Archives for category: shipping

Over the last year or so, it has been clear that risks to the seaborne demand environment have been increasing. While there are still plenty of positive drivers, a number of headwinds have clearly developed, and projections for seaborne trade growth in 2019 have been revised downwards since the start of the year. What factors are having the biggest impact, and where have revisions been most pronounced?

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

This year, the shipping industry is expected to transport 12bn tonnes of cargo. That’s double the volume shipped in 2000 and four times the trade in 1980; the result of economic growth and globalisation. Dry bulk and container trade were at the heart of this in the boom of the 2000s, but both over time and across sectors the seaborne trade growth environment continues to evolve.

 

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

It is well known that China ‘turbo-charged’ seaborne trade growth from the early 2000s onwards, as the country’s imports of raw materials such as iron ore, coal and crude oil grew at breakneck speed. Following a 2018 in which Chinese LNG imports represented 60% (15 million tonnes) of net global growth in seaborne LNG trade, it seems only natural to ask, could recent history repeat itself with LNG?

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

Heavyweights in the political arena are commonly referred to as the “Big Beasts”, but the world shipping fleet has plenty of massive animals of its own. Prominent amongst these are the very large containerships including today’s ‘mega-ships’ of over 20,000 TEU, and together the ships of over 8,000 TEU in size (the ‘big beast’ benchmark back in 2000) now account for the majority of boxship fleet capacity.

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

Providing newbuilding market data has always been a strong focus for Clarksons Research but in recent years there has been a growing need to better understand activity in the ship repair and refurbishment sector. In this week’s Analysis we discuss the reasons behind this interest and present some highlights from a new intelligence flow of ship repair activity now available on our World Fleet Register.

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

 

“Going the extra mile” has become a classic part of “business-speak”, but in the shipping business it can have a more literal meaning. Distance plays a huge role in determining the impact of trade flows on vessel demand, and is therefore a key variable in the shipping market equation. Tracking the changes in the distances covered by seaborne trade is an important element of the demand-side framework.

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

The first quarter of the year is often a seasonally weak period for the shipping markets, and 2019 so far has proved no exception. Although the ClarkSea Index has risen by 13% y-o-y so far this year, it still fell by over 30% from multi-year highs in late 2018 to below $10,000/day by mid-February. Against a backdrop of building demand risks, how severe has this year’s seasonal slide been in a historical context?

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