DynaLiners Trades Review 2019 (DynaLiners Subscribers)
We have pleasure in presenting you the 26th edition of our DynaLiners Trades Review.
As usual, Dynamar’s annual magazine is once again packed with an amazing wealth of container and general cargo shipping data on the subjects of Container Trades, Carriers, Ships, Ports, Terminals – Breakbulk Heavy Lift/Load, Ro/Ro, Reefer trades and so much more, providing a wealth of tables, figures, data, information and commentary… forgive us this long sentence, but we are always getting so enthusiastic about the rich content of each new DynaLiners Trades Review edition ourselves…
Although liner operators including those trading around the world, so to speak, will have been working hard to repeat, rather exceed, the year 2017’s profitability, the effective results were barely worth the efforts - which explains the title of this year’s Review: Much Ado For Nothing!
Factually, and if it comes to containers, 2018 has just not been a year of grant happenings and events, certainly not if compared with the period 2015-17 which saw 10 traditional carrier brands consigned to history.
Things were different last year for the non-container sector where Boskalis decided to remove half of its semi-submersible fleet - Zeaborn (75%) and Intermarine (25%) merged - Hansa Heavy Lift (HHL) called it a day.
Operators come and go, markets go up and down, but certainly not everything is negative on the Breakbulk side of the review. Effective 1 July 2019, average daily charter rates for a 12,000 tons deadweight multipurpose ship stood at USD 7,600 according to Toepfer Transport. It was substantially lower at USD 7,200 a year before then.
In the ten years period until 2018, a rounded 1,600 breakbulk vessels were built and 1,800 scrapped, a clear sign of a shrinking fleet. Additionally, the 2020 IMO fuel sulphur regulation will unavoidably induce additional scrapping. In other words: there is no overcapacity in the breakbulk/multipurpose fleet as is.
Never to be missed… And Finally… this time dealing with unwanted cargo of which simple plastic is the most menacing one.
We trust to have presented you, reader and user, with yet another highly interesting liner shipping document, holding more than good for continuous consultation until the next edition and beyond. We do appreciate your comments and feedback!