drewry

(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,

By Mike Wackett (The Loadstar) – “Alliances are only as stable as their member carriers,” was maritime consultant Drewry’s first comment on plans

By Mike Wackett (The Loadstar) – Despite Maersk Line’s better-than-expected $37m first-quarter net profit, Drewry today reiterated its view that ocean

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

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

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

  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

  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

  Global shipping consultancy Drewry says a recent order from China COSCO for 11 ultra-large containerships (ULCVs) underscores the industry’s

  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