Archives for posts with tag: Containers

A common ‘rule of thumb’ statistic in shipping market analysis, in order to give an idea of prospective capacity growth, is the orderbook expressed as a percentage of the existing fleet. Today, at a global fleet level, that figure stands at a historically relatively low level in dwt terms (10%), but what does that actually tell us? This week’s Analysis takes a look at the pros and cons of this widely used statistic.

 

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

The container shipping sector derives many of its characteristics from the dual but separate nature of the freight and charter markets, and 2018 so far has seen some distinctly ‘two-tier’ trends in the box shipping space, with freight and charter rates experiencing a clear difference in performance. What has caused that to happen, and how likely is it to be sustained?

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

The last few months have seen increasing friction surrounding trade globally, with the US and China in particular making headlines for announcing proposals to introduce new import tariffs. These developments have raised concerns over a potential negative impact on seaborne trade volumes, but how much trade could actually be affected? The devil is in the detail, so this week’s Analysis takes a closer look…

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

From one viewpoint, given the huge range of companies involved, the ownership of the world fleet can look quite fragmented. But from another, the prominence of larger owners who account for the majority of tonnage is quite clear too. Upon closer inspection however, some sectors appear proportionally more likely to be home to the bigger, more diversified players than others.

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

In June 2016, the ‘Neo-Panamax’ locks at the Panama Canal opened to commercial traffic, enabling a much larger proportion of the world’s fleet to transit the canal. Nearly two years on, official dimension restrictions at the Neo-Panamax locks are being amended, with an even greater share of the fleet theoretically capable of passing through the canal from 1st June onwards.

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

As the shipping community begins to gather for Posidonia, this week’s analysis reviews the market leading position of Greek owners. Ten years on from the financial crisis, Greek owners have expanded their control of the world fleet from a 13% to 17% share, today operating some 218m GT (370m dwt) valued at USD 105 billion. Certainly worth raising a glass (or two) while enjoying the parties and cocktails!

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.