Weak Shipping Markets Stimulate Search for Improved Fuel Efficiency and Shipowner Cooperation, says IHS Maritime Analysis

Dateline City:
SINGAPORE
  • Ship deliveries slowdown since peak of 2011 and 2012 gives rise to increased vessel conversions, efficiency designs and shipyard consolidation
  • Optimal fuel efficiency and ship class diversification are key factors to a rebound in charter rates, possibly towards year-end 2015 and beyond

SINGAPORE--(BUSINESS WIRE)--The slowdown in fleet supply growth for dry bulk ships should result in better diversification in ship sizes (or tonnage balance) over the next few years.

Language:
English
Contact:

IHS Inc.
Danny Cheung, +65 6439 6192
Danny.Cheung@ihs.com
or
Press Team
+1 303-305-8021
press@ihs.com

Ticker Slug:
Ticker:
IHS
Exchange:
NYSE

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