Archives for posts with tag: Gas

Economists use a range of tools to demonstrate the degree of fragmentation, consolidation, or in economic terms, ‘concentration’ across a range of industrial activity. Shipping is often thought of as a fairly fragmented industry, and the shipbuilding industry is today undergoing a period of significant consolidation. How might an economics approach illustrate the prevailing degree of concentration in each case?

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

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Seaborne LNG trade is playing an increasingly significant role in the internationalisation of the natural gas marketplace, a process with many facets including the changing global energy mix, LNG infrastructure projects and technology such as shale gas, FLNG, and FSRU. This week’s Analysis focuses on the key trends, which are covered in more detail in the recently published LNG Trade & Transport 2018.

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

With the industry hoping for better “grades” after the “effort” of recent years, this week’s Analysis updates our half year shipping report showing a ClarkSea Index up 9% y-o-y but still below trend since the financial crisis (see Graph of the Week). After comments of “must do better” and “showing potential” in recent years, do the statistics suggest “extra classes” will again be needed over the summer holidays?

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 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.

Fluid dynamics is the study of non-solid matter: that which is mutable, volatile and mercurial! The analogies with the complex world of gas and seaborne LNG trade are obvious. But just as fluid dynamics is a framework for analysing the maelstrom of physical reality, so too can the gas trade be viewed through various helpful frameworks, for example that of the changing global energy mix.

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