drewry


Tuesday, November 28, 2023
Aerial view of containerships at the port of Southampton
Shipping

Fleet-Heavy Ocean Carriers Also Stuck With too Many Containers

By Mike Wackett (The Loadstar)- Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed. In

November 28, 2023
Total Views: 4805

Friday, October 27, 2023
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

Ocean Carriers’ Hopes for Rate Hike Dampened as Spot Rates Spiral

By Mike Wackett (The Loadstar) – Drewry’s WCI container spot rate index was a sea of red ink again this week, ahead of a planned wave of ocean carrier

October 27, 2023
Total Views: 1426

Friday, September 15, 2023
Containership docking Port of Long Beach
Shipping

Carriers Pull Capacity to Boost Floundering Spot Rates

By Mike Wackett (The Loadstar) – Container spot indices are showing a sea of red ink this week, with short-term freight rates down on all the major

September 15, 2023
Total Views: 1663

Wednesday, June 7, 2023
ship navigation bridge
Shipping

Ship Officer Shortage Worsening, Drewry Says

The global shipping industry’s severe shortage of ship officers has reached its worst on record and shows signs of abating, according to Drewry’s

June 7, 2023
Total Views: 6710

Wednesday, January 25, 2023
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

2M Breakup Leaves Maersk in a Tight Spot

Drewry believes MSC’s biggest size makes it better positioned to go it alone in the competitive market for container shipping, while Maersk’s focus

January 25, 2023
Total Views: 5288

Aerial top view of a containership at port
Shipping

Freight Rates Seen as a ‘Smoking Gun’ on Inflation

By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp

January 25, 2023
Total Views: 3356

Friday, October 21, 2022
Aerial top view of a containership at port
Shipping

Export Markets ‘Destabilized’ as Carriers ‘Undersell’ Capacity

By Mike Wackett (The Loadstar) – Ocean carriers are endeavouring to top up their ships from China with heavily discounted spot cargo as their contracted

October 21, 2022
Total Views: 1893

Tuesday, October 4, 2022
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

Managed Decline: Ocean Carriers Face Challenge of Keeping Pandemic Windfalls, Drewry Says

As container shipping’s historic pandemic-fueled bull run comes to an end, ocean carriers are entering a period of “managed decline” where

October 4, 2022
Total Views: 2162

Tuesday, September 27, 2022
Aerial view of a container ship
Shipping

Shippers Finally Holding the Cards Advised Against ‘Seeking Revenge’ in Contract Negotiations

By Mike Wackett (The Loadstar) – Shippers will be back on the front foot when the 2023 contract negotiations begin, but a leading maritime consultant is

September 27, 2022
Total Views: 2690

Monday, August 15, 2022
APM terminals los angeles
Shipping

Surefooted Terminal Operators Show Increased Appetite for Higher-Risk Greenfield Projects

Global terminal operators are showing an increased appetite for higher-risk greenfield projects in the wake of the COVID-19 pandemic, according to industry

August 15, 2022
Total Views: 1327

Friday, July 15, 2022
crane loading container
Shipping

Record Container Ordering in 2021 Created Equipment Surplus, Drewry Says

Container lessors and ocean carriers ordered a record number of containers in 2021 as congestion across global supply chains kept equipment tied up for longer,

July 15, 2022
Total Views: 1615

Thursday, June 30, 2022
container shipping
Ports

Drewry: Beginning of the End for Container Shipping’s Bull Run

Container shipping’s pandemic-fueled boom cycle has undoubtedly taken a turn in recent months, but lingering congestion is likely to prevent a swift

June 30, 2022
Total Views: 21371

Thursday, October 7, 2021
Forecasters See No Supply Chain Recovery Before End of Next Year
Shipping

Forecasters See No Supply Chain Recovery Before End of Next Year

By Mike Wackett (The Loadstar) – Hopes of a return to some form of normality in global supply chains after Chinese New Year in February have been dashed

October 7, 2021
Total Views: 2095

Thursday, September 16, 2021
singapore
Finance

Marine Money Experts Warn Against New Ship Capacity As Prices Surge

By Elizabeth Low (Bloomberg) Shipowners and financiers should avoid sinking money into new container vessels despite a global crunch because record orders have

September 16, 2021
Total Views: 1557

Thursday, June 3, 2021
ship navigation bridge
Shipping

Drewry Sees Ship Officer Shortfall Hitting Decade-High by 2026

Shipping consultancy Drewry says the shipping industry should brace for a shortage of officers to crew the world’s commercial fleet in the coming years,

June 3, 2021
Total Views: 3998

Monday, January 13, 2020
containership
Interesting

Another Challenging Year Ahead for Container Shipping, Drewry Says

By Mike Wackett (The Loadstar) – 2020 will prove another challenging year for ocean carriers in terms of capacity management, according to Drewry.

January 13, 2020
Total Views: 87

Wednesday, July 24, 2019
Drewry Sees DP World’s Traffic Jarred by Politics, Rival Port
Maritime News

Drewry Sees DP World’s Traffic Jarred by Politics, Rival Port

By Verity Ratcliffe (Bloomberg) –U.S. sanctions against Iran and competition from Abu Dhabi are reducing traffic at DP World Plc’s home ports in

July 24, 2019
Total Views: 22

Wednesday, May 1, 2019
rickmers maritime
Maritime News

Drewry Says Scrapping Younger Containerships Will Help Rebalance Supply and Demand

By Mike Wackett (The Loadstar) – Drewry has urged containership owners planning to scrap older vessels this year to “get a move on”. The number of

May 1, 2019
Total Views: 104

Wednesday, January 16, 2019
maersk ship
Maritime News

Carriers Show Reduced Appetite for Megaship Orders, Drewry Says

By Mike Wackett (The Loadstar) – A “reduced appetite” for ordering ultra-large container vessels (ULCVs) and carriers instead aspiring to become

January 16, 2019
Total Views: 23

Tuesday, August 28, 2018
unifereder-container-ship
Finance

Is DP World’s ‘One-Stop Shop’ Ambition Too Risky?

By Mike Wackett (TheLoadstar) DP World’s planned acquisition of European shortsea container line Unifeeder took the industry by surprise when the deal was

August 28, 2018
Total Views: 28
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