Market analysis

The shipping markets checkpoint – Special Guest Speaker: Mark Williams

The third webinar in our series on the future of the commercial shipping markets.

The webinar had Mark Williams, Managing Director at Shipping Strategy, as the special guest speaker and Peter Sand, BIMCO’s Chief Shipping Analyst, debating the current developments in the shipping markets. The two touched upon the impact of the pandemic and the ways in which shipping sectors navigate through tumultuous times.

The shipping markets checkpoint – Special Guest Speaker: Paul Marsh

The second webinar in our series on the future of the commercial shipping markets.

Paul Marsh, Research Director at Navig8 Group as the special guest speaker and our very own Chief Shipping Analyst, Peter Sand set the scene by discussing the macroeconomics changes brought by the pandemic and how they accentuated the geopolitical tensions felt by the oil tanker shipping industry. The two analysts then share their views on what lies ahead for the crude and petroleum products carries.

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Get analysis of the dry bulk, oil tanker and container markets. The BIMCO shipping market analysis team writes a mix of quick insight and deep analysis with a focus on the fundamentals: supply and demand.

 
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October 2018

Meet BIMCO’S Chief Shipping Analyst in London and Frankfurt

BIMCO’s chief shipping analyst will be participating at Bloomberg Intelligence shipping seminar in London on 12 November and Frankfurt on 13 November.

Iran emerges as no. 1 buyer of US soya beans

Meanwhile the exports of soya beans to China from the US are down 31% for the first eight months and 95% in August alone, compared to the same periods of least year. 

US Crude Oil Exports to China drop to zero in August

Total US crude exports to all destinations other than China hit a new all-time high in August at 6.96 million tonnes.

September 2018

Shipping is increasingly caught in the trade war line of crossfire

The shipping industry is trapped between a rock and a hard place in an already troubled market.

Dry Bulk Shipping: An improving market, even as iron ore imports slip and the fleet grows faster.

When profits finally arrive, everyone breathes a sigh of relief. Several years of very bad markets have come to an end, but how do we retain the profitable freight rates?  

Container Shipping: it is obviously very difficult to hold down fleet growth to improve the market.

The capacity of the fleet is growing too fast for the demand to cope with it. All three aspects of the supply side have pushed up the fleet growth – in nominal as well as active terms.

August 2018

Tanker shipping: A record poor tanker market with a growing fleet is prolonging the crisis

The continued severity of the tanker market conditions has made owners dig deep into the oversupply of capacity. Still BIMCO expects the tanker fleet to keep growing. A short-term rate recovery is not expected, as it is ‘maintenance season’ for the global refining industry in September and October.

Macroeconomics: Regional and global disputes heighten uncertainty and kill optimism and trade growth

Starting a trade war is bad for everyone, and shipping is right in the eye of the storm. Adding a new sanctions regime involving the US and Iran is putting another layer of stress on a shipping industry that is struggling to generate profits. Not surprisingly, the IMF’s estimate for world trade volumes was adjusted downwards for both 2018 and 2019 in July.

Meet BIMCO’S Chief Shipping Analyst in Hamburg

BIMCO’s chief shipping analyst will be participating at the Container Trade Europe Conference on 18-20 September 2018 in Hamburg.

July 2018

A historically bad crude oil tanker market struggles to find solid support

2018 has been absolutely horrible for the crude oil tankers with freight rates and the fleet utilisation rate falling to a record low level.