Archives for posts with tag: Clarksons

While car carrier market conditions have improved somewhat from the lows of 2016-17, the sector has continued to face challenges this year, mainly on the demand side. Global seaborne car trade has experienced a range of pressures since the global financial crisis, and whilst 2017-18 saw a return to more positive demand trends, seaborne car trade volumes are on track to decline once again in 2019.

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

Providing an overview of the commercial backdrop and expenditure trends in the offshore industry can be difficult, given the sheer breadth of the assets and regions involved. To help with this, Clarksons Research offers two macro level indicators, the Clarksons Offshore Index and the Offshore Project CAPEX timeseries, which can help explain the structure of and trends in offshore spending.

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

Every year, readers of the Shipping Intelligence Weekly are invited to submit their predictions of the value of the ClarkSea Index at the start of November the following year, with the closest forecast winning a case of champagne. Shipping’s notorious volatility always makes this an interesting exercise, but with significant market shifts over recent weeks, how did last year’s entrants get on?

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

Shipping is a truly global business, with a fleet of almost 100,000 merchant vessels connecting the world’s largest economies and more remote corners of the globe through a network of over 5,000 port locations. However, with hugely varied trading patterns between different shipping sectors, some segments of the fleet are clearly more ‘well-travelled’ than others…

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

 

The Middle East is a significant yet mature area of offshore oil production, accounting for some 28% of global offshore supply from a range of fields, some of which have been producing since as early as the 1950s. A smaller part of the global offshore investment story historically, the region has come to the fore in 2019 as a number of large projects have reached FID in a still challenging global offshore market.

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

 

The US-China ‘trade war’ has been back in the headlines after reports of a tentative preliminary deal between the countries. The dispute, which began in earnest in Q1 2018, has impacted seaborne trade patterns and global economic sentiment, and suggestions that an initial deal could be reached would be encouraging. Yet clear hurdles and uncertainty remain, whilst trade tensions elsewhere also continue.

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

 

Not for the first time in shipping’s history, the industry’s choice of fuel is sharply in focus. This week we review not just the imminent low sulphur fuel switch, but also the role of alternative fuels in reducing the ~820mt carbon (~2.3% world output) that the shipping fleet produces per year. But for an industry that took over 50 years to switch from wind to steam, the impact may be no less radical and quicker besides!

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