30 August 2018
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.
30 May 2018
GDP growth and high trade multipliers have benefitted the shipping industry through higher trade volumes, but this could be as good as it gets.
19 February 2018
It has been quite some time since macro-economic development has looked this positive and as supportive of shipping.
31 May 2021
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10 November 2017
07 November 2017
For the demand side to reap the full benefits of this possible global upturn, globalisation must be embraced and the gains from open trade must be a key focus of the policymaker's agenda, replacing any inward-looking policies
09 March 2017
The dry bulk fleet exceeded 800 mill DWT in January 2017, as the dry bulk fleet grew by 2.6% year on year.
BIMCO’s Chief Shipping Analyst Peter Sand expects the dry bulk fleet to grow 1.6% for the full year in 2017, if the projected demolition activity of 19 mill DWT is realised.
The declining growth rate from the panamax, supramax and handysize segments was absorbed by a growing capesize fleet; the total fleet growth was stable in 2016.
27 January 2017
It will not be a surprise if we see another downward revision of GDP growth in 2017...
19 January 2017
The container shipping lines received an average rate 7% (42 USD) lower in 2016 than in 2015, if they operated in the spot market on all Shanghai Containerized Freight Index (SCFI) trade routes. This has primarily been due to the devastating low rates received in the first half of 2016, as the average rate received in H2 2016 was 22% higher than the rate received in H2 2015.
05 September 2016
Finally, we can conclude that a one-sided focus on monetary expansion handled by central banks is not enough anymore.