Archives for posts with tag: shipping market

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.

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Over the last year or so, it has been clear that risks to the seaborne demand environment have been increasing. While there are still plenty of positive drivers, a number of headwinds have clearly developed, and projections for seaborne trade growth in 2019 have been revised downwards since the start of the year. What factors are having the biggest impact, and where have revisions been most pronounced?

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

Conditions in the offshore sector have been challenging for several years now, and many on the outside might presume that market signals would still be very negative. But key offshore metrics appear more varied, with some parts of the market having seen greater improvements than expected whilst others remained stubbornly weak. Why do the indicators seem a little mixed, and what do they really tell us?

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

It is often noted that the shipping market’s component parts make it ‘multi-cyclical’, helpful in an industry where the number of variables is large and volatility prevalent. It seems like this view is a reasonable assumption: at any given time one or more markets may be under pressure but equally circumstances are likely to be favouring other markets at the same time. But how to test it?

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

Across the global seaborne trade spectrum, crude oil is generally seen as a fairly mature element, and average growth of not much more than 1% p.a. across the period since the financial crisis appears to back that up. But in that period there have also been dynamics at play which have had a major impact on tanker demand patterns, and on closer inspection it has not been the slow lane all the way either…

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

 

On a full year basis, containership earnings made further progress in 2018 compared to the previous year, but in many ways it was a mixed year for the liner sector, with the freight market seeing limited improvement overall and vessel charter earnings easing back in the second half of the year. Against this backdrop, what do the end year statistics actually show us?

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

Climate change experts have recently estimated that the last four years have been the hottest on record, but in shipping it feels like a different matter altogether. As a whole the markets do appear to have seen some further gradual improvement in 2018, but without heating up too much. But do wider readings of the shipping ‘temperature’ tell us anything more?

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