BALTIC DRY INDEX

NEWS

Current Application Release: August 2010 | Next Release: October 2010



Shipping Markets

 

Marsoft has teamed up with the newly founded Lorange Institute outside Zurich to run a Shipping Markets program during the weekend of 4th and 5th September 2010. The co-directors are Arlie Sterling, President of Marsoft, and Peter Lorange, Chairman and President of the Lorange Institute.

 

For details of the program and registration please visit www.marsoft.com/shippingmarkets and for further information contact one of our offices or jan.fraser.jenkins@marsoft.com, 44 207493 3880

 

Client Meetings: Q3 2010 London

 

Our next European client meeting will be on Thursday, 30th September at the offices of ING Bank London. The meeting will be open from 9.30 am for a 10.00 am start. For further information contact Jan Fraser Jenkins on 44 207493 3880 or email jan.fraser.jenkins@marsoft.com

 

 

Marsoft Market Reports


Marsoft produces quarterly updates on the dry bulk, tanker, containership and LNG tanker markets together with interim ebriefs. The Marsoft Reports are analogous with the latest updates to Marsoft’s market evaluation tools and decision support systems. For further details please contact one of our offices.

 

Click here to read Marsoft’s current Market Review for the Dry Bulk, Tanker and Containership markets.

 

 

Marsoft's LNG Tanker Market Services


The world’s LNG fleet grew by more than 8 million m3 of cargo capacity in 2008 and again in 2009 – the largest annual growth records in the history of LNG shipping. Combined with weakened LNG trade growth due to the global economic slowdown, this has led to significant overcapacity in the LNG fleet, and very weak earnings for LNG carriers engaged in short-term trades. What are the prospects for a recovery in this market? When are new LNG orders likely to materialize?


Marsoft’s forecast of the LNG trades and shipping market conditions suggests that we are likely to see short-term rates recover gradually by late 2010. Keys to recovery are a return of Asian and European import demand growth and the volatile US LNG import situation. Some ordering is expected in 2010; but significant new ordering is not likely until 2011. LNG import demand constraints are likely to be the dominant factor in LNG shipping markets for several years.


For further details about Marsoft’s LNG Tanker Market Services please contact one of our offices.



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