Do the shipping markers actually slow down about now? Splash Extra investigates
Oil Tanker
Second Covid-19 wave ‘will harm asset prices and extend newbuilding slump’, says MSI
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
Floating storage play is unwinding but effects are far from over
A recovery in oil demand and production cuts will see stocks drawn down, putting pressure on tanker earnings in the second half writes Tim Smith from Maritime Strategies International. Read more here
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
MSI and Baltic Webinar
Shipping Cycles and Covid-19. MSI director David Jordan appeared as guest speaker on the Baltic and ICS lecture series. Click here to listen to the webinar
Why Q1 2020 will go down in the history books
If it were not against the backdrop of a global pandemic, the first few months of 2020 would have been a joyous time for the tanker market, but this remarkable run is not sustainable. Read more
MSI expects sharp reversal of tanker bull runs in second-half 2020
Maritime Strategies International’s oil and tanker director Tim Smith predicts tanker rates will be pressured by destocking in the second half of this year. Read more in TradeWinds here
ABS sustainable outlook for Shipping
Read more and download the PDF here
Nasty, Brutish, but short: shipping must navigate gaping downside risks to avoid a great depression
A rapid market recovery is dependent on the success of policy responses and failure could be a disaster, writes James Frew. Read more
In Depth: Why There Will Be No Quick Cure for Trade After the Pandemic
There will be no quick recovery from the economic devastation of the Covid-19 pandemic, and the fallout may be more severe than from the 2008 financial crisis. Read more