With renewed Covid-19 outbreaks in China, the US and some other countries, the London-based consultancy has been modelling the performances of shipping markets in what it describes as a “low-case scenario”. Read more in TradeWinds here
Containership
Container shipping past the worst
Analysts MSI says container shipping has passed the peak of the health crisis’s impact on demand. But with the speed at which economies and volumes can recover far from clear, the outlook in the second half of 2020 remains shrouded in uncertainty. Read more here
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
A NEW NORMAL FOR CONTAINER SHIPPING AND OCEAN FREIGHT RATES
The global economy is now heading into uncharted waters as it reels from the impact of the pandemic ravaging the world. In the container shipping market, there has been a slump in demand, albeit without the usual corresponding instability in freight rates. Read more here
Container Market set to see net fleet growth slowdown in Next 3 years
Net negative fleet growth for container shipping over next three years
Container shipping is set to see net negative fleet growth over the next three years, according to James Frew from Maritime Strategies International (MSI). Read more here
Ocean freight rates set to remain firm despite continuing weak demand
Read more in Lloyds List
MSI and Baltic Webinar
Shipping Cycles and Covid-19. MSI director David Jordan appeared as guest speaker on the Baltic and ICS lecture series. Click here to listen to the webinar
Stable rates as lines find the right balance
Maritime Strategies International (MSI) believes that container shipping has been “in the eye of the storm,” over the past month. However, the shock of China’s production shutdown is now seeing the lines emerging from the Asian downturn. Read more
Container Import Weakness Could Peak in 2Q2020
“The container shipping industry has spent the past month in the eye of the storm [and will] now face the full impact of the international spread of COVID-19,” said U.K.-based consultancy Maritime Strategies International (MSI) in its latest monthly outlook. Read more