Read this article by MSI Director Stuart Nicoll at Baltic Transport Journal
Month: April 2024
Shrinking boxship orders forecasted
Shipyards containership order intakes are expected to decline this year, but show an turn again until 2027 as demands for eco-friendly ships soar. Read more about MSI’s views on this subject at Asiasis
What would a BHP takeover of Anglo American mean for shipping?
Will Fray, Director with analysts MSI sees the merged company having more leverage in the freight market. “As with most mergers, it will take some time for the two companies to fully integrate and benefit from economies of scale and operational efficiencies. However, a larger company will almost immediately have more negotiating power when it comes to freight costs.” Read more at Seatrade Maritime
Owners advised to cash in
“From a pure asset play perspective and based on our outlook, now or the imminent future presents an excellent opportunity for owners to sell tonnage and maximise returns,” MSI Managing Director Dr Adam Kent told Splash Extra, pointing out that from an asset price cycle perspective, values are considerably higher than the long-term averages. Read more at Splash247.com
Mediterranean ports warn of overflowing storage yards in latest threat to supply chain
The disruption has arisen as critical ports have struggled to cope with the resulting sharp increases in “trans-shipment” traffic. Daniel Richards, a director at London-based maritime consultancy MSI, said delays at the ports could force some companies to hold extra stock. Read more at FT.com.
Shipping industry turns to high-tech wings for faster decarbonisation
Stuart Nicoll, a director at MSI, a London-based consultancy, insisted that wind power had clear benefits given steady growth in taxes on shipping emissions. Since the start of the year, ships entering EU ports have had to pay for the emissions on their journey under the bloc’s emissions-trading scheme. Read more at FT.com.
Global tanker freight rates seen elevated in Q2 on refinery margins; maintenances to cap gains
There is room for further upside in earnings even if current levels of disruption are maintained says MSI. Read more at S&P Global.