drewry

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,

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

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

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

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,

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

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

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

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

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

By Mike Wackett (The Loadstar) – In the face of increasing anger from shippers over emergency bunker surcharges, shipping consultant Drewry too has

(Drewry) – Despite a recovery in cargo shipping markets, ship manning costs will remain suppressed as shipowners and operators continue to be financially

(Drewry) – Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the

By Mike Wackett (The Loadstar) – Ocean carriers have this year shown themselves to be “well-skilled” in the art of capacity management, according to

(Drewry) – Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth and a bloated orderbook limit any rate recovery.

By Gavin van Marle (TheLoadstar) Shippers would prefer to be treated by container lines as partners rather than customers, according to a new survey. Shippers

(Drewry) – Following another poor year for multipurpose shipping with further erosion of rates making it the worst market in over 10 years, signs of

Spot container freight rates from North Europe to China increased by 45% this week, reaching a four-year high, according to the shipping consultancy Drewry.

(Drewry) – The cost of operating cargo ships has fallen for two successive years but is forecast to rise in 2017 and beyond, according to the latest Ship

By Mike Wackett (TheLoadstar) The Asia-Mediterranean trade is still “over-tonnaged”, with headhaul ship utilisation below other major east–west markets,