In general, the markets have bounced back exceptionally well, with perhaps the exception of crude and chemical tankers outlines MSI’s MD Dr Adam Kent at MM NYC. Read more at gcaptain
Tag: LNG
MSI adds environmental benchmarking tool to HORIZON vessel data platform
MSI has added a new tool, Environmental Credentials, to its FMV output, enabling users to understand the performance of their vessels and fleets – and those of their competitors. The new service provides estimated ratings against the International Maritime Organization’s EEXI and CII regulations to 2026 and Annual Efficiency Ratios for 2020 and 2021 measured against the Poseidon Principles trajectory and a ‘zero emissions’ scenario by 2050. Read more here Hellenic Shipping News
Vessel efficiency will be key to employability
Speaking to an audience of shipping finance specialists, Dr Adam Kent, MSI’s Managing Director, noted the boom in the container ship sector has been mainly supported by inefficiencies such as port congestion. It has been a driving force in the container ship and to some extent, the dry bulk sectors, with trade and tonne-miles only telling part of the story. Read more on Riviera
Capes among the most exposed ship types with incoming EEXI legislation
Capesize owners are likely to be among the hardest hit when new Energy Efficiency Existing Index (EEXI) rules kick in on January 1 next year based on MSI’s new environmental benchmarking tool. Read more on Splash247.com
Podcast: In Focus – Shipping markets and shipbuilding impact
MSI Director, James Frew, talks to The Maritime Podcast and puts the spotlight on the outlook for the shipping markets and shipbuilding, including the developing orderbook, alternative fuels and new ship types. Listen to the podcast here Seatrade Maritime
Viability concerns: LNG bulker newbuild run may have peaked
LNG-fuelled bulker newbuildings may be falling out of favour as owners look to new zero-carbon alternatives.
This is the view of London and Singapore-based research and forecasting company MSI. Read more here TradeWinds.
Korean shipbuilders bracing for fallout from Russia war
Russia’s invasion of Ukraine, which has added to disruptions caused by the ongoing coronavirus pandemic, has created increasing uncertainty for most industries, with shipbuilding one of them. Read more in the Korea Times
Russia-Ukraine crisis could create ‘double-edged’ situation for tankers
Higher prices would have a negative impact but could also create a short-term rate surge, MSI’s Tim Smith said. Read more in TradeWinds
Marine Money ‘Year in Review’
How Russian invasion of Ukraine could impact ocean shipping
“With the clear potential for an invasion of Ukraine, this would only further exacerbate any perceived squeeze on oil markets,” … Read more in Freight Waves