Tag archives: Drewry

Breakbulk shipping market to remain weak until 2017

Although demand growth is expected to recover next year after a very poor 2015, and supply growth is likely to be minimal, competition from other sectors will maintain pressure on ...

Container service reliability stable in November

Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2%, according to Carrier ...

LPG shipping rates heading for a fall

LPG shipping rates are expected to decline from the second half of 2016 as a bloated orderbook for VLGCs (very large gas carriers) fuels fleet growth that will far exceed ...

Tanker shipping rates to soften from 2016

Tanker shipping rates are set to decline from current highs in 2016 as the trade in crude oil is forecast to decline due to ample stocking, and the fleet is ...

Dry bulk shipping will not return to profitability before 2017

The gloomy outlook for the dry bulk shipping market continues to afflict shipowners and the market is not expected to return to profitability before 2017, according to the Dry ...

New methanol projects to change chemical shipping patterns

New US and Middle East methanol production capacity being added over the next two years will have serious implications for chemical shipping trade flow patterns, according to the latest edition ...

Container service reliability falls slightly in October

Containership reliability took a small step backwards in October as the average on-time performance across all trades reached 77.9%, according to Carrier Performance Insight, the online schedule reliability tool ...

Ship operating costs to rise over next two years

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

LNG shipping under pressure from tumbling European re-exports

LNG shipping freight rates continue to be under pressure from weak Asian demand and a growing fleet. Shipowners are now pinning hopes on a revival in European demand. However, European ...

Subscribe to Hapag-Lloyd’s IPO, advises Drewry

The timing and merits of the Hapag-Lloyd AG public offering have been questioned given the challenging environment facing the container shipping sector. The industry stands in the midst of prolonged ...

New liner reliability record achieved in September

Container service reliability across the three main East-West trades reached a new data series high in September, rising by 6.5 percentage points over August to the new record of ...

Container shipping faces three more years of overcapacity & financial pain

Slowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for another three years of overcapacity and financial pain, according to the latest ...

East-West shippers see a sharp decline in their contract rates

Ocean freight rates for cargo moving under contracts on the major East-West trade routes have seen a sharp reduction since the beginning of the year, according to Drewry’s Benchmarking ...

Fleet growth threatens product tanker earnings

The product tanker market has enjoyed healthy returns in recent years on the back of structural changes taking place in trading patterns. However, impending fleet growth is expected to reduce ...

Dry bulk shipping recovery remains a long way off

The dry bulk shipping market will remain in recession due to contracting demand for iron ore and coal, and any recovery is not expected until 2017, according to the Dry ...

Rising demand and big ships driving container port investment boom

Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 ...

Reefer containership capacity to increase 20% by 2018, says Drewry

The specialised reefer fleet is shrinking and shows no signs of reversing in the future. However, the reefer containership fleet has increased by 6% year-on-year and is set to grow ...

Container reliability continues to improve, says Drewry

Container service reliability made another steady improvement in June with the aggregate on-time performance for the three key East-West trades rising by 5.7 percentage points to extend the data-series ...

Container equipment leasing rates hit record lows

Container equipment rental rates came under renewed pressure in 2014 and by mid-2015 new dry freight pricing was at a ten-year low, whilst lease rates had fallen to an all-time ...

Container shipping will be lucky to break even in 2015

A toxic mixture of overcapacity and weak demand as well as aggressive commercial pricing is threatening liner shipping industry profitability for the remainder of 2015 says the Container Forecaster report ...

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