Tag archives: Drewry

Freight rates remain down after Chinese New Year, says Drewry

Following three consecutive months of price rises, freight rates on the East-West trades declined in February, according to Drewry’s online Container Freight Rate Insight.

Rates came under most pressure ...

Liner reliability set to decline in 1Q14, says Drewry

Liner shipping is becoming less and less reliable as operators ignore service standards in the rush to cut costs. The bad news for shippers is that the situation is only ...

Ship operating costs under sustained pressure

Drewry Maritime Research’s latest Ship Operating Costs Annual Review and Forecast report highlights that 2013 was another difficult year most ship operators and with weak freight earnings there was ...

Freight rates no longer determined by market fundamentals

Drewry Maritime’s 4Q13 Container Forecaster report highlights that freight rates are now largely determined by carrier behaviour. Furthermore, industry profitability  has little to do with carrying more boxes since ...

Danger signs ahead for 8,000-10,000 teu vessels

Ocean carriers have a pool of surplus 8,000-10,000 teu vessels looming ahead unless some thinking ‘outside of the box’ is behind recent newbuild orders.

Ocean carriers have returned ...

Big carriers gain market share, says Drewry

Analysis of ocean carriers’ latest financial results shows significant changes in cargo market shares, but how much of it is due to service differentiation is unclear.  

Ocean carriers’ third quarter ...

P3 keeps foot on accelerator, says Drewry

Although most ocean carriers’ recent financial results suggests that more slow steaming should be on the way, P3’s members are not so disposed.

Maersk Line, MSC and CMA CGM ...

Drewry: P3 leaves door open for competitors

Competitors of the budding P3 alliance will heave a sigh of relief that only moderate capacity growth is planned in its forthcoming schedules between Asia/Europe and Asia/North America ...

Drewry: Reefer Shipping Market Annual Review

Drewry’s latest Reefer Shipping Market Annual Review and Forecast reports that worldwide perishable reefer trade increased by 52.1 million tonnes between 2002 and 2012, which represents by a ...

Drewry: Container Insight Weekly

Shipper demand for 40ft high-cube containers is still increasing, creating stowage problems for ocean carriers and analytical difficulties for trade forecasters using teu measurements.

The proportion of 40ft high-cube (9ft ...

Ocean carriers are doing some things right to secure profit

Drewry Maritime’s latest annual Container Market Annual Review and Forecast 2013/14 highlights that while there is a good deal of excessive market behaviour resulting in weak freight rates ...

Drewry: Sailing cancellations to increase due to P3 wait

More sailing cancellations are on the way as the P3 alliance has yet to spell out its intentions in any detail, and competitors will be loath to risk losing market ...

Suez Canal closure risk again in the spotlight

Recent political unrest in Egypt has again raised the spectre of the Suez Canal closing. However, if it were to be suddenly closed tomorrow, it would not be a train ...

Drewry: Slow steaming to escalate

The freight rate war currently taking place between Asia and Europe, and between Asia and the US, and the further addition of new ships, will force carriers to resort to ...

Drewry: Container Insight Weekly

Smaller container shipping lines are pulling out of the East-West trades, no longer being able to compete in the closed-shop, big ship dominated markets.

Shippers need to get used to ...

MSC gets serious about Asia-ECSA

Mediterranean Shipping Company (MSC) clearly has no intention of being left behind in the race to acquire greater economies of scale between Asia and East Coast South America. By launching ...

Drewry: Sigh of relief for Suezmax owners

Drewry’s latest Tanker Insight saw the Tanker Earnings Index jump by 69% as activity surged, lifting freight rates across all vessel segments.
Chartering activity in the dirty tanker market ...

Multipurpose Shipping Market Review and Forecast 2013

The Multipurpose sector faces a difficult couple of years, but its long-term prospects are good, according to Drewry Maritime Research’s latest Annual Multipurpose Shipping Market Review and Forecast report ...

Drewry: Coal continues Capesize problems

A decline in demand for Capesize vessels has been countered by an improvement in demand for Panamax vessels, according to the latest Dry Bulk Insight, published by Drewry Maritime Research ...

Drewry’ highlights the impact of a potential closure of the Suez Canal

Continuing civil unrest in Egypt, particularly around Port Said, highlights Europe’s dependence on the Suez Canal remaining open, according to Drewry’s new online product Container Insight Weekly (www ...

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