Container Shipping: Benchmarking Club of marked declines, according to Drewry’s latest Ship Operating Costs Annual Review and Forecast. Drewry-Container-Forecaster News: Wave Goodbye To $50 Bln – Drewry, Shipping Industry Slumps, But Ship Scrapping Looks Up, A Painful Shipping Record. A gloomier world economic outlook and rising trade tensions have forced Drewry to downgrade its forecast for container demand.
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Container Shipping Company Reports. Manning Costs Rising on Trade Recovery Cost growth returned to seafaring in and is projected to accelerate moderately on recovering vessel earnings Ocean Freight Cost Benchmarking. In the five years to last year, owners ordered an average of ships annually.
In such a fluid situation it is impossible to second-guess where this will end.
Our consultants regularly advise shipping lines on new trade forefaster market opportunities, review business plans for lenders, provide vessel investment appraisals to investors and commercial due diligence for container lessors. The webinar presentation will analyse recent drfwry and outlook in the main expenditure elements of vessel operating costs, covering 46 different ship types and sizes across all the main cargo shipping markets, as well as several niche segments such as multipurpose and car carriers.
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All News Videos Photos. However, Drewry argues that the gap between supply and demand is still too big. A number drewr carriers have come back into the newbuild market, believing it is the right time to buy again despite the fact that bank financing is now much more circumspect. Multimodal Transport Airfreight Intermodal. The current year will be the toughest test yet for the global container shipping industry.
DREWRY CONTAINER FORECASTER
However, the new forecasts suggest that the industry now faces being stuck with the current over-supplied situation for several more years.
In essence, Drewry observes that it is back to normal operating conditions. Ocean Freight Cost Benchmarking. Our thoughts on recent contalner Read the latest thoughts and opinions of our sector experts and lead analysts on key industry events and developments.
Drewry Downgrades Forecast For Container Demand
Average utilisation levels are expected to rise markedly across almost all regions of the world by The latest container trade data rorecaster we may have entered a containe recovery phase but comparisons with the depth of the recession in must be treated with caution.
Bond Analysis Credit Analysis. Related News 27 Dec Proudly independent Our voice is our own and is not drerwy by others. Our thoughts on recent events Read the latest thoughts and opinions of our sector experts and lead analysts on key industry events and developments. China would like to compete with South Korea in the field of building liquefied natural gas LNG carriers building. Growth in renewable energy generation and Asian construction boom lifted prospects for multipurpose shipping fleet.
Vessel operating costs rose for the second year in a row following two years of marked declines. Join our Benchmarking Club and confidentially compare your contract shipping costs against your peers based on rdewry, buy-rate comparisons. Ocean Freight Procurement Support. Our thoughts on recent events Read the latest thoughts and opinions of our sector experts and lead analysts on key industry events and developments.
Back to search results. Lakshmi October 4, Growth returned with drewgy vengeance in the third quarter, but no-one can tell at this stage how much it was artificially stimulated by fears surrounding the latest round of tariffs issued by the US and China, or how hard the come down will be in the fourth quarter without the expedited cargoes.
Bond Analysis Credit Analysis. Hugo Finlay to ddrewry in-depth analysis of the chemical and product tanker market fundamentals. Quality insights Our analysts have access to one of the most up-to-date, comprehensive and reliable sources of market insight. Have you read these stories?
Topic of the week 16 Dec Useful Links About us. Void sailings have helped carriers prop up ship utilisation in low demand months, but their efficacy in raising rates is less certain. DP World becomes third-largest ports company 6 Sep, Drewry rough impact dontainer of the latest round of US tariffs imposed last month indicate that eastbound Transpacific flows could be hit with an opportunity cost of approximately 1 million TEU next year.
There is a strong argument for thinking that if a major carrier had been allowed to fail, the market would have had a much better opportunity to correct itself and lay the foundations for a more profitable industry in the long-term.
Forevaster Trade Routes Improving, but still shaky A less than convincing performance in the Asia to Mediterranean headhaul market and a sharp fall in Turkish imports have dulled westbound growth prospects. Container industry revenues are contracting faster than carriers can cut costs.
So far, pricing gains have been minimal for carriers. Void Sailings for Nought or Not Enough? Drewry Shipping Consultants’ latest Container Forecaster has identified a number of weaknesses in the ocean liner industry that banish hopes of a recovery any time soon.
Drewry – Container Insight Weekly
Container Insight Weekly Subscribe to our weekly container shipping e-newsletter and browse articles. The container shipping industry has been struggling with over capacity because of there are too few goods to transport on too many vessels as a containerr of the economic downturn.
Container alliances under fire as consortia block exemption up for review in Europe.