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Freight rate improvements have recently moved liner operators toward profitability, whilst charter owners are seeing the first meaningful uptick in earnings since mid-2015. Additionally, the scars of disappointing trade growth in 2016 are seemingly healed, while the imposing 2017 delivery schedule is more a hypothetical than an actual barrier to a sustained recovery. Read more . . . 

The mood is buoyant in the containership sector but is the market ignoring the sleeping giant, asks James Frew, senior analyst at Maritime Strategies International.

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THE bears are coming to the crude tanker markets. But optimists can rightly claim that they are tamer than before, and that they may not stay long.

“We do expect some uplift to kick in in the spot market towards the end of second quarter as refinery maintenance programmes abate,” an MSI research note said.

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MSI Analyst sees a modest recovery in dry bulk newbuildings this year, partly driven by a squeeze in differential between secondhand asset values and newbuilding prices, and cautions that an increase in finance from sources such as China could provide upside risk for contracting. Read more . . . (Subscription)

The industry got off to a good start this year but oversupply with the pending delivery of a wave of newbuildings remains a problem, according to shipbroking and sector analysts, who question whether demand will be as strong as lines are hoping. Read more . . . (Subscription) 

This year, 41 new LNG carriers are due for completion and the fleet is on course to hit the 500-ship landmark as early as April. Balancing LNG carrier demand against available cargoes is tricky in an oversupplied market. But will things get better this decade for tonne-mile demand? MSI director Stuart Nicoll speaks to LNG World Shipping. Read more . . .

The Chinese shipbuilding orderbook is overstated but don’t underestimate the nation’s yard’s designs on the tanker market or how a single government edict could keep the same yards busy for the next two years. MSI director Dr Adam Kent talks to Tanker Shipping and Trade.  Watch the video . . .