Archives for category: shipping industry

The offshore markets have faced some tough times since 2014, with low utilisation and rates causing difficulties for most companies involved in the sector. As SIW has reported, 2019 has seen several offshore markets start to turn the corner. However, offshore is a complex business, with lots of separate niche sectors which have shown varying levels of improvement. So, let’s have a look at the detail.

 

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.

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.

 

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.

There are a number of key differences between the ‘liner’ shipping business (largely served by containerships) and the world of ‘tramp’ shipping (much of tanker and bulker activity, for example). One of the most obvious is the ‘dual’ nature of the container shipping markets, with separate ‘freight’ and ‘charter’ markets connecting to keep the liner network going. But do they always move in harmony?

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

Across the global seaborne trade spectrum, crude oil is generally seen as a fairly mature element, and average growth of not much more than 1% p.a. across the period since the financial crisis appears to back that up. But in that period there have also been dynamics at play which have had a major impact on tanker demand patterns, and on closer inspection it has not been the slow lane all the way either…

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

 

With the festive season almost upon us, and (for most people!) the holiday shopping done and dusted, it’s a fine time to take a look at the mainlane container trades which deliver consumer goods from Asia to Europe and North America, to get an idea of how full Santa’s sack might be looking. This year dear old Saint Nick might just be rubbing his head in confusion…

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