Archives for posts with tag: Clarkson Research

In the old song “It’s a long way to Tipperary”, the Irish county in question is “a long way back home”. For shipping it must feel a little like that too. Despite more positive sentiment, a supportive world economy, robust trade growth and slowing capacity expansion in many sectors, truly strong markets might still seem in many cases some distance away. But how far along the way are the shipping markets really?

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

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The shipping markets are renowned for their volatility but today there is one aspect of the industry where the last cycle has taken 20 years. The orderbook expressed as a percentage of the existing fleet, a widely used statistic, is basically back where it was twenty years ago, following a very long cycle indeed, and the trajectory in the meantime is well worth a closer examination.

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

In 1896, Wilbur and Orville Wright began to experiment with flight in their bicycle shop in Dayton, Ohio. But it was another seven years until the brothers successfully flew the world’s first powered aeroplane, with the maiden flight lasting just 12 seconds. Today’s bulkcarrier owners, holding out for loftier earnings, would likely empathise; getting airborne, and staying there, is a real challenge.

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

 

Since the 2H 2014 offshore downturn, when investment in new exploration and development dried up, many offshore vessel owners will have tended to agree with the child heroine of the 1976 musical Annie: “It’s a hard knock life”. However after three years of setbacks and weak markets, some are now starting to see positives, as a few indicators show encouraging signs. But does that mean it’s time to invest?

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

January 26th is Australia Day, a chance to celebrate all things Australian: vegemite, sporting prowess, BBQs, surfing, unusual (and frequently lethal) wildlife, digeridoos, Uluru, Kylie, Mad Max and so on. But from a shipping and seaborne trade perspective, perhaps the most relevant features of Australia are literally from the land ‘down under’, namely iron ore, coal and natural gas.

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

After reporting on a range of gloomy statistics in 2016, has shipping been able to pick itself up from ‘rock bottom’? Strong trade volumes, a record S&P market and improving bulker and containership markets have all provided some welcome relief. But challenges in the tanker, gas and offshore markets continue while uncertainty around environmental regulation builds. As ever, it’s been an interesting year!

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

At this time of year, icy conditions are not uncommon, but the warmth of the festive season is usually enough to melt even the coldest of hearts. Going into this year, shipping market activity might have still felt pretty iced up for many, but increased activity in a number of core areas in 2017 has seen the shipping market temperature rise a little…

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