Archives for posts with tag: Regulatory

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.

 

With IMO 2020, fuel economics and carbon targets firmly at the top of the shipping industry agenda, vessel operating speeds are under increasing scrutiny, with some even proposing speed limits at sea to help reduce fuel consumption and take a step towards future decarbonisation targets. This week’s Analysis looks at the significance of tracking trends in speed over the last decade and going forward.

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.

This week we review scrubber retrofits, tracking the vessels, yards and volume of tonnage involved. As activity ramps up, and with >1% of the fleet on an annualised basis projected to be off hire, shipping market fundamentals may get a helpful boost. But despite this ramp-up, looking ahead will it be long before our LNG fuel capable vessel count (~800 today) matches our scrubber vessel count (~4,000)?

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

In this week’s analysis, we again update shipping’s mid-year report, reviewing progress across a range of shipping sector “subjects”. Our overall ClarkSea Index increased 8% y-o-y in the first half, to move marginally above the trend since the financial crisis. However while some “subjects” still achieve an “A” for effort, others might have to “repeat a year” unless they sit additional classes over the summer!

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

 

Providing newbuilding market data has always been a strong focus for Clarksons Research but in recent years there has been a growing need to better understand activity in the ship repair and refurbishment sector. In this week’s Analysis we discuss the reasons behind this interest and present some highlights from a new intelligence flow of ship repair activity now available on our World Fleet Register.

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

 

We all know shipbuilding is one of the toughest businesses around but just how tough was 2018? Well it seems the answer depends on which unit of measurement you use! Using DWT, ordering fell 14% to 77m dwt while using CGT, a better reflection of the work content of building vessels, ordering increased by 2%. On balance its seems that conditions remain challenging but still improving on the 2016 lows.

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