Archives for posts with tag: Clarkson Research

The Hongkong and Shanghai Banking Corporation, better known as HSBC, for a number of years proudly claimed to be “the world’s local bank”. The shipping industry is well-known for keeping the wheels of the global trade turning, but, like the famous old bank, it could also be said to be the “world’s local” business too, integral to regional and local economic networks.

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

The last few years have marked a particularly challenging period for the shipbuilding industry, with contracting activity generally remaining limited and many yards facing difficulties. However, focusing on those builders which have been able to take contracts reveals one interesting angle, with the volume of orders per yard heading upwards, driven by both longer term trends and more recent changes.

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

There is a sense that the LNG sector is now gaining some momentum compared to recent years: LNG carrier market sentiment has picked up with firming ordering and dayrates; several major LNG project FIDs look to be near; and the approach of IMO 2020 has made LNG as a marine fuel highly topical. Against this backdrop, interest in ‘small-scale’ LNG is appreciable too. But just what is small-scale LNG?

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

Shipping analysts spend plenty of time assessing the merits of the capacity in the fleet and the volume of seaborne trade. However, there’s another important aspect of the shipping industry which also tells us something important about market activity. Ports and port calls are the joints that hold the trade network together, the origins and destinations of cargoes and the key locations for the ships that carry them.

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

 

Seaborne LNG trade is playing an increasingly significant role in the internationalisation of the natural gas marketplace, a process with many facets including the changing global energy mix, LNG infrastructure projects and technology such as shale gas, FLNG, and FSRU. This week’s Analysis focuses on the key trends, which are covered in more detail in the recently published LNG Trade & Transport 2018.

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

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.

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.