Archives for posts with tag: Technology

Extracted from our upcoming Shipping Review & Outlook, this week’s Analysis profiles recovering trade volumes, an encouraging supply side, the increasingly central role of Green Transition and elements of improved sentiment. While uncertainties around the nature of recovery and pressures from the pandemic remain, our projections suggest trade will return to pre-Covid levels in 2021 and reach 12bn tonnes.

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

As the shipping industry embarks upon an unprecedented programme of investment and fleet renewal in order to meet emissions targets, we have been profiling progress so far in the uptake of Alternative Fuels, ESTs, “Eco” engines, scrubbers and port facilities (see SIW 1,450, 1,452). This week we drill down on progress in the bulkcarrier sector, a segment accounting for a significant 35% of global fleet tonnage. .

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

Despite Covid-19 related disruption early in 2020, repair market activity stabilised quickly last year. This week’s Analysis profiles trends in repair yard work, impacted by regulations including the Ballast Water Management Convention and IMO 2020. Meanwhile, trends related to shipping’s GHG emissions and its wider ‘Green Transition’ look set to offer significant future repair yard work opportunities.

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

After a uniquely challenging year for the shipping industry, our first Analysis of the year reviews some of the dramatic trends from a Covid-19 dominated 2020. Benefiting from elements of “disruption upside”, our cross-segment ClarkSea Index actually ended the year down only 2% y-o-y, experiencing its second highest year since 2010 (after 2019) despite global seaborne trade falling 3.8% to 11.5bn tonnes.

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

With shipping at the start of a unprecedented investment program around fleet renewal and shoreside infrastructure to deal with emissions reduction, SIW 1,450 profiled important progress so far in the uptake of Alternative Fuels, ESTs, “Eco” engines, scrubbers and port facilities. This week we drill down on progress in container shipping, a sector already often subject to a greater degree of consumer scrutiny. 

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

Although the shipping industry is only at the start of a unprecedented investment program around fleet renewal ($1 trillion of newbuild orders this decade?) and shoreside infrastructure to deal with emissions reduction, this week’s Analysis features extracts from our latest Fuelling Transition series profiling important progress so far in uptake of Alternative Fuels, ESTs, “Eco” engines, scrubbers and port facilities.

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

In this week’s Analysis we preview extracts from our latest Fuelling Transition report. Besides our usual update on regulation, technology uptake including alternative fuels, economic impacts and future scenarios, we also present additional analysis on CO2 emissions across the industry (shipping is 2.3% of global emissions), within the main shipping fleets and of individual shipping companies.

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

In last year’s annual review, we profiled a strong expansion phase for the LNG market (12% trade growth in 2019). But this is also an industry with a long “stop-start” history and it looks like 2020 (driven by both Covid-19 and some pre-Covid drivers) will see recent growth stall. Despite these challenges, there remains encouraging long term growth potential and increasing opportunities from the bunkering market.

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

The Covid-19 pandemic has led to disruption across almost every sector of the shipping industry, and in this week’s Analysis we look at impacts in the ship repair market. After a positive 2019, yard closures, logistical difficulties and survey deferrals have all impacted activity levels while scrubber retrofitting has also declined sharply. Despite the immediate challenges, longer term prospects may be more positive.

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

As a whole, the key shipping markets made steps forward in 2019, with our ClarkSea Index on average up by 24% on the previous year. In a number of sectors this came against the backdrop of less than wholly supportive “headline” supply-demand fundamentals. Whilst these remain of primary importance, other notable factors have clearly been having a significant impact on market dynamics…

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