Archives for posts with tag: demolition

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.

Containership earnings made progress through most of 2019, although improvements were heavily weighted towards the larger size segments. Meanwhile, the box freight market generally proved challenging for operators, with limited headway in terms of spot rates, and on average charter market levels were actually fairly similar to 2018. A mixed picture, so what do the annual statistics show?

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

 

The final year of the decade saw further improvements across the shipping markets with a 24% increase in our ClarkSea Index taking it to its highest level since 2010, principally driven by gains in the tanker and gas segments. Meanwhile the impact of “headline” growth in seaborne trade (1.1% to 11.9bn tonnes) and world fleet (4.1% to 2.1bn dwt) were supplemented by IMO 2020 related “adjustments”.

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

This week’s Analysis outlines recent trends in the shipping markets, in a summary taken from our upcoming Shipping Review & Outlook. From the varying market cycle positions, to economic headwinds, “manageable” supply growth, changing financial landscape, growing focus on environmental regulation and ‘green’ technology, and impacts of IMO 2020, there is plenty to review!

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

 

Those tracking the shipbuilding market spend a lot of time analysing key trends across the major builder countries. But the origin of ships in the world fleet also has implications for the owners, charterers, brokers, financiers, insurers and others who work daily with the active fleet. Here we take a look at how the shifts in the world of shipbuilding have (gradually) filtered through to the fleet over the past 20 years.

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

 

Shipping is often said to provide a good example of classic ‘market mechanics’ in action. Participants react to market conditions, and in turn this contributes to the cyclicality of the business. While factors shaping the demand side are rarely within owners’ control, supply side responses to the state of the shipping markets, including recycling or investment in new tonnage, are often fairly clear…

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

In the H.G. Wells novella The Time Machine, the main character describes how he has travelled thousands of years into the future, using a contraption controlled by two levers. While today’s shipowners can only dream of a machine that could take them through time to the top of the shipping cycle, they do have access to a range of supply-side ‘levers’, which clearly can be used in very different ways.

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