Fleet growth

Thinking about expanding your fleet?

The blistering summer heat is starting to taper off as we approach the start of fall. But while temperatures have started to decrease, freight rates in the trucking sector continue to heat up.

According to Truckstop.com analytics, the average national rates for dry van and reefer truckloads have steadily risen since May, reaching the highest levels since 2018. Similarly, SONAR’s U.S. Outbound Tender Rejection Index illustrates the market’s tightness by showing freight rejections climbing steeply...

https://s29755.pcdn.co/news/thinking-about-expanding-your-fleet

Freight Rates Slump To 12 Month Low As Oil Production Cuts & Demand Sets In

A stunningly strong 12 months for the tanker shipping industry is now being replaced by lower freight rates, as lower oil production and demand sets in across the globe, writes BIMCO CEO, Peter Sand in an article published on their website.

Only China bucks this trend with record-high crude oil imports, benefiting from the low oil price. Given the global recession and lower transport demand, however, the tanker industry is set for some challenging months.

Demand drivers and freight rates
  • Crude...

https://mfame.guru/freight-rates-slump-to-12-month-low-as-oil-production-cuts-demand-sets-in/

Container Market Set To See Net Fleet Growth Slowdown in Next 3 Years!

  • Container shipping is set to see net negative fleet growth over the next three years, says MSI.
  • The net fleet growth has slowed with most growth coming in the largest sized vessels.
  • MSI modeling highlights the market dynamics and is a key driver of the container shipping performance.

Container shipping is set to see net negative fleet growth over the next three years, according to Maritime Strategies International (MSI), reports Barry Parker for Seatrade Maritime News.

Drop in net fleet growth

S...

https://mfame.guru/container-market-set-to-see-net-fleet-growth-slowdown-in-next-3-years/

BIMCO Tanker Shipping Market Analysis

BIMCO bucks general consensus on tanker markets outlook in 2020. The general consensus is the tanker market will benefit from IMO 2020 but BIMCO has a different assessment: “tanker demolition is slowing and ordering is on the rise.”

Demand for fleet growth

By the middle of August, the tanker fleet has already grown by 4.3%. Growth in the crude oil tanker fleet is particularly high with BIMCO expecting full year growth of 5.3%.

The higher fleet growth comes not only from increased deliveries, but...

http://mfame.guru/bimco-tanker-shipping-market-analysis/