Drewry - Offshore Energy

1 day ago

Drewry: Vessel operating costs surge in 2020 amid COVID-19 impact

Vessel operating costs have risen at their fastest pace in over a decade this year, on higher insura...

1 day ago

9 days ago

CMA CGM rides the trade recovery wave

French container shipping major CMA CGM posted strong business results in the third quarter of 2020 ...

9 days ago

5 months ago

Drewry: A career at sea ever less attractive

The current officer shortfall to crew the global merchant fleet is forecast to widen amid reduced at...

5 months ago

7 months ago

OPEC+ production cuts have dire implications for oil tankers

The agreement of the members of OPEC and its allies to cut oil production by 9.7 million barrels of ...

7 months ago

Choppy waters ahead for multipurpose and heavy-lift shipping

Multipurpose and heavy-lift shipping is facing numerous uncertainties and is most likely to see a st...

7 months ago

9 months ago

105 Sailings from Asia to North America and Europe Blanked in February

Carriers canceled 105 sailings from Asia to North America and Europe/Mediterranean. ...

9 months ago

10 months ago

23 Ultra Large Boxships Set for Delivery in 2020

The 23 new behemoths will join the fleets of three major players. ...

10 months ago

about 1 year ago

Drewry: Higher BAF Charges to Arrive ahead of IMO 2020

Shippers and forwarders are starting to help carriers cover the additional cost of the cleaner, low-...

about 1 year ago

Drewry: Box Spot Rates Rise amid More Idle Ships, Bunker Surcharges

Drewry’s World Container Index swelled by USD 210 in the past two weeks. ...

about 1 year ago

Drewry: EU’s Palm-Based Biodiesel Ban to Hit Chemical Tankers Demand

The ban on the long-haul trade will have a detrimental impact on the demand for chemical tankers. ...

about 1 year ago

Drewry: Transpacific Box Trade to See Stronger Growth Soon

The underlying strength of the US economy gives confidence in the longer-term prospects for the Tran...

about 1 year ago

Drewry: Shipping Container Prices Drop in Challenged Market

Total shipping container production will end the year having fallen 36% compared to 2018, Drewry not...

about 1 year ago

Drewry: US sanctions bump LNG shipping rates

Tight vessel supply and seasonal firmness in demand have pushed LNG shipping rates to $130,000/day f...

about 1 year ago

Drewry: LNG Shipping Rates Rise as Sanctions Hit Vessel Availability

The LNG shipping market finally came to life when a combination of factors worked in tandem to squee...

about 1 year ago

Drewry Downgrades Global Port Throughput Outlook

Drewry now expects global port throughput to rise by 2.6% in 2019, down from the previous 3.0% expec...

about 1 year ago

Drewry: Carriers, Shippers to Benefit from Future Online Platforms

Online technology platforms where shipping lines and their customers can negotiate forward contracts...

about 1 year ago

Drewry: Slow Car Carrier Recovery to Trigger More Distressed Asset Sales

More distressed vessel sales expected amid rising costs and vulnerable trade outlook due to rising g...

about 1 year ago

Drewry: Large Bulkers to Benefit from Indonesia’s Exports Ban

Although Indonesia’s export ban will fuel large bulkers, it would hurt the demand for small bulkers....

about 1 year ago

Drewry: Automation Has Little Medium-Term Impact on Seafarer Demand

The take-up of autonomous shipping may not be as rapid as many industry observers expect, Drewry sai...

about 1 year ago

Drewry: Capesize Market Spot Rates at Record Highs

Upcoming IMO rules and recovery in Brazil’s iron ore exports to support the continued surge in freig...

about 1 year ago

Drewry: Reefer Container Equipment Availability to Remain Tight

Shipping capacity supply and freight rates would be impacted by tight reefer container equipment ava...

about 1 year ago

Drewry: Low-Sulphur Fuel to Cost 30% More Than the Current Fuel

Bunker adjustment factors will soar in late 2019 and “will be very volatile in the first half ...

about 1 year ago

Drewry: Tanker Scrapping Activity to Revive before Surging in 2020

Scrapping activity is to rekindle due to IMO’s Ballast Water Management Convention. ...

about 1 year ago

Drewry: Stronger US-China Ethane Trade to Boost Demand for VLECs

Ethane trade on the U.S.-China route has the potential to create demand for about 30 VLECs, Drewry s...

about 1 year ago

Drewry: Misdeclared Cargo Fines Unlikely to Change Rogue Shippers

Eight fire incidents occurred aboard ships carrying containers this year alone. ...

about 1 year ago

Drewry: Modest Growth Expected for Global Container Port Demand

Most world regions would see an increase in average terminal utilisation. ...

about 1 year ago

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