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
LNG
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
LNG Shipping at bottom of cycle
MSI LNG analyst, Pablo Achurra, PhD comments on what the future might hold for shipowners. Right now, it doesn’t look too bleak, with Europe and South Asia set to be bright spots for increased demand. Read more
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
Japan’s commercial shipyards scale back construction capacity
Major shipyards face further decline in the face of competition from China and South Korea. Read more in TradeWinds
Demand for cleaner energy driving LNGC orderbook and retrofits
The LNG carrier (LNGC) fleet passed a new milestone in 2019 when the five hundredth vessel hit the water, reflecting the astonishing growth in this sector which has mirrored growing demand for LNG in developed and developing countries. Read more
Future Tendencies in the Global Shipbuilding market
Dr. Adam Kent presents at the OECD on the shipbuilding market, looking at vessel demand, supply side changes, emissions and the evolution of shipbuilding. Read his presentation here
LNG carrier spot rates treble
Stuart Nicoll, MSI director, says in TradeWinds ‘The rise of US production this year and weak demand in Asia has driven volumes to Europe and kept gas prices low this year’ Read more
LNG Shipping heats up but market is subject to short term effects
Latest report from MSI notes that spot rates for DFDE tonnage were reported as high as $130,000/day in October. Read more
Now is not the time to leave slow steaming out of the IMOs toolkit
Take a look in TradeWinds- our outlook for the proposed 20% reduction in speed- Read more