Vessel automation and digitisation will reduce future seafarer demand, but the medium-term impact is expected to be limited. The evolution of autonomous ships will have significant implications for seafarer demand, training needs and manning costs. Cre…
How big a threat are autonomous vessels to seafarer demand? Read More »
With increasing societal attention levelled at improving the world’s green credentials, it comes as no surprise that the topic of the environment came up over and over again during London International Shipping Week 2019 (LISW19), which this year saw o…
The green gathering Read More »
Global spare production capacity is not enough to compensate for the decline in Saudi Arabia’s oil production after the recent attacks on two of the country’s oil facilities and the consequent inventory drawdown will therefore underpin oil prices and a…
BIMCO expects the fundamental market balance to deteriorate in 2019 which will do nothing to improve freight rates as the 2020 sulphur cap nears. Demand drivers and freight rates Earnings for Capesize vessels have continued their rollercoaster ride, re…
Even with the sulphur cap expected to give a boost to the tanker market, high fleet growth will put pressure on earnings. Demand drivers and freight rates Rising geo-political tensions have led to disruptions to the tanker shipping industry and all oth…