Archives for posts with tag: Clarksons

Container shipping has long been regarded as one of the most consolidated parts of shipping, and in recent years the containership operator scene, following a wave of merger activity, has become more consolidated than ever before. But behind the big headlines and the global context of box shipping, there’s actually a little more to consider.

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

In such a volatile business as shipping, it is commonly held that shipowners are “paid to take the risk”. As a result of this, earnings from their assets may often be thin whilst they bide their time for the “days in the sun” when they enjoy earnings at the top end of the market range where they make a significant share of their money. Here we take a close look at this distribution of owners’ earnings.

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

Drilling wells offshore always has an element of risk attached, and comes with significant upfront cost. Yet only a few appraisal campaigns end in ‘mega-finds’, and not all wells drilled indicate volumes of oil or gas worthy of stand-alone development. Whilst many such fields were side-lined as ‘non-commercial’ in the boom, since the downturn there has been an increasing push to develop more marginal satellites.

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

The LNG sector is currently in a strong growth phase. LNG trade has expanded rapidly over recent years, by an average of 8% p.a. across 2016-18, and a similar rate of growth is expected in 2019-20. As global focus on environmental issues has intensified and efforts are made to increase usage of ‘cleaner’ fuels, there seems to be further significant growth potential for the LNG sector going forwards.

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

In this week’s analysis, we again update shipping’s mid-year report, reviewing progress across a range of shipping sector “subjects”. Our overall ClarkSea Index increased 8% y-o-y in the first half, to move marginally above the trend since the financial crisis. However while some “subjects” still achieve an “A” for effort, others might have to “repeat a year” unless they sit additional classes over the summer!

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

 

There are a range of indicators that can be used to gauge activity in the subsea segment of the offshore industry, including the number of tree awards, the EPC/SURF contractor work backlog and subsea support vessel utilisation trends, for example. Another is the backlog of subsea trees on order at tree fabricators. So where is this indicator now and what might it suggest about the subsea sector generally?

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

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.