MSI predicts worst may be over for global lines

The actions taken by lines to consolidate services and redeliver chartered tonnage mean the worst of the downturn is over for globally competitive operators, although smaller players such as Yang Ming Marine Transport and OOCL may remain under pressure. But much of the self-help undertaken by the liner industry is piling pressure onto already beleaguered charter owners. Read more . . . (SUBSCRIPTION)

MSI predicts worst may be over for global lines

MSI sees ‘little cheer’ for values in 2017

Maritime Strategies International says newbuilding prices should continue to erode in 2017, helping to press second-hand tanker and containership values further downward.

Bulker values should bottom this year but the rebound will only be slight in 2017, wrote MSI director Adam Kent in commentary provided to TradeWinds. Read more . . . (SUBSCRIPTION)

MSI sees ‘little cheer’ for values in 2017