Archives for posts with tag: Shipping Intelligence Weekly

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.

After five years of declining output, global shipyard output increased marginally in 2019, to 32.8m CGT. However, the recovery in ordering since 2016 reversed, with contracting down 30% despite an improving earnings environment (ClarkSea Index up 24%), underlying demand for tonnage to meet global trade (11.9bn tonnes in 2019) and fleet replacement (23% of tonnage over 15 years).

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

Containership earnings made progress through most of 2019, although improvements were heavily weighted towards the larger size segments. Meanwhile, the box freight market generally proved challenging for operators, with limited headway in terms of spot rates, and on average charter market levels were actually fairly similar to 2018. A mixed picture, so what do the annual statistics show?

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

 

As we close in on the end of the decade, this week’s analysis compares data from shipping’s last forty years. It’s certainly been a tough decade, much of it spent dealing with the aftermath of the financial crisis and working through shipping’s surplus capacity. But it’s been far from a “dead decade”: trade growth of 3.7bn tonnes, 1.2bn dwt of deliveries and an improving ClarkSea Index as we close out…

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.

With Christmas not far away, ships around the world have been busy delivering eagerly-awaited gifts in time for the festive shopping season. Shipowners have been receiving their own ‘presents’ too, with deliveries of new vessels up significantly in the year so far. What’s more, the newbuilding orderbook has perhaps proved more responsive to changing market conditions than some might have expected.

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