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HEAD OF RESEARCH
Christopher Rex, rex@shipfinance.dk
ANALYTICAL TEAM
Ninna Kristensen
Jonas Jensen
TABLE OF CONTENTS
SHIPPING MARKET REVIEW – DECEMBER 2016
EXECUTIVE SUMMARY, 7
GENERAL REVIEW AND OUTLOOK,
13
SHIPBUILDING, 27
CONTAINER, 39
DRY BULK, 51
CRUDE TANKER, 63
PRODUCT TANKER, 73
LPG
TANKER, 83
GLOSSARY, 93
EXECUTIVE SUMMARY
SHIPPING MARKET REVIEW – DECEMBER 2016
The report reviews key developments in shipping markets and the
main shipping segments during the period May 2016 to December
2016 and indicates possible future market directions. Please read
the disclaimer at the beginning of this report carefully.
The first section of this repo rt – our General Review and Outlook
– is intended to promote discussion of the medium to long -term
drivers of the shipping industry. Some investors seem to believe