As the traditional peak season, in the northern hemisphere summer often reflects the owner of the existing business results, and become the owner think about the future plans of period of time. Usually capital market and the shipping market is stable in the season but has the status of the weak. However, this year's summer is not as usual.

Shipping industry as the world's main transport trade industry, carrying the world more than 90% of the raw materials, finished products and energy products, led to the current operation and development of global trade. Shipping industry, therefore, depends on the market demand, and market demand has also been the various parts of the world and the country's economic change, political change and the effects of war. While the world is now in the post-war economic cycle summary the most unstable period, at the same time, the outbreak of the civil and religious wars in the Middle East and showed no sign of fading.

In the past ten years, China's rapid economic growth and the United States and other developed economies, consumer demand in Europe also provides a strong demand for shipping. The craze until the end of the 2008 financial collapse, but at the same time shipping has ordered thousands of new shipbuilding, make future fleet capacity growth reached more than 50%. At the same time, China and South Korea shipbuilding capacity, there is huge expansion. Although in the wake of the financial crisis, some booking the customer's economy has been stagnant, or even a recession, but China's economy continued to grow. And whether through public markets or as bank lending, private equity funds, owner continues to build new ships, and sell the new shipbuilding short-term profits, on the other hand, it also shows the shipping market is still in expanding.

Now, the shipping industry in the global market faces other challenges, including the collapse of the Greek economy, the European Community has not yet appeared signs of economic recovery, etc. And as the world's oil and gas production center, the Middle East unrest has not cause profound impression to the shipping industry. Although Opec cut prices nearly 50% also failed to promote the market demand, but the oil and gas supply growth have some substantial recovery. In addition, the United States and Iran's nuclear deal will allow Iran's oil and ultra large tanker fleet back into the market.

At present, the new shipbuilding market has a huge amount of crude oil and refined oil ship orders ship, these new production of ship will be delivered in the next three years, but the market demand has not yet showed signs of growth. In excess capacity under the weight of the market, there are still many other problems need owner to consider, including some of the equity investment slowdown, Banks do not participate in the financing problems.