Hello, Maritime Enthusiasts! 🚢🌊
Welcome back to the latest edition of Maritime Analytica's engaging newsletter!
Prepare to dive into a world of cutting-edge container shipping insights, strategic guidance, and the latest industry trends.
1- Positive Outlook for Carriers: Freight Sentiment Indexes on the Rise in Q3/2023
Carriers are showing increased positivity for their profitability in Q3/2023.
Shippers have enjoyed pricing power this year due to excess capacity, but their sentiment in Q3/2023 now dips to 8.32 from 10.56.
This shift in sentiment could be a first indication of a market change in favor of Carriers, Brokers/3PL.
2- CMA CGM: Global Number Two in Sight
It is currently the global number three with 625 vessels.
Currently, it has second-largest orderbook (1.24 MTeu) after MSC.
It could overtake Maersk in 2026, become number two as per Alphaliner.
3- 20 Years of Container Ship Growth
The capacity of the largest container vessels has doubled in the last 20 years, according to Allianz.
65% of fleet growth in 2024-2025 will be concentrated on ships larger than 15.000 teu. Ships smaller than 3.000 teu will reduce, as per BIMCO.
4- Top 10 Carbon-Emitting Countries + Global Shipping
If global shipping were a country, it would be among the top 10 carbon dioxide emitters based on 2021 annual emissions from fossil fuel combustion and industry (in metric tonnes).
5- Top Shipping Lines in 2001 by Profit