by Will Fray, Director, Maritime Strategies International (MSI)

From trade wars and military conflicts to pandemics and natural disasters, not to mention growing environmental regulations and government interventions, disruptions to supply chains and global shipping markets have had an enormous impact on freight costs and asset values in the last decade.

Disruptions have primarily impacted the efficiency of the global fleet through factors such as distances, speed, port days, maintenance schedules, and ballast patterns.

These efficiency factors are central to MSI's shipping and offshore market models, even if obtaining reliable measurements has sometimes been challenging.

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