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Container Shipping - Going slow across the board has brought back black bottom lines

13 October 2010

Forecast: BIMCO expects the fourth quarter to be a difficult one, with volumes going down from recent highs. This may also mean idling vessels becomes more normal again as they are removed from stings or simply temporarily abundant as volumes tighten. During the first half of 2010 the container trade has made a remarkable comeback. Rates have doubled on many routes and volumes have returned from the abyss to the benefit of many owners who have switched from red ink to black as a result of this.

From Beijing 2008 to London 2012 – Reflections on four extra-ordinairy years in the shipping industry and looking beyond

05 September 2012

All stakeholders in shipping realize that the business is cyclical, and the most important challenge is to predict the ups and downs and plan accordingly.  But few had in their wildest fantasies predicted the financial crisis that hit the world four years ago, and the significant drop in cargo volumes and the major impact this had on all shipping markets. 

Tanker Shipping - Tight supply delivers rate spike in Suezmax, MRs hope for a busy Summer on the Atlantic as the US driving season kicks in (while VLCCs struggle in a really tough market)

13 June 2012

The demand picture for oil tankers is steady – perhaps a bit too steady if you look at the freight rate movements for VLCC crude oil tankers and MR clean product tankers. This stands in contrast to the spikes that Suezmax owners have achieved during the first five months of 2012.