Container Box
BIMCO Proposes Slow-Steaming Alternative to IMO
In the Shipping Herald, MSI’s Dan Richard’s Load Star article is quoted- ‘Liner companies face a “trade-off” between minimising fuel bills, thus cutting emissions, but no longer being able to offer a full network of port pairs.’ Read more
IMO 2020 and blank sailings to define Q4 container markets
MSI argues in Hellenic Shipping News that liner charges to customers, as they introduce the more expensive low sulphur fuels, will define box-shipping markets in the coming months. However, MSI is sceptical of claims that expected fuel price increases in January will lead shippers to front-load cargoes. Read more
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.