Archives for category: shipping

Contracting activity started to tick up in Q4 2020, and this trend has continued in the opening months of 2021. Ordering has been led by the containership sector, while the Fuelling Transition is continuing to have an impact. Comparing order volumes to previous years can help put current activity into context, as well as shedding some light on potential trajectories

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

Last week we reported on some of the recent dramatic swings in asset pricing (see SIW 1,468), noting that these shifts were taking place against the backdrop of an extremely active S&P market. Indeed, after recovering quickly and robustly from the lows of Q2-20, the volume of secondhand sales has jumped to new records in recent months, with the March total an all-time high.

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

Extracted from our upcoming Shipping Review & Outlook, this week’s Analysis profiles recovering trade volumes, an encouraging supply side, the increasingly central role of Green Transition and elements of improved sentiment. While uncertainties around the nature of recovery and pressures from the pandemic remain, our projections suggest trade will return to pre-Covid levels in 2021 and reach 12bn tonnes.

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

The Covid-19 pandemic had a severe impact on offshore markets during 2020. Extracted from our upcoming Offshore Review & Outlook, this week’s Analysis outlines the contrasting fortunes for offshore oil and gas and offshore renewables, some moderate improvements in activity after a tough year, an increasing focus on fleet emissions and an emphasis on “green and tech” in post Covid-19 planning.

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.

With 2020 so far having been clearly dominated by impacts from the Covid-19 pandemic and characterised by major short-term variations in market conditions, in some shipping sectors the second half of the year has so far been shaping up quite differently to the first. The bulkcarrier sector is one illustration of this, with the Capesize market for example having seen different dynamics in recent months.

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

Back in April (see SIW 1,418), aggregate port call data helped our “near-term” assessment of the size of the initial “shock” and disruption to shipping market activity from the Covid-19 pandemic. Across the following six months, the data has formed part of our tracking of the ongoing impact (see our ‘Port Call Activity Tracker’ on SIN), and continues to provide context and framework.

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

The Covid-19 pandemic has had a dramatic impact on the shipping markets this year. Extracted from our forthcoming Shipping Review & Outlook, here we outline the major demand ‘shock’ and initial signs of improvement in some indicators over the summer, as well as the continuation of underlying trends, including the ‘manageable’ supply side and the energy and fuelling transition.

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

30 years is a long time in any sphere, and an even longer time in a fast-paced industry like shipping. The markets of the 1980s seem dim and distant, with a heroic boom and a few crises in between. However, one thing today looks similar: the “classic” orderbook as a percentage of the fleet ratio, a yardstick for assessing future supply growth, is now, at 7.4%, as low as it has been since 1989.

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

Tracking ‘idle’ containership capacity has become something of an institution in the box shipping sector, particularly in the years since the global financial crisis. Back in early 2009 it was reported that around 11% of all containership capacity stood ‘inactive’. Tracking idle boxship capacity through recent years reveals a similar peak during the Covid-19 crisis, but also a rapidly changing picture.

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