Archives for posts with tag: Shipping

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.

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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.

Since 1.73m bpd of oil output cuts were orchestrated by OPEC in November 2016, oil prices have risen from under $50/bbl to $70-$80/bbl, stimulating the upstream sector but making for a gloomy backdrop to challenged tanker markets in the last 18 months. With this context in mind and following the latest OPEC meeting, it is worth looking in detail at some of the ways OPEC policy has been influencing oil markets…

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

 

In June 2016, the ‘Neo-Panamax’ locks at the Panama Canal opened to commercial traffic, enabling a much larger proportion of the world’s fleet to transit the canal. Nearly two years on, official dimension restrictions at the Neo-Panamax locks are being amended, with an even greater share of the fleet theoretically capable of passing through the canal from 1st June onwards.

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

As the shipping community begins to gather for Posidonia, this week’s analysis reviews the market leading position of Greek owners. Ten years on from the financial crisis, Greek owners have expanded their control of the world fleet from a 13% to 17% share, today operating some 218m GT (370m dwt) valued at USD 105 billion. Certainly worth raising a glass (or two) while enjoying the parties and cocktails!

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

A key driver of seaborne trade growth over the last two decades has been the spectacular economic rise of China. With the Chinese economy likely to gradually mature, the idea of the “next China” for shipping has been often discussed, and India has often been put forward in this context. There are many factors to consider, but in any evaluation of this possibility, trends in India’s energy sector are highly significant.

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

Just prior to Halloween, the UN announced that levels of CO2 in the atmosphere reached new record levels of 403 ppm in 2016. The shipping industry remains a broadly efficient transportation solution in terms of emissions per tonne of cargo, but the news will only increase the focus on what new action may now be necessary, against the spectre of substantial fleet growth over the last decade.

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