Archives for posts with tag: shipbuilding

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.

Advertisements

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.

 

There are many ways to measure the size of the multiple sectors that make up the global shipping fleet of c.97,000 vessels and c.1.4 billion GT. Some of these metrics, including the aforementioned vessel numbers and GT, show the fleet to be weighted more heavily in some areas than others, but there’s another equally important measure which appears to show an uncannily more even spread…

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.

The shipping industry has faced some challenging times since the global financial crisis, including some tough markets and for many a difficult financing environment. However, to keep the wheels of the world economy turning shipping still requires substantial investment, and here we track the total in the post-downturn decade 2009-18 – still a cool one trillion dollars!

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