This page only provides entry information and excerpts. This site does not reproduce the full text of the report——The copyright of this report belongs to the issuing organization,
For the complete content, please access the original link above.
opening excerpt
2
Shipping Market Review – November 2020
HEAD OF INNOVATION & RESEARCH
Christopher Rex, rex@skibskredit.dk
ANALYTICAL TEAM
Jonas Stenbjerg, Senior Analyst
Tore Hjelmager, Analyst
Jonas Hoffmann, Analyst
Sebastian Müllertz, Analyst
3
Shipping Market Review – November 2020
TABLE OF CONTENTS
A pathway to zero-carbon shipping, 4
Shipping markets at a glance, 20
Shipbuilding, 27
Container, 33
Dry Bulk, 39
Crude Tanker, 45
Product Tanker, 51
LPG Carriers, 57
Offshore Supply Vessels, 63
4
Shipping Market Review – November 2020
A PATHWAY TO ZERO-CARBON SHIPPING
5
Shipping Market Review – November 2020
The shipping industry is struggling to identify a clear pathway towards decarbonisation.
The asset base is owned by small and medium-sized players. The fragmented industry
structure complicates the articulation and development of an industry-wide strategy for
zero-carbon fuels. Many initiatives are currently being reviewed. Costs remain a major
issue. There is currently no zero-carbon fuel that can offer a global distribution network at
scale which is price competitive with current bunker fuels.
The short- and medium-term outlook is shrouded in uncertainty. The industry’s low return