The retreat of COVID-related disruptions will restore market efficiency and freight rates to better reflect underlying supply and demand fundamentals.
Dry bulk owners enjoying a welcome bounce in earnings and asset values should be prepared for pressure in the second half of the year as the impact of China stimulus wanes and port efficiency improves. Read more here
MSI’s forecasts and data used in BHP’s economic and commodity outlook. Read more here
“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!
Global trade of commodities such as iron ore, coal and grains stands to grow by 7%, offsetting a 2% decline in 2020, according to UK-based Maritime Strategies International (MSI). Read more in TradeWinds
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
Drewry, MSI and London energy institute all highly critical of new global regulation that leave details blank. Read more in TradeWinds
Maritime Strategies International (MSI) shows that the current market value of a five-year-old supramax is 11% below what it was at this point in 2019… Read more in TradeWinds
The price is higher than expectations. VesselsValue estimates the Tsuneishi Cebu-built Stove Caledonia is worth just $10m, while Maritime Strategies International puts its value at $10.4m. Read more in TradeWinds
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!