Maritime Strategies International’s oil and tanker director Tim Smith predicts tanker rates will be pressured by destocking in the second half of this year. Read more in TradeWinds here
Month: April 2020
ABS sustainable outlook for Shipping
Read more and download the PDF here
Covid-19 and cheap oil knock offshore sector down again
This time, offshore companies have already cut back to deal with the depressed market. Read more
Nasty, Brutish, but short: shipping must navigate gaping downside risks to avoid a great depression
A rapid market recovery is dependent on the success of policy responses and failure could be a disaster, writes James Frew. Read more
COVID-19 Cuts a Swath Through Containership Charter Earnings -MSI
While the implications of COVID-19 for containership demand and freight rates are directionally clear, the time charter market often marches to its own drum. Read more
Oil industry vulnerable amid second major crisis in six years
The global oil industry is far from prepared to weather the current storm, according to a new analysis by consultancy MSI Offshore. Read more
In Depth: Why There Will Be No Quick Cure for Trade After the Pandemic
There will be no quick recovery from the economic devastation of the Covid-19 pandemic, and the fallout may be more severe than from the 2008 financial crisis. Read more
Coronavirus demand slump cuts a swathe through boxship charter rates
Ocean container volumes are about to fall off a cliff
The new market outlook of U.K.-based consultancy Maritime Strategies International (MSI) reads like a Stephen King novel geared toward container-line executives. It’s not exactly feel-good reading for cargo shippers either. Cheap freight rates are only attractive if they don’t trigger another Hanjin Shipping-style bankruptcy. Read more
Webinar: The impact of COVID-19 on shipping
During the presentation, David Jordan, Regional Director, Asia, Maritime Strategies International will present the latest insights from MSI’s base case for the container, dry bulk and tanker markets, which is formulated around the idea that we will see a return to “business-as-usual” over the course of the next couple of months. Read more here