the collapse of Lehman Brothers crystallised the financial crisis and the onset of the worst economic downturn for a century. To a shipping industry used to extreme cycles but transitioning to recession with rapid trade collapse and a huge newbuilding orderbook the initial shock was severe and the “hangover” prolonged. This week’s Analysis compares the situation almost ten years to the day.

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

 

Vessel recycling experienced a positive start to 2018, and by the end of Q1 was noticeably up year-on-year, in annualised terms. However, since then, the pace of scrapping has slowed. Partly, this is a result of improved sentiment during Q2, for instance in the dry bulk, gas, and offshore charter markets. But scrapping slowed over the summer, and now further issues have reared their head.

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