Norway – Maritime Outlook Report 2018

The Norwegian Shipowners’ Association annual outlook survey indicates guarded optimism with regard to revenue and profitability in 2018. Half of Norwegian Shipowners’ Association members anticipate increased turnover in 2018. For the offshore segments, survey results indicate that peak layup has likely been reached.

Five Global Shipping Trends to Watch in 2018

Overall, 2017 was a good year for the ocean shipping industry. Operating margins for most carriers improved, driven by robust demand, positive inventory developments and higher rate levels. Will the positive recovery continue? Or will the vicious cycle we’ve experienced since 2008 continue, where carriers are truly profitable for only three to four years at a time?