Archives for posts with tag: Clarkson Research

Once in a while, one of the many statistics regularly updated in Shipping Intelligence Weekly reaches a major milestone, and this month we have a significant one to reflect upon. As of May 2019, for the very first time we have been able to report on a global shipping fleet comprising over 2 billion deadweight tonnes in capacity. This week’s Analysis reviews the progress from the first billion dwt to the second…

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

Offshore exploration has been challenged since the onset of the downturn. There have been some major discoveries in countries such as Guyana and Mauritania, but oil company exploration spending remains significantly lower than pre-downturn outlay, and in 2018 offshore discoveries fell to the lowest level in around 50 years. That being said, might there now be signs of some improvement to come?

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

Sale and purchase has long been a central part of the shipping markets, and with 13,800 units reported sold secondhand across the shipping and offshore sectors over the last decade, this clearly remains the case. In fact, 2017 was a record year for S&P volumes with 2018 not too far behind. A range of factors influence secondhand transaction volumes; comparing ‘liquidity’ across sectors highlights some of these.

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 offshore sector has seen some impressive gas projects over the last decade, from the development of the vast South Pars/North Field to the start-up of pioneering mega-projects off Australia and the introduction of FLNGs. Accounting for 32% of total gas output, offshore gas is now a key part of the global energy mix. But similar could be said of US shale gas. So how do shale and offshore gas measure up?

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

Building trade tension between the US and China featured heavily in the headlines in 2018, driving concerns over the possible impact of the ‘trade war’. Both countries imposed new tariffs on a wide range of goods during the year (see SIW 1340 for discussion of the ‘shipping context’), but how has the seaborne trade environment actually been impacted by the dispute?

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

In 2018 the ClarkSea Index had a very strong Q4, with the average in the final quarter well above that registered across the first three. It’s well known that shipping markets can be seasonal, and studying our ClarkSea Index illustrates that fairly well. But how seasonal actually are they, how far did last year’s Q4 stand out, and how much does a strong Q4 tell us about the year to come?

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