Friday, July 15, 2022
crane loading container

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: 1540

Thursday, June 30, 2022
container shipping

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: 20937

Thursday, October 7, 2021

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: 2089

Thursday, September 16, 2021

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: 1541

Thursday, June 3, 2021
ship navigation bridge

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: 3988

Monday, January 13, 2020

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: 70

Wednesday, July 24, 2019
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: 7

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: 92

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: 10

Tuesday, August 28, 2018

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: 15

Tuesday, June 5, 2018

Drewry Hits Out at Container Lines as Anger Builds Over Bunker Fuel Surcharges

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

June 5, 2018
Total Views: 29

Tuesday, September 5, 2017
ship navigation bridge

Drewry: Shipping’s Recovery Not Enough to Lift Seafarer Wages

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

September 5, 2017
Total Views: 49

Monday, June 26, 2017
cargo ship

Drewry: Multipurpose Shipping Market to Strengthen on Growing Demand

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

June 26, 2017
Total Views: 9

Monday, June 12, 2017
Maritime News

Container Lines Praised for Capacity Management Skills

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

June 12, 2017
Total Views: 36

Wednesday, May 10, 2017
Maritime News

Drewry: Scrapping to Determine Pace of Recovery for Tanker Shipping Market

(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.

May 10, 2017
Total Views: 5

Saturday, April 15, 2017

Survey Says, Shippers Want Partnership With Carriers

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

April 15, 2017
Total Views: 45

Friday, March 31, 2017
cargo bulk ship
Maritime News

Drewry: Light at the End of the Tunnel for the Multipurpose Shipping Market

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

March 31, 2017
Total Views: 6

Friday, March 10, 2017
Maritime News

Spot freight Rates Soar on Backhaul North Europe to Asia Route

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.

March 10, 2017
Total Views: 45

Tuesday, December 6, 2016
cargo ship

Drewry: Market Conditions Force Down Ship Operating Costs

(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

December 6, 2016
Total Views: 20

Monday, November 28, 2016
loaded containership
Maritime News

Asia-Mediterranean Trade Is Still “Over-Tonnaged” Says Drewry

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

November 28, 2016
Total Views: 4