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Macro Macchiato: Trust Me, I'm an Analyst
The Six Million Dollar Man...and then Some.... In Autumn 2018 I gave a presentation to an audience of financiers and investors in New...

Mark Williams
Oct 12, 20205 min read


Is President Xi going to save the world? What will that do to shipping?
The world's largest PV solar cell array at Qinghai Province, China. Pic: Sungrow On 22 September, President Xi announced that the Chinese...

Mark Williams
Oct 5, 20206 min read


Shipping Has To Get Its Retaliation In First
Who is setting the decarbonisation agenda? Have you seen the images of the CMA-CGM Jacques Saadé? Named after the founder of CMA, later...

Mark Williams
Sep 28, 20204 min read
How Does China Do It? And What is That Doing to Dry Bulk Freight Markets?
While the rest of the world struggles with the economic disruption caused by coronavirus, China posts record output numbers. The official...

Mark Williams
Sep 21, 20204 min read
What Could Peak Oil do to Oil Tanker Demand?
I’m sure you’ve seen reports this week about how bp is predicting Peak Oil. it’s a scenario that is considered in this year’s annual bp...

Mark Williams
Sep 15, 20204 min read
To decarbonise shipping, we may have to kill the spot market
Mining giant BHP Group announced last Friday that it has awarded a tender to charter five bulk iron ore carriers powered by liquefied...

Mark Williams
Sep 7, 20206 min read
Farewell Abe, Hello Hydrogen
Japan's Next Leader Must Look to the Future Japan’s Prime Minister Shinzo Abe has bowed out for medical reasons and will step aside when...

Mark Williams
Aug 31, 20203 min read
China Covets the Pilbara Killer
In July, China imported a record amount of iron ore – 10 Mn T more than the previous monthly record. For the first seven months of 2020,...

Mark Williams
Aug 27, 20204 min read
Liner Companies Have Learned their Lessons
Liner companies have announced a positive set of results, by and large, this earnings season. Anyone who watched the slump in container...

Mark Williams
Aug 19, 20203 min read
A New Cold War and a New Hot Freight Market?
Like me you may have read many recent articles about the evolving Cold War between the US and China. Opinions vary (of course) and run...

Mark Williams
Jul 21, 20205 min read
The world has already ended: you just haven’t noticed yet
The UK Chancellor of the Exchequer, Rishi Sunak, is generally thought to have had a good crisis. He was quick to offer state aid to...

Mark Williams
Jul 14, 20204 min read
Decarbonising Shipping: Going Flat?
This week, the IMO is holding an informal online meeting for its members (flag states and industry associations) in which they can...

Mark Williams
Jul 7, 20204 min read
The Mandate of Heaven and Shipping
One is tempted sometimes to think of 21st Century China as a machine for generating wealth and perpetuating the rule of the Chinese...

Mark Williams
Jun 30, 20205 min read
Long term consequences of crew rotation crisis?
The seafarer crisis continues to develop. Hugo de Stoop, CEO of Euronav, has described stranded seafarers as “hostages of the...

Mark Williams
Jun 23, 20203 min read
Mass Rapid Testing Could Unblock the Seafarer Logjam
The United Nations Conference on Trade and Development (UNCTAD) and International Maritime Organization (IMO) issued an estimate on June...

Mark Williams
Jun 15, 20203 min read


Some thoughts on the newbuilding markets
On Monday, Qatar Petroleum reported a 100-berth, USD 19 Bn deal to build LNG carriers in South Korea. The moribund newbuilding markets...

Mark Williams
Jun 3, 20203 min read
Macro Macchiato 27/04/20: Waterloo for the Free Market?
When Alice entered the strange and surreal world through the looking glass, she retained the power of rational thought. Perusing her new...

Mark Williams
Apr 27, 20203 min read
A Kangaroo Shaped Recovery
Some readers may have listened to me discussing the post-Coronavirus trade scenarios with Richard Meade of Lloyd’s List on one of their...

Mark Williams
Apr 20, 20204 min read


Lick it, or become like China
Coronavirus cases continue to mount world-wide. It’s getting to the point now where we all know somebody with symptoms and nearly...

Mark Williams
Mar 30, 20204 min read
Lick it, or become like China
Coronavirus cases continue to mount world-wide. It’s getting to the point now where we all know somebody with symptoms and nearly...
Mark Williams
Mar 30, 20204 min read
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