Danish Ship Finance has issued the latest Shipping Market Review – May 2021 and is HERE available to download.

Digitisation has never been the end game but rather a means for developing new value drivers and new business models. The shipping industry has yet to identify and commercialise new value drivers and new business models. Experience from other industries suggests that additional value can be created if we reinvent the business models of vessel ownership.

Danish Ship Finance presenst some additional thinking on the concept of vessel-as-a-service. Consider a scenario where some parts of the shipping industry are carved out by players that earn their money outside the freight markets. How do you compete with a vessel that delivers a higher return on invested capital than a traditional vessel?