drewry

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,

(Drewry) – High scheduled deliveries and low demolition prospects will drive unwanted fleet growth of very large gas carriers (VLGC) in 2017 putting

(Drewry) – Weakness in freight rates will increase tanker shipping demolitions over the next two years, with the trend accelerating in later years as a

(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

Hanjin’s receivership represents the trough of the container shipping market and despite continuing concerns of weak trade growth and fleet oversupply a

By Mike Wackett (TheLoadStar) Container lines are enduring a “severe revenue contraction”, said Drewry, after the first six-month turnover figures reported

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

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,