Ocean container volumes are about to fall off a cliff

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

Ocean container volumes are about to fall off a cliff

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

Webinar: The impact of COVID-19 on shipping

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

Industry leader: Adam Kent, Managing Director, Maritime Strategies International

Coronavirus: Chinese box rate recovery on hold

With efforts to prevent the spread of the virus extending the post-Chinese New Year cargo lull, the traditional spot rate bounce is on standby. Carriers are responding with unprecedented capacity cuts to limit rate declines. However, analysts warn that port closures and cargo restrictions will heap further pressure on the spot market. Read more

Coronavirus: Chinese box rate recovery on hold

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

IMO 2020 – lower sulphur means higher freight rates