Ship Market Life Signs: A New Analytical Tool

by Sydney P. Levine, President, Shipping Intelligence, Inc., New York

The recent media coverage about the probable purchase of 49% of Stelmar Tankers by the Diogenes Fund provides an opportunity to explain and then use a new analytical tool – Ship Market Life Signs.

First, the explanation.

For some time, we at Shipping Intelligence have been working on a new way to describe the bulk shipping markets, both wet and dry. We wanted our description to cover ship prices and charter rates or, more generally, asset value and earning power. Further, it would have to relate the current market to history, an important factor in the cyclical shipping business. And finally, it would have to be concise and easy to grasp as a whole, not just a group of unrelated numbers.

This is only an excerpt of Ship Market Life Signs: A New Analytical Tool

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