Archives for posts with tag: Container

Supply chain “bottlenecks” have made international headlines this year, and in SIW 1,481 we profiled the impact of port congestion on containership and bulkcarrier market conditions. This week we return to the subject to take another look at the impact across shipping, using our port congestion indices (see SIN) to provide updated statistics, put the congestion into context, and identify some of the “hotspots”.

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

Six months on from our last Shipping Review & Outlook, an encouraging market recovery has since developed into a range of exceptional market conditions. And stakeholders across maritime are balancing a focus on returning volumes and management of widespread disruption with an increasing urgency to implement regulation and policy around greenhouse gas emissions reduction.

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

Connecting the Atlantic to the Pacific, the Panama Canal has been an important waterway for global shipping since the inaugural transit in 1914, and the opening of new, expanded locks in 2016 enabled larger vessels to transit. Today, vessel movements data allows us to track transits on a day-to-day basis, providing insight on specific trends at the Panama Canal, as well as at a sector and macro level.

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

On a number of occasions this year (see SIW 1,475 and SIW 1,467) we have reported on our cross-segment ClarkSea Index marking new milestones, including reaching the highest level since September 2008, before the financial crisis, back in May. Since then, the ClarkSea Index has recorded even more notable gains, and at the end of August stood in the top 2% of all values recorded over the last 30 years.

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

We have previously reported that 1H 21 was the best first half for our ClarkSea Index vessel earnings indicator since 2008. Meanwhile, ship prices from newbuild, through secondhand to scrap have also set an impressive pace this year, in many cases moving well beyond start 2020 pre-Covid levels. Here we take a look at a range of price indicators to examine the scale of some of the upward swings.

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

Our half year shipping review (see SIW 1,479) profiled “some exceptional individual markets”, and 1H 2021 certainly illustrates how progress in some sectors has been boosted by disruption. Port congestion has hit the headlines and led to notable “disruption upside” for containerships and bulkcarriers in particular. Here we look at some trends indicative of capacity tied up in the various bottlenecks.

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

A year on from peak trade disruption, we update our half year report for the shipping industry profiling a strong recovery and some exceptional individual markets. While previous years’ reports have mentioned “must do better” or “extra classes needed”, even the toughest of examiners would congratulate (tankers aside!?) shipping’s economic performance during the many continued challenges of the pandemic.

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

Last week we reported on a milestone for the ClarkSea Index (May was the best month since before the global financial crisis), and this week we take a look at one of the key elements: the record breaking performance in the containership sector. In recent weeks our Containership Charter Rate Index has reached a new record level, surpassing the previous high seen back in 2005.

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

Earlier this year (see SIW 1,467) we reported on our cross-segment ClarkSea Index laying down a new marker, with the average in Q1 the strongest for over a decade. Since then, with positive sentiment enduring in many shipping sectors, progress has continued and we now have another milestone to report: in May-21, the ClarkSea Index averaged its highest level since Sep-08, before the financial crisis.

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

A year on from the peak impact of Covid-19 on world seaborne trade, overall volumes have made a strong recovery, returning to positive year-on-year growth territory earlier this year. Following the major variations within 2020, comparing volumes so far this year to the pre-Covid period provides a useful indication of which sectors of trade have seen the firmest recovery and which still have ground to make up.

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