
MARKET INSIGHTS
The Anatomy of Shipping Cycles

Booms, peaks, collapses, and troughs—any market veteran knows the rhythm of shipping cycles. Yet despite their familiarity, cycles remain notoriously difficult to predict, with no two exactly alike in duration, scale, or trigger.
Veson Nautical’s latest Market Insights report explores the recurring tension at the heart of each cycle: balancing vessel supply with global cargo demand. The report examines three notable examples—1990s Recovery, Champagne Supercycle, and Covid-19 disruption—to understand what drives their rise and fall.
While past cycles can’t dictate what is yet to come, key indicators can help signal where we are in the current cycle. This graph below analyzes the relationship between secondhand and newbuild values:

This report breaks down each cycle stage and shows how combining historical trade flows with asset valuations can help you better time fleet decisions, manage risk exposure, and act decisively when the direction becomes clearer.
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