Maritime CEO Issue One 2015

Page 54

MARPOLL REGULAR

Second annual Future of Shipping Poll Our range of questions certainly piqued many of you. Results and key comments below Does the shipping industry need so many brokers?

What will be the biggest headache for shipowners in the coming five years?

Yes 26%

If it weren't for information asymmetry, the entire broking industry Yes 26% could be replaced by a No 74% well-managed, eBay-style system

No 74%

Shipowners must treat crew better

Overcapacity

53%

Finance

13%

Environmental regulations 18% Bunker prices

5%

Crewing

Overcapacity

53%

Finance

13%

11%

Environmental regulations 18% Bunker prices Crewing

5% 11%

Are overpriced ship prices now a permanent feature of shipping?

Will the current pace of consolidation in the maritime industry continue?

Shipowners are still far too fragmented to be a real market force, especially with Yes 86% to many of the major respect No 14% charterers

Overpriced ships are partly due to easy money from US investors. This Yes 36% money has created a bubble No 64% to asset prices

Yes 36% No 64%

Yes 86% No 14%

Will owners regret the extensive ordering of ecoships now that bunker prices have halved?

How long will private equity continue to have a strong influence on shipping?

Anyone who is using this drop to make long-term decisions is doomed to fail Yes 39% No 61%

Yes 39% No 61%

” 1 year

3%

2 years

20%

3 years

7%

4 years

5%

5+ years 65%

52

They are here to stay. And it will also drive the 1 year 3% industry to20% become more 2 years 3 years 7% transparent and more clean, 4 years 5% 5+ years 65% more efficient. But it will also make the industry more shortsighted

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