bulker

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 … Continue reading Fewer port delays may cause ‘downbeat 2023’ for dry bulk shipping, MSI says →

Should dry bulk owners get ready for a cyclical downturn?

The dry bulk market could be set for a downbeat 2023 with the pain potentially extended into 2024, according to the latest quarterly dry bulk market report from MSI. Read more at AllAboutShipping

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 … Continue reading Softer tone prevails in dry bulk market →

Bumpy road lies ahead for bulkers as emissions rules loom

There has been hope in the market that rules such as EEXI will help support bulker demand relative to vessel supply as the trading fleet reduces its speed. But analysis by MSI suggests that any supportive effects will be offset by the unwinding of port congestion, which will release ships back into the market. Read … Continue reading Bumpy road lies ahead for bulkers as emissions rules loom →

Marine Money ‘Year in Review’

MSI adds Annual Efficiency Ratio values to MSI HORIZON platform

Maritime Strategies International has added an Annual Efficiency Ratio (AER) calculation of vessel CO2 emissions to over 21,000 ships in its HORIZON asset valuation platform. Read more

Market efficiency could rain on the parade despite comparisons to supercycle

The ability to separate exuberance from inefficiency is key to understanding how long higher earnings are likely to be maintained. Read more, written by MSI’s Managing Director, Adam Kent, in TradeWinds

Japanese bulkers pulled from sales market in hope of better 2021 price prospects

Tonnage providers opt for time-charters in anticipation of increasing asset values as freight rates projected to recover from the virus crisis. Read more in TradeWinds

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

Seatrade Webinar Audio recording

Seatrade hosted a Webinar featuring our South East Asia Regional Director, David Jordan, discussing the COVID-19 pandemic. If you would like to have a listen, click here

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

Take a look at MSIs Coronavirus escalation scenario analysis in our latest Foresight piece

IMO 2020 – lower sulphur means higher freight rates

‘From our discussions with Maritime Strategies International (MSI) and other active participants in the freight market, we now expect a higher uptake of scrubbers. We estimate that 20-25% of the larger Capesize vessels will have scrubbers fitted by end 2020. For the mid-size Panamax vessels, the uptake is lower at 5%.’  Read more

Littel Cheer from Lunar New Year for bulk carrier market

While tanker owners toast their good fortune, bulker operators are downing a cocktail of higher costs, weaker demand and a supply side influx. Read more

MSI predicts dismal Q1 for bulker operators

Dry bulk carrier operators don’t seem to have a lot of reasons to be jolly as they enter 2020 with higher fuel costs, weaker demand, and a supply-side influx swirl into a perfect storm. Read more

Scrubber-fitted vessels the early winners in IMO 2020 transition

A volatile first half could see big moves in hi-lo price differential but the trend of falling HSFO prices gives the advantage to users of scrubber systems, says Maritime Strategies International. Read more

Now you see them: dry bulk market haunted by phantom orderbook

Will Fray comments in Splash- ‘The late reporting of orders to qualify ships as IMO tier II compliant fails to mask a continued fall in 2019 contracting’ – 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