Ετικέτα: shipping trends

  • The Shipping Almanac

    Q1 2025 Dry Bulk Newbuilding: Record Deliveries, Shifting Vessel Profiles & Divergent Shipyard Orders

    In Q1 2025, the dry bulk newbuilding market experienced notable shifts, with deliveries and orders reflecting both market trends and the influence of geopolitical factors. In this article, we explore the key data points, compare performances between Chinese and Japanese shipyards, and discuss what these trends mean for the broader shipping industry. Record Newbuilding Deliveries […]

  • The Shipping Almanac

    Freight Rate Fluctuations Across Shipping Sectors: A Comparative Analysis

    Shipping Sector Peak Freight Rates & Date Recent Freight Rates & Date % Change from Peak Key Factors Affecting Rates Container Shipping $10,377 per 40ft container (Sept 2021) $3,364 per 40ft container (Jan 30, 2025) -68% Post-pandemic trade normalization, reduced port congestion, demand stabilization LNG Shipping $100,000+ per day (Mid-2022) $4,250 per day (Feb 4, […]

  • The Shipping Almanac

    Containership Orderbook Hits Record High, But Scrapping Declines: Industry Faces Challenges

    The containership orderbook has reached a new high in 2024, with a total of 8.3 million TEU, surpassing the previous peak of 7.8 million TEU set just a year earlier. This surge in new orders is primarily driven by the need to replace aging ships that no longer comply with increasingly stringent environmental regulations. Despite […]

  • The Shipping Almanac

    Tanker Fleet Expansion in 2025: Growth or Imbalance?

    The product tanker market is set for a significant shake-up in 2025, with newbuild deliveries projected to surge to 12 million deadweight tonnes (DWT). This marks a staggering 256% increase from the 3.4 million DWT delivered in 2024, reaching a 16-year high and the second-highest level on record. While this influx of new tonnage suggests […]

  • The Shipping Almanac

    Tanker Market in Turmoil: Shrinking Newbuilds, Aging Ships, and an Uncertain Future

    The crude oil tanker industry is undergoing a structural shift, marked by a dramatic contraction in newbuild deliveries and an increasingly aging fleet. With only 17 crude tankers (2.5 million DWT) delivered in 2024—the lowest in 36 years—the fleet has grown by a mere 0.2%, making it the slowest expansion in over two decades. Meanwhile, […]