MSI’s forecasts and data used in BHP’s economic and commodity outlook. Read more here
Dry Bulk
Which sectors will fare best and worst in 2021?
“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!
Dry bulk poised for growth in 2021 amid Covid-19 recovery
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
Norway sets out green shipping policies and budget
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
Shipping: Mixed blessing of early vaccine
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
IMO needs to fill glaring holes in CO2 rules for shipping, analysts say
Drewry, MSI and London energy institute all highly critical of new global regulation that leave details blank. Read more in TradeWinds
Golden Ocean shelves plans for ultramax sales as bulker prices flounder
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
Stove Shipping sells oldest supramax as fleet cull continues
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
Foresight: Forecasting the Shipbuilding markets in the New Normal
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!
China’s shipbuilding industry bounces back from coronavirus — and comes out on top
Data from Maritime Strategies International (MSI) shows China received around 11m gt of newbuilding orders in the first nine months of this year… Read more in TradeWinds