HLP believes project developers will struggle to meet demand based on current logistics practices and equipment provision based on MSI forecasts for the total number of offshore wind projects to be installed, per year, for both fixed and floating foundation windfarm. Read more at Energyvoice
Tag: Multi-Purpose
Demo volumes bounce back
“We expect to see the tide turn on scrapping volumes this year with 2023 already starting off at a steady pace,” predicted Dr Adam Kent, MSI’s managing director. This is primarily driven by containership and dry bulk removals. Read more at SplashExtra
Eco shock: green fuels will not beat fossil fuels on price until 2040, MSI warns
“Unfortunately, it is not until around the end of the next decade that it becomes more economically viable to run green fuels than conventional fuels, or conventional fuels with a scrubber.” said MSI’s Managing Director Adam Kent. Read more at Tradewinds.
Fewer port delays may cause ‘downbeat 2023’ for dry bulk shipping, MSI says
Reduced port congestion due to global taming of Covid-19 may lead to a weaker market for dry bulk shipping, according to a market watcher.
The pandemic caused supply chain disruption worldwide for the better part of two years that resulted in bulkers sitting at anchor while waiting days and weeks for available berths. Read more at TradeWinds
Repair yards and offshore wind make for sound investments
The industry is set for one of the most dynamic periods it has ever witnessed during the remainder of the decade as it grapples with decarbonisation, the energy transition, geopolitical ramifications and the further maturing of the Chinese economy. Read more in TradeWinds
MSI bearish on dry bulk shipping outlook
Weak cargo volumes, improved fleet efficiency and China’s demand uncertainties contribute to a downbeat forecast. Read more at Lloydslist
UN warns of muted maritime trade growth through to 2027
UNCTAD’s latest seaborne review has some forecasts to shock shipowners. Adam Kent, MSI’s Managing Director, comments on UNCTAD’s latest numbers placing them in context. Read more at Splash247.com
Softer tone prevails in dry bulk market
Spot rates have been on a downward slope across all bulker segments mainly due to lower demand and an unwinding of fleet inefficiencies, with weakness expected into the first quarter of next year.
THE dry bulk market is firmly on a downward slope, with weakness expected to continue into the new year. “Headwinds will strengthen in the months ahead,” says MSI. Read more at LloydsList
Shipyards look to plug the gap as two-horse newbuilding race runs its course
Shipyards banking on a decarbonisation-driven order boom must contend with present day realities, writes MSI Director Stuart Nicoll. Read more in Splash247.com
Uncharted Waters or Familiar Territory – Which way next?
Watch Adam Kent’s presentation from the 21st Annual Marine Money Week Asia event in Singapore via YouTube, covering changing trade routes, supply side developments and how earnings and prices will develop.