“Perhaps the most spectacular and at first glance counterintuitive, given the headline macroeconomic backdrop, has been the levels to which the containership charter market has been able to reach in Q4 2020,” Kent said. Read more in Splash!
Today, the Maersk Semarang has a fair market value of around $26.3m, according to forecasting platform MSI Horizon, which suggests that Zodiac will making a handsome profit on the sale…’ Read more in TradeWinds
Shippers are squealing, ports are creaking and box-building is booming, but owners of small and large ships are sitting pretty, says Daniel Richards, Maritime Strategies International. Read more in Splash!
The shipowning and finance side of the container industry on the one hand, and the liner and logistics side on the other, operate generally in isolation…. MSI Senior Container analyst Dan Richards writes in The Loadstar
‘A key takeaway is the potential benefit for reefer trades: there will likely be boosts to trade for certain agricultural products, which is a key source of growth within intra-Asia container trades,’ said Maritime Strategies International analyst Daniel Richards. Read more here
During this session, Maritime Strategies International senior offshore analyst Dr Ferenc Pasztor outlined the current status and outlook for green fuels in the European shipping industry. Read more here
Speaking from London at the sister seminar, MSI managing director Dr Adam Kent cautioned against predictions that the recovery from the pandemic will mirror that from the global financial crisis in 2007-2008. Read more here
An intra-Asian trade pact, likely to be ratified next year, will cut or eliminate tariffs, harmonize rules of origin regulations, and deepen regional supply chains. Read more in JOC
Drewry, MSI and London energy institute all highly critical of new global regulation that leave details blank. Read more in TradeWinds
The reported sale price for the EM Athens is about $500,000 above its estimated scrap value, according to VesselsValue. Forecasting platform MSI Horizon predicts the vessel’s market value will rise to an average $5.7m in the fourth quarter from $5m in the third. Read more in TradeWinds