Archives for posts with tag: Shipping Intelligence Weekly

Following the huge swings of 2020, the container shipping markets experienced extraordinary conditions through 2021, driven by a strong rebound in global container volumes and major upside from severe logistical disruption and port congestion. Though significant operational challenges remained, container freight rates and containership charter earnings set new all-time highs.

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

After showing admirable resilience in 2020, shipping markets performed remarkably last year as trade volume recovery, widespread congestion and modest fleet supply growth contributed to a 93% increase in our cross-segment ClarkSea Index ($28,700/day). This cash influx also supported record S&P transaction levels (145m dwt, $46bn) and the highest newbuild order volumes since 2014 (120m dwt, $107bn).

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

With many holiday season gifts wrapped ready for exchange, this week we look at mainlane container trade to see how busy shoppers have been not just in the run-up to the festive period, but also throughout the year. This year has been extraordinary for container shipping in many ways; surging freight rates and major disruption have been key themes but volumes on the main trades have a big story to tell too…

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

It’s the time of year when many of us are in a race to conclude our purchases in time for the holiday season, but shipowners have been busy shopping throughout the year. Both newbuild and secondhand spending have been on the rise, as notable ‘pent-up’ demand combined with attractive markets in many sectors has increased owners’ appetite for tonnage.

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

After stamping on the brakes in 2020, the car carrier sector is going through the gears nicely this year, and is now seeing the strongest market conditions since before the financial crisis as improved demand and ‘disruption upside’ factors have lent significant support. Detailed analysis will be available in the upcoming edition of Car Carrier Trade & Transport, but here we take a look at some of the key themes…

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

This week’s Shipping Intelligence Weekly is Issue Number 1,500, which provides an ideal opportunity to look back at how the shipping sector has evolved over the last 500 issues since December 2011, as well as all the way back to the very first issue in early 1992. As Clarksons Research statistics show, there’s been plenty to track, including continued growth in the size of the industry since issue 1,000…

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

The world shipping fleet has grown by >39,000 vessels since start 2000, and by >6,000 in the last 5 years (expanding by 7%, and 17% in GT). However, growing vessel numbers has not been a uniform trend across maritime. Notably, key offshore sectors are seeing unit numbers drop, and some shipping segments have also seen numbers ease. Here we take a closer look, and consider some of the drivers.

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

Every year, readers of Shipping Intelligence Weekly are invited to submit their predictions of the value of the ClarkSea Index at the start of November the following year. This time a year ago, there seemed to be optimism that the improvements filtering through to most shipping markets after the mid-2020 lows would continue. However, few could have predicted the extent of improvements that have developed.

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

Amid soaring gas prices and an ongoing supply crunch, global attention has been focussed on gas markets recently. Upheaval has emerged despite a rapid expansion of global gas supply over the last twenty years. Offshore output has played an important role in this growth, and, with the gas sector grabbing the headlines, it’s a good time to look at how this has evolved, and might develop in the next few years.

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

The LNG sector has seen a number of new records set this year, including soaring gas prices in recent months and the highest ever spot charter rates in early 2021. Against this backdrop, LNG carrier supply trends have been less high profile, but new markers have been reached here too; deliveries in Jan-Sep reached a new high of 8m cbm, pushing LNG carrier fleet capacity to over 100m cbm for the first time.

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