Sharp swings in container freight rates are likely to continue this quarter as shipping companies struggle to gauge demand amid an uneven global recovery from the coronavirus. Read more in Bloomberg News
Liner Shipping: A lesson in agility
This webinar session will take a critical look at the response of the liner industry to the COVID-19 crisis. In assessing the financial results for the first half of 2020, what can we learn about agility from the front runners, and what is the outlook for 2021? Watch it here
Containership markets plot uncertain course to recovery says MSI
In the first of its new HORIZON Monthly reports, Maritime Strategies International analyses the forces at play in freight and charter markets as well as the impact of global policy on demand. Read more
Second Covid-19 wave ‘will harm asset prices and extend newbuilding slump’, says MSI
With renewed Covid-19 outbreaks in China, the US and some other countries, the London-based consultancy has been modelling the performances of shipping markets in what it describes as a “low-case scenario”. Read more in TradeWinds here
Floating storage play is unwinding but effects are far from over
A recovery in oil demand and production cuts will see stocks drawn down, putting pressure on tanker earnings in the second half writes Tim Smith from Maritime Strategies International. Read more here
Container shipping past the worst
Analysts MSI says container shipping has passed the peak of the health crisis’s impact on demand. But with the speed at which economies and volumes can recover far from clear, the outlook in the second half of 2020 remains shrouded in uncertainty. Read more here
What Gets Measured Gets Managed: The Poseidon Principles and their Impact on the Shipping Industry
Read the article written by MSI Director James Frew here
Chemical tankers at risk from delayed reaction to Covid-19
The chemical tanker market has been relatively strong so far this year, but risks are now beginning to materialise, writes Senthuran Raviraj. Read more
A NEW NORMAL FOR CONTAINER SHIPPING AND OCEAN FREIGHT RATES
The global economy is now heading into uncharted waters as it reels from the impact of the pandemic ravaging the world. In the container shipping market, there has been a slump in demand, albeit without the usual corresponding instability in freight rates. Read more here