Archives for posts with tag: Containers

In these extraordinary times, the cancellation of school exams has been one of many unprecedented events. As we examine performance in our half year report, this is not an option for the shipping industry as it battles through the many challenges (and some upside) that Covid-19 has brought: a severe 5.6% drop in seaborne trade; a 10% drop in port activity; sharp declines in demolition and newbuild ordering.

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

Relations between the US and China have been back in the headlines recently, with tensions seemingly on the rise once more. For the shipping industry, the US-China ‘trade war’ was one of the key issues of 2018-19, and the ‘phase one’ trade deal in early 2020 was an encouraging sign that US-China trade could pick up. But with Covid-19 dominating trends in the year to date, how have volumes fared so far?

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

 

The ‘shock’ to the world economy from the Covid-19 pandemic is exerting clear pressure on seaborne trade. Significant uncertainty remains over the outlook, but current projections suggest the sharpest fall in global seaborne trade for over 35 years in 2020. However, impacts vary across the shipping sectors, with some commodities appearing more heavily exposed to disruption than others.

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

 

As observed in our Shipping Market Impact Assessment (see SIN), some sectors of economic and seaborne activity are more heavily exposed to the impacts of Covid-19 than others. Previous Analysis has, for example, focussed on global oil demand (SIW 1417), and here we consider the effects on global container trade, the magnitude in a historical context, and the potential nature of the impact as it develops.

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

In last week’s Analysis we noted that the impact of the Covid-19 outbreak could lead to months of major disruption and a “bumpy ride” for the shipping markets. This week we take a look back through our long history of seaborne trade data and review the differences between the impacts of previous major disruptions on the periods that followed…

 

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

So often shipping market observers’ attention centres on new ships but shipping’s ongoing fuel transition has also focussed discussion on the older, often less fuel-efficient tonnage in today’s world fleet. In order to understand how the phase out of older ships might look, and estimate its potential impact in certain areas, it”s worth taking a look at the age profile of the world’s tonnage in more detail.

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

A shrinking global orderbook has been one of the more persistent features of the post-financial crisis years, with the volume of tonnage on order now down to c.30% of peak levels. However, a substantial volume of newbuild investment has still taken place over the period as a whole, and a greater focus on specific vessel types has left the current orderbook looking very different to a decade earlier.

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

 

As Analysis in SIW 1,395 illustrated, vessel speed dynamics have been a notable part of the shipping market story over the last decade or so. With another full year of average vessel speed data to examine, it’s a good time for an update, focussing in on the trends last year in particular but also re-visiting the broader importance of tracking vessel speeds…

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

As a whole, the key shipping markets made steps forward in 2019, with our ClarkSea Index on average up by 24% on the previous year. In a number of sectors this came against the backdrop of less than wholly supportive “headline” supply-demand fundamentals. Whilst these remain of primary importance, other notable factors have clearly been having a significant impact on market dynamics…

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

 

This weekend marks Chinese New Year, traditionally an important milestone for mainlane container shipping, representing the end of the usually quieter winter season and the chance to look ahead to potentially improving spring trade volumes. The Year of the Pig didn’t prove a highly fruitful one for mainlane trade, so container market players will be glad to see the arrival of the Year of the Rat…

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