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
Author: MSI
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
Finnish shipbuilding cluster risks putting its many eggs in one basket
“MSI assumes that newbuilding contracting drops off further over the next four years before picking up again in 2024. This assumption stems partly from the fact that the sector is already heavily committed on the newbuilding front, and it will take some time for the industry to adjust and absorb the many ships scheduled to hit the water over the next four years”… Read more here
Saudi Decision Will See Oil Markets Take a Bath
A sustained price war could see marginal projects delayed and hasten a predicted decline in new awards, writes Gregory Brown, Maritime Strategies International. Read more
Collapse of OPEC+ and offshore market impacts
A sustained price war could see marginal projects delayed and hasten a predicted decline in new awards, writes Maritime Strategies International associate director offshore Gregory Brown. Read more
Seatrade Webinar Audio recording
Seatrade hosted a Webinar featuring our South East Asia Regional Director, David Jordan, discussing the COVID-19 pandemic. If you would like to have a listen, click here
Virus could wipe out shipping industry’s profits
The Business Times takes a look at the impact of the Coronavirus on shipping. Adam Kent comments on various scenarios which could further impact the main sectors. Read more here
Why trying to hold the capesize market to ransom will not work
Holly Birkett addresses the changing landscape of dry bulk with some helpful input from our director of dry bulk research, Will Fray. Read more
Industry leader: Adam Kent, Managing Director, Maritime Strategies International
Dr Adam Kent joined Maritime Strategies International (MSI), where he is now managing director, in the early 2000s as an analyst and was instantly hooked on both shipping and market analysis. Read more about the man at the helm of MSI here in Riviera’s industry leader piece
Japan’s commercial shipyards scale back construction capacity
Major shipyards face further decline in the face of competition from China and South Korea. Read more in TradeWinds