Archives for posts with tag: Overview

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.

In 2019, the shipping markets as a whole appear to have ‘warmed’ for the third consecutive year, and some key markets have sizzled at certain points. But at the same time it has been a different story in terms of fresh asset investment. Pulling the two elements together to take a wider reading of the shipping ‘temperature’ can help put this year into perspective…

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

While car carrier market conditions have improved somewhat from the lows of 2016-17, the sector has continued to face challenges this year, mainly on the demand side. Global seaborne car trade has experienced a range of pressures since the global financial crisis, and whilst 2017-18 saw a return to more positive demand trends, seaborne car trade volumes are on track to decline once again in 2019.

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

As last week’s Analysis showed, deliveries from the shipyards have picked up this year, and the fleet has grown more quickly than many expected. However, supply-side growth still looks fairly ‘manageable’ in many sectors, and not only is the orderbook now down to a historically low 9% of the fleet, but currently the ‘effective’ capacity growth in key sectors is being slowed by scrubber retrofit activity…

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

 

The US-China ‘trade war’ has been back in the headlines after reports of a tentative preliminary deal between the countries. The dispute, which began in earnest in Q1 2018, has impacted seaborne trade patterns and global economic sentiment, and suggestions that an initial deal could be reached would be encouraging. Yet clear hurdles and uncertainty remain, whilst trade tensions elsewhere also continue.

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

 

Not for the first time in shipping’s history, the industry’s choice of fuel is sharply in focus. This week we review not just the imminent low sulphur fuel switch, but also the role of alternative fuels in reducing the ~820mt carbon (~2.3% world output) that the shipping fleet produces per year. But for an industry that took over 50 years to switch from wind to steam, the impact may be no less radical and quicker besides!

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.