Thursday, November 3, 2016
Maritime News

Drewry: LNG Shipping Under Threat from Cargo Diversions

(Drewry) – If Asian buyers continue to divert their contracted supply from the US towards Europe and Latin America, it will reduce demand for LNG vessels in the long term...

November 3, 2016
Total Views: 26

Wednesday, October 19, 2016
Maritime News

Drewry: Container Shipping Market Has Bottomed Out

Hanjin’s receivership represents the trough of the container shipping market and despite continuing concerns of weak trade growth and fleet oversupply a gradual market recovery is now expected, according a...

October 19, 2016
Total Views: 12

Tuesday, August 16, 2016
Maritime News

Carriers Face $5 Billion Annual Loss, Warns Drewry

By Mike Wackett (TheLoadStar) Container lines are enduring a “severe revenue contraction”, said Drewry, after the first six-month turnover figures reported so far by carriers were down an average of...

August 16, 2016
Total Views: 31

Monday, July 18, 2016

Shipping Oversupply to Persist Despite Big Scrapping Plans, Drewry Says

COPENHAGEN, July 18 (Reuters) – A record number of around 150 container vessels are expected to be scrapped in 2016 but it will not be enough for an industry battling...

July 18, 2016
Total Views: 24

Monday, June 27, 2016
Maritime News

Shipping Slowdown Seen Easing Officer Shortage

The slowing growth in the size of the world’s shipping fleet is likely to reduce the persistent shortage of officers over the coming years, according to the latest Manning report published...

June 27, 2016
Total Views: 1

Monday, May 16, 2016
Hapag-lloyd containership
Maritime News

Drewry Warns New Container Alliance May Have “Too Many Cooks in its Kitchen”

By Mike Wackett (The Loadstar) – “Alliances are only as stable as their member carriers,” was maritime consultant Drewry’s first comment on plans to create a third mega-grouping. On Friday,...

May 16, 2016
Total Views: 5

Monday, May 9, 2016
Maritime News

Despite ‘Early Gains’, Container Lines in for Another Year of Losses, Says Drewry

By Mike Wackett (The Loadstar) – Despite Maersk Line’s better-than-expected $37m first-quarter net profit, Drewry today reiterated its view that ocean carriers would collectively record a significant loss this year....

May 9, 2016
Total Views: 7

Thursday, January 7, 2016
Maritime News

Drewry: Container Shipping Should Expect Industry-Wide Losses in 2016

(Drewry) – Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an acceleration of freight rate reductions and...

January 7, 2016
Total Views: 0

Monday, November 23, 2015
Maritime News

Containership Owners Rapidly Idling Vessels As Market Slows, Drewry Says

The world’s idle containership fleet swelled to 238 vessels and topped 900,000 TEU in November as owners rapidly lay up containerships as the market slows, according to new figures from the global...

November 23, 2015
Total Views: 39

Tuesday, November 17, 2015
Maritime News

Ship Operating Costs to Rise Over Next Two Years, Drewry Says

The cost of operating cargo ships is forecast to rise over the next two years after falling slightly in 2015, according to the latest Ship Operating Costs Annual Review and...

November 17, 2015
Total Views: 16

Wednesday, November 4, 2015
Maritime News

Maersk Decision to Lay-Up a Triple-E is ‘A Wake-Up Call’, Says Drewry

  By Mike Wackett, The Loadstar Maersk Line’s decision last week to lay-up one of its 18,000 teu flagships is “good news for the industry”, Drewry Maritime Advisors said earlier...

November 4, 2015
Total Views: 30

Tuesday, October 27, 2015
Maritime News

Drewry Paints a Gloomy Picture for Box Shipping as the Global Slowdown Bites

  By Mike Wackett, The Loadstar Drewry has almost halved its global growth forecast for container shipping this year, down to 2.2% from 4.3%, and its 2016 forecast downgraded to 3.3%...

October 27, 2015
Total Views: 1

Monday, September 14, 2015
Maritime News

Industry Has Mind Made Up on Ultra-Large Containerships, Drewry Says

  Global shipping consultancy Drewry says a recent order from China COSCO for 11 ultra-large containerships (ULCVs) underscores the industry’s position that giant containerships are the way of the future....

September 14, 2015
Total Views: 1

Monday, August 17, 2015

Drewry: COSCO, CSCL Merger Could Cause Chain Reaction in China

  By Drewry Shipping Consultants Having blocked the P3 Alliance on competition grounds, China could now merge China Cosco and CSCL and, as a result, cause a domino effect on...

August 17, 2015
Total Views: 3

Tuesday, July 7, 2015
Maritime News

Container Shipping ‘Lucky to Break Even’ in 2015, Drewry Says

  A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to the Container Forecaster report published...

July 7, 2015
Total Views: 2

Friday, April 17, 2015
Maritime News

Drewry: History Repeating Itself with Container Shipping’s Continued Addiction to Ships

Despite positive growth momentum, the container shipping industry continues to suffer new, big ship deliveries with no let-up to the ordering frenzy, according to a new report published by Drewry...

April 17, 2015
Total Views: 2

Monday, August 18, 2014
hyundai tenacity containership
Maritime News

Global Number of Container Ships Hits Peak – Drewry

The number of container ships transporting goods around the world has fallen in the first half of 2014 but the total capacity of the global fleet continues to increase, consulting firm Drewry Maritime Research said in a note on Monday.

August 18, 2014
Total Views: 7