The COVID-19 pandemic has compounded existing uncertainties to create a perfect storm for the shipbuilding markets, as well as having widely differing impacts on different sectors of shipping. Take a look inside the latest foresight!
Chemical
MSI support Global Ship Lease with their ESG report
MSI is delighted to have provide input and support to Global Ship Lease (GSL) with the recent publication of their inaugural Environmental Social and Governances (ESG) report. The report can be downloaded in full here: Global Ship Lease ESG report 2020
What Gets Measured Gets Managed: The Poseidon Principles and their Impact on the Shipping Industry
Read the article written by MSI Director James Frew here
Chemical tankers at risk from delayed reaction to Covid-19
The chemical tanker market has been relatively strong so far this year, but risks are now beginning to materialise, writes Senthuran Raviraj. Read more
Chemical Tanker Owners Confront Second Wave Impact of Corona Virus
IMO 2020 – lower sulphur means higher freight rates
‘From our discussions with Maritime Strategies International (MSI) and other active participants in the freight market, we now expect a higher uptake of scrubbers. We estimate that 20-25% of the larger Capesize vessels will have scrubbers fitted by end 2020. For the mid-size Panamax vessels, the uptake is lower at 5%.’ Read more
Future Tendencies in the Global Shipbuilding market
Dr. Adam Kent presents at the OECD on the shipbuilding market, looking at vessel demand, supply side changes, emissions and the evolution of shipbuilding. Read his presentation here
Carbon Carriers
The consequences for shipping markets of a major shift in energy consumption away from hydrocarbons and towards renewables and biofuels is the subject of a report prepared by MSI on behalf of the European Climate Foundation. MSI’s shipping market modelling systems were used to analyse how global fossil fuel demand reductions could alter inter-regional commodity trade flows and the associated shift in required shipping capacity, industry earnings and asset prices, across all segments of the shipping industry. The full report can be downloaded here and a shorter Executive Summary here.
ABS Sets the Industry Course to Low Carbon Shipping
MSI are delighted to have worked together with ABS on its industry-shaping Low Carbon Shipping Outlook – a very important initiative! Read more
Short term sunshine, longer term rain?
The shipping market is emerging into an upward trend cycle but is ever more impacted by external factors, argues Adam Kent Read more