the contradictions of shipping to the Young examination of the Group the agents and marine brokers of Genoa



Every which time our daily paper has asked the directive summits of primary societies of navigation on which bases the answers were founded the recent consisting programs of investments in new ships have been perlopiù always the same ones, those which until yesterday or the day before yesterday, but still today, they motivated and they explain these expenses in the relations of the budgets periodicals of the shipowning companies: increase perspectives; income on the new markets; economies of scale; favorable market of the new constructions; easyr access to the financings.

Turning the same question to leaders hardly beneath of the top management of the companies the answer always has been a single one: studies, relationships and forecasts relieve the action of the leadership. Amazing retort, since for a long time the analyses of the expert societies of advising of shipping are all agree in signaling the fort risk of an excess of offer and a concomitant decrease of the question.

But it is not an innovation that the things go so in the marine world. "Our world has short memory", according to Ennio Palmesino, marine broker of Genoa Sea Tankers. How not to give reason to it? It would rather have to add that other peculiarities of the shipping are those of also to have seen short and not to hesitate to hang in diabolically in the error.

Taking part to the convention on the topic "What is the bulk shipping market coming to" organized from the young agents and marine brokers of Assagenti, than one has held yesterday in the center of the Harbour Authority of Genoa, Palmesino, fort of its deep acquaintance of the field of cargos liquids, has specified that "in the Eighties, more than the broker than cargos liquids I made the broker of location for the disarmament of the ships: a quarter of the fleet - it has remembered - was firm".

A phenomenon, that of the disarmament, of which the absence in the crisis of the days is evidenced ours. "Banks, trusts, the excessive speculation that has swept up the world of the shipping in last the twenty years - has explained the broker Eugenio De Paolis of the Bulk Sea - they are phenomena that at the beginning of my career did not exist almost". Now in seven years a advanced tonnage is ordered to the existing fleet: "a mass suicide", it has observed De Paolis.

That does not alter the fact that the shipping it seems disposed not to contradict itself: "already today - Palmesino has confirmed - the resumption of the field liquid is tempting and is beginning to see movement in the order of new units. This worries me a lot".

If it is stated that corrective effects of the market, as slow steaming and reduction of the orderbook exist, also is evidenced that "he is equally real to assert that the true sacrifice for a shipowner is the disarmament, what it could indeed stimulate a resumption". Regarding twenty years ago - but it has specified De Paolis - "the layup (to stop the ship) it is however more expensive. Today there are greater costs of safety that they could not return more convenient the resource to this practical one".

Regarding the demolitions of ships, "as in any market - it has specified Palmesino - they command supply and demand, and the greater question of scrapping is forcing down the price corresponded to the shipowners for the iron. In future - it has emphasized the broker - we will have to accustom us to this: it will be arrived to a point in which the environmental implementations for digestion they will force the shipowners to pay for having the necessary certifications to the demolition and papers in order today have Turkey to them, not India".

De Paolis has rimarcato also the recent developments determined from the "transfer of the finance from shipping to the degrees the stock trader. The Glancore case - it has found - is emblematic and it must make us to reflect; some of its choices are risked and it wonders to us how much is influenced by logical of securities market".

The encounter has been concluded with a panoramic one on the strategic role of the oil to total level: "it was thought - Palmesino has remembered - than with Barile so low the future of the fracking was black and instead today we assist to the first cargo of schist oil that leaves from the American ports towards Venezuela, its supplier historian: to the limits of the imaginable one. Nevertheless we are at the end and not because the escorts are beeing exhausted, simply the world is orienting itself towards other electric power supplies and in the years to come it will be the gas to dominate the scene".