Danish Ship Finance projects bleak future for shipping

Looking ahead to 2030, the global shipping industry is perched on the threshold of a structural downturn in seaborne cargo across all sectors, predicts Danish Ship Finance. 

In its new half yearly analysis, Danish Ship Finance paints a grim picture of the international shipping industry ahead of 2030 for its three most important sectors - container, bulk and tank.

The report states that local and regional technological innovation combined with a shift from fossil fuels towards renewable energies may reduce the volume of cargo at sea and the need for sea freight in the future. At the same time, shipowners can no longer make a direct link between growth in the world economy and growth in their freight volumes, as China's development is strong evidence of the shift towards a service-oriented economy.   

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs