Archives for posts with tag: Shipping

Among the many specialised vessels to be found within the diverse world of shipping are Floating Production, Storage and Offloading (FPSO) units, which are used to exploit offshore oil and gas fields. Although few in number compared to say, tankers, they tend to be high-value units, and market cycles in the FPSO sector make for an interesting comparison with more conventional shipping markets.

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

 

This week, the US announced that further tariffs on a wide range of imports from China will come into force from Monday, with China confirming retaliatory measures. These developments represent an escalation in the dispute over trade between the two countries, and against this backdrop, it is worth taking another look (see SIW 1327) at the potential impact of tariffs announced this year in a shipping context.

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

On 15th September 2008, the collapse of Lehman Brothers crystallised the financial crisis and the onset of the worst economic downturn for a century. To a shipping industry used to extreme cycles but transitioning to recession with rapid trade collapse and a huge newbuilding orderbook the initial shock was severe and the “hangover” prolonged. This week’s Analysis compares the situation almost ten years to the day.

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

 

Vessel recycling experienced a positive start to 2018, and by the end of Q1 was noticeably up year-on-year, in annualised terms. However, since then, the pace of scrapping has slowed. Partly, this is a result of improved sentiment during Q2, for instance in the dry bulk, gas, and offshore charter markets. But scrapping slowed over the summer, and now further issues have reared their head.

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

Next month over 50,000 will gather for the biennial SMM fair in Hamburg. Since the last fair (coinciding with the lowest ever ClarkSea Index!) there have been major developments, not least in environmental regulation. Despite an eroding newbuild orderbook, a modest uptick in ordering and recent enthusiasm for scrubbers are set to combine with plenty of positive discussion around technology and digitalisation!

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

The summer of 2018 has been a scorcher! Now that suits some people pretty well of course, but if you happen to be, say, a phlegmatic British shipping analyst sizzling away in the City of London, this sort of heat can leave you pining for the cold and wet to which you are accustomed. So in a spirit of escapism, this week’s Analysis uses Clarksons SeaNet data to take a look at activity in the lovely, chilly north…

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

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.