Speaking to an audience of shipping finance specialists, Dr Adam Kent, MSI’s Managing Director, noted the boom in the container ship sector has been mainly supported by inefficiencies such as port congestion. It has been a driving force in the container ship and to some extent, the dry bulk sectors, with trade and tonne-miles only telling part of the story. Read more on Riviera
Capesize owners are likely to be among the hardest hit when new Energy Efficiency Existing Index (EEXI) rules kick in on January 1 next year based on MSI’s new environmental benchmarking tool. Read more on Splash247.com
MSI Director, James Frew, talks to The Maritime Podcast and puts the spotlight on the outlook for the shipping markets and shipbuilding, including the developing orderbook, alternative fuels and new ship types. Listen to the podcast here Seatrade Maritime
Crude trade volumes are revised down but the distances ships must carry it will increase, leading to a more positive view for carriers, writes Tim Smith, MSI. Read more here splash247.com
LNG-fuelled bulker newbuildings may be falling out of favour as owners look to new zero-carbon alternatives.
This is the view of London and Singapore-based research and forecasting company MSI. Read more here TradeWinds.
GROWTH in product and crude tanker trades will rise by an average 6% in 2022, supported by vessels sailing longer distances in response to Russia’s invasion of Ukraine, according to MSI. Crude import growth will come from North America, Europe, and north Asia regions. Read more in LloydsList
Europe’s need to import more coal from sources further afield would be positive for the larger Panamax and Capesize shipping segments on long-haul coal trade routes says MSI. Read more on Reuters
Global tanker freight is seen steady over the next few months as oil buyers replenish inventories, exporters release reserves, refinery margins remain high and a major war alters trade flows, S&P Global Commodity Insights reports, using MSI forecast data.
PCTC utilisation levels and charter rates during 2022-23 are on track to surpass the peak levels seen at the top of the 2006-08 market cycle, says MSI’s PCTC analyst Niklas Carlen in this Quarterly Outlook article by LloydsList
Prospects in South America, notably Brazil, are brightening both for floaters and offshore support vessels (OSVs), particularly for larger anchor handling tug supply (AHTS) and platform supply vessels (PSVs), according to MSI. Read more in Riviera Maritime Media