The offshore drilling market is ripe for consolidation. The sector continues to face challenges managing an oversupplied, highly competitive market combined with overleveraged balance sheets, weak liquidity and stressed financials. Read more in Splash!
Cruise operators still searching for reset
A restart to full operations can’t come soon enough for cruise lines, whose financial position has become increasingly precarious given high debt levels incurred from fleet expansions and the fund raising required to survive the current crisis, Maritime Strategies International (MSI) said in a report. Read more here
Dry bulk shipping rates reach highs due to strong demand
The dry bulk shipping sector posted its best first half year performance in a decade with rates for Capesize, Panamex and Supramax vessels topping US$30,000/day, Freight Waves reported on 28 June. Read more here
No Letup Yet In Dry Bulk Shipping’s ‘Remarkable Rally’
“This year’s remarkable rally is yet to run out of steam,” said Maritime Strategies International in its latest outlook. Read more in the Shipping Tribune
MSI adds Annual Efficiency Ratio values to MSI HORIZON platform
‘ “The Poseidon Principles AER trajectories are a market measure not a regulation but their alignment with IMO goals makes them an important measure of success in shipping’s decarbonisation efforts,” says Dr Adam Kent, Managing Director, MSI. ‘ Read more in Hellenic Shipping News
MSI urges Poseidon Principles to adjust efficiency calculations
Shipping research company Maritime Strategies International (MSI) said there is a “pressing” need to adjust the ship energy efficiency calculations used by major banks under the Poseidon Principles. Read more in TradeWinds
Less than one in two ships comply with the annual efficiency ratio created by the Poseidon Principles
UK consultants Maritime Strategies International (MSI) has added annual efficiency ratio (AER) calculations used in the Poseidon Principles to its Horizon platform … Read more here
‘Cruising’s restart can’t come soon enough’ says MSI director Niklas Carlen
Cruising’s restart can’t come soon enough for an industry that has effectively been closed for business during the last 15 months, says Niklas Carlen, Director, Maritime Strategies International(MSI). Read more in Seatrade Cruise
MSI adds Annual Efficiency Ratio values to MSI HORIZON platform
Maritime Strategies International has added an Annual Efficiency Ratio (AER) calculation of vessel CO2 emissions to over 21,000 ships in its HORIZON asset valuation platform. Read more
Can tanker owners hope for a better second half performance?
While the spot market languishes, the timecharter market hints at increased optimism, writes Tim Smith, MSI. Read more in Splash