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Shipping Market Review – May 2018 3
HEAD OF RESEARCH
Christopher Rex, research@shipfinance.dk
ANALYTICAL TEAM
Ninna Møller Kristensen
Jonas Munch Stenbjerg
Sara Møller Jensen
Caspar Wergeland
Shipping Market Review – May 2018 4
TABLE OF CONTENTS
Shipping Market Review – May 2018
PERSPECTIVES AND KEY TAKEAWAYS, 5
GENERAL REVIEW AND OUTLOOK, 7
SHIPBUILDING, 15
CONTAINER, 21
DRY BULK, 27
GLOBAL OIL MARKETS, 33
OFFSHORE SUPPORT VESSELS, 36
SUBSEA VESSELS, 42
CRUDE TANKER, 48
PRODUCT TANKER, 54
LPG TANKER, 60
LNG TANKER, 66
Shipping Market Review – May 2018 5
PERSPECTIVES AND KEY TAKEAWAYS
How do we unlock the next level of value in the shipping industry
This report reviews key developments in the shipping market
and the main shipping segments up until May 2018 and
indicates possible future market directions. Please read the
disclaimer at the beginning of this report carefully.
In this edition of our Shipping Market Review, we take a closer look at
how digitalisation may impact the long-term outlook for the shipping
industry. We highlight some global perspectives that provide a basis
for determining the outlook. We present digitalisation as an
opportunity for future value creation.