Outlook 2020 Forum

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BIMCOs Chief Shipping Analyst Peter Sand will debate a raft of critical issues shaping the maritime markets today and in 2020.

The forum will address the opportunities and challenges facing the shipping industry post-2020 in a decade likely to see irreversible change triggered by the imperatives of regulatory reforms and the drive towards decarbonisation.

Shipping is oversupplied with complex, but important questions that require answers. Lloyd’s List, together with Lloyd’s List Intelligence, will seek to supply those answers, in partnership with the industry’s best and brightest, to compose a clearer picture of what the industry will look like from 2020.

Key Topics for Discussion

  • Will shipping ever recover its cost of capital?
  • What percentage of the global fleet will have installed and kept scrubbers?
  • How will low sulphur fuel uptake impact profits?
  • What are the biggest blockers to the operational efficiency of the industry?

The single panel of recognised industry ‘big thinkers’ will be moderated by Richard Meade and will debate those critical questions shaping the maritime markets.

In the September issue of the BIMCO Bulletin you will find BIMCOs most recent market outlook for global economics, dry bulker, oil tankers and containerships.

BIMCO Chief Shipping Analyst comments:

On global economics: “Financial market are beginning to voice concerns over a potential recession which would bring the longest US expansion on record to an end”

On oil tanker shipping: “By the middle of August, the total tanker fleet has already grown by 4.3%” and “This high fleet growth will put pressure on earnings.”

On container shipping: “The trade war is certainly making itself felt on the Far East to North America route” and “BIMCO expect the GDP multiplier to stay around one for the foreseeable future”

On dry bulk shipping: “The strong increase in Capesize and Panamax earnings reflects a change in the market dynamics since the beginning of the year”

Source:www.bimco.org/events/20191210-outlook-2020-forum

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