Depressed freight rates means owners must carefully time new tonnage orders Read more
Month: October 2018
FREE OSV Webinar
On 30th October MSI will be hosting a free webinar, led by our Offshore Analyst Dr. Ferenc Pasztor, covering the OSV markets. There will be sessions at both 09:30 and 16:00 GMT.
Those interested in attending should contact email@example.com for details of how to join.
Scrubber-fitted dry bulk vessels will command 2020 premiums
A two-tier market will reward early adopters with higher time charter rates and asset values as cost of low sulphur fuel increases dramatically… Read more
MSI Sponsors TMS Tanker conference in Dubai
MSI is delighted to have been a sponsor of The Maritime Standard Tanker conference this week in Dubai. Now in its third year, the conference gathers the biggest players in the region, and globally, across different segments of the tanker business and support sectors.
Director of Oil & Tanker markets, Tim Smith, contributed to a discussion panel and also gave a presentation titled ‘Energy Shipping in a Disruptive World’.
Front-loading boon for transpacific box trade
Transpacific headhaul demand growth will remain buoyant in fourth quarter of the year, but retail weakness in the EU will prove a drag on Asia-Europe container freight rates Read more
Is ROSCO bulker fleet undervalued?
As reported by TradeWinds and others earlier this year, the 11 bulkers owned by Redwood Ocean Shipping Co. (ROSCO) are up for sale to the highest bidder as the owner seeks to move away from owning assets. An initial en-bloc price of $185Mn was mooted in February and reports are now suggesting a deal for $177Mn has fallen through.
Running the ROSCO fleet through MSI’s Forecast Marine eValuator (which provides current quarter, 5-year history and 15-year forecast across asset values, rates and opex) reveals that the fleet may be a good deal for the right owner…
MSI’s current value for the fleet is $187.5Mn, forecast to appreciate to around $200Mn by 2020, representing a prompt, positive return on asset values.
For further information on MSI’s FMV product and portfolio valuation products, please contact firstname.lastname@example.org
MSI expects upside to tanker markets
A combination of factors including increased demand and higher flows is supporting the crude tanker markets, leading MSI to forecast an upside in time charter equivalent earnings for the rest of the year into the first quarter Read more
Boxship charter and freight rate divergence holds lesson for PCTCs
Operators are pushing hard to improve freight rates but the relationship to time charter earnings remains critical, according to our Research Director, Niklas Carlen. Read more
Elephants in the water? The offshore supply chain adapts to the new normal
As the offshore industry shifts further away from large scale greenfield development and towards scaled, fit for purpose solutions, MSI’s Gregory Brown looks at the implications for a supply chain built to deliver monolithic structures. Read more
MSI supports Global Maritime Forum initiative
MSI is proud to be a signatory of the Global Maritime Forum’s call for action in support of decarbonisation in shipping, alongside some of the industry’s most prominent names. More information