Archives for posts with tag: Shipping Intelligence Weekly

Every year, readers of the Shipping Intelligence Weekly are invited to submit their predictions of the value of the ClarkSea Index at the start of November the following year, with the closest forecast winning a case of champagne. Shipping’s notorious volatility always makes this an interesting exercise, but with significant market shifts over recent weeks, how did last year’s entrants get on?

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

Shipping is a truly global business, with a fleet of almost 100,000 merchant vessels connecting the world’s largest economies and more remote corners of the globe through a network of over 5,000 port locations. However, with hugely varied trading patterns between different shipping sectors, some segments of the fleet are clearly more ‘well-travelled’ than others…

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

 

With IMO 2020, fuel economics and carbon targets firmly at the top of the shipping industry agenda, vessel operating speeds are under increasing scrutiny, with some even proposing speed limits at sea to help reduce fuel consumption and take a step towards future decarbonisation targets. This week’s Analysis looks at the significance of tracking trends in speed over the last decade and going forward.

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

 

The US-China ‘trade war’ has been back in the headlines after reports of a tentative preliminary deal between the countries. The dispute, which began in earnest in Q1 2018, has impacted seaborne trade patterns and global economic sentiment, and suggestions that an initial deal could be reached would be encouraging. Yet clear hurdles and uncertainty remain, whilst trade tensions elsewhere also continue.

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

 

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.

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.

 

This week we review scrubber retrofits, tracking the vessels, yards and volume of tonnage involved. As activity ramps up, and with >1% of the fleet on an annualised basis projected to be off hire, shipping market fundamentals may get a helpful boost. But despite this ramp-up, looking ahead will it be long before our LNG fuel capable vessel count (~800 today) matches our scrubber vessel count (~4,000)?

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