Tag archives: Drewry

Drewry Maritime Equity Research: Better ROE hinges on container market rebound

By the end 2014, the value of equity market participants in listed Container leasing companies had eroded 18% compared to the previous year, which strengthens our view that container market ...

Drewry All Earnings Shipping Index slumps 25% in September

The Drewry All Earnings Index, which covers the main bulk shipping markets, fell 25% in September to stand at 115 points, according to the Shipping Insight report published by ...

Drewry: A different recovery for box carriers

Drewry’s Container Annual Review & Forecast 2014/15 emphasises that the recovery of the container industry, when that happens – possibly by late 2016 or 2017 – is to be based around ...

Drewry all earnings shipping index slips 20% in August

The Drewry All Earnings Index, which covers the main bulk shipping markets, fell 20% in August and stood at 152, according to the Shipping Insight report published by shipping consultancy ...

Drewry Benchmarking Club

Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 6% between March and July, enabling hard-pressed shippers to reduce their costs, according to the results ...

Rising demand for LPG shipping driving VLGC ordering frenzy

A sharp rise in LPG shipping demand, particularly out of the US, is driving an ordering frenzy for very large gas carriers (VLGCs) which will increase the size of the ...

Recovery in sight for the Dry Bulk shipping market

Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities rises, according to the Dry ...

Culling of Europe's chemical production capacity a boon

Rationalisation of Europe’s chemicals industry has so adversely affected the region’s production capacity that it has become reliant on imports, providing much needed employment for chemical tankers, according ...

LNG shipping faces immediate headwinds but silver lining awaits

Continuing weak demand and excess tonnage are expected to depress LNG shipping earnings in the near term. But longer term the sector could face vessel shortages as ordering slows and ...

High delivery slippage rates driving recovery in oil tanker shipping

Tanker shipping freight rates are set to recover thanks to unprecedented orderbook delivery slippage rates, according to Drewry’s latest Tanker Forecaster report which was published recently.

The pace of ...

Reefer box capacity forecast to grow 22% over next five years

Reefer capacity on the containership fleet is expected to increase by 22% over the next five years, at the expense of a declining specialised reefer fleet, according to Drewry’s ...

Drewry: Cost reductions top priority for box carriers

Drewry’s 2Q14 Container Forecaster highlights that there is a widening gap between the positive financials of the few carriers really focused on cutting costs and the rest of the ...

40ft high cubes set to dominate the container equipment market

High cube 40ft containers are stealing a march on traditional 40ft equipment and by the end of 2013 represented just short of 50% of the maritime container fleet, according to ...

Drewry: Recent surge in VLGC freight rates unsustainable

The recent surge in VLGC (very large gas carrier) freight rates will not be sustained given the current size of the order book, according to Drewry’s recently published LPG ...

Looming seafarer shortage will challenge carrier profitability

The current shortage of officer corps seafarers is forecast to worsen and risks impacting carrier profitability, according to Drewry’s recently published Manning 2014 Annual Report.

Owners and managers need ...

More shippers benchmark their shipping costs

More shippers are benchmarking their container shipping costs to ensure that they secure the most favourable freight rates possible.

A fast growing number of major US, Asian and Europe-based international ...

Bankruptcy tonnage unleashed

Drewry’s latest Dry Bulk Forecaster saw freight rates on most routes declined in 2014’s first quarter as the previous quarter’s tonnage supply crunch eased out. The fourth ...

Drewry: Ocean carriers undo good work; air carriers fight back

Drewry’s latest Container Forecaster report reveals that 2013 was another year of excess supply growth before deductions for slow steaming and lay-ups, but by pulling on these and other ...

Container industry stuck in vicious cycle

Drewry’s 1Q14 Container Forecaster report highlights that the industry remains in an extended down cycle. This is being accentuated and extended by the constant delivery of new ships. The ...

Positive outlook for multipurpose shipping sector

Drewry’s latest Multipurpose Shipping Market Review and Forecaster report anticipates better times ahead for the sector following a tough 2013. Last year cargo demand for multipurpose and heavylift vessels ...

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