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Drewry trims long-term freight rate outlook for LNG shipping

Drewry trims long-term freight rate outlook for LNG shipping
Given mounting pressure on freight rates and continuing fleet growth, Drewry believes that excess vessel supply will reduce only gradually with the recovery in rates pushed back to the latter part of next year, according to Drewry’s latest LNG Forecaster.

Satisfaction survey in container transport: Customers rate service quality of ocean carriers “poor to average”

The service provided by container shipping lines is rated as poor to average and has deteriorated in the past year, according to a survey of exporters, importers and freight forwarders conducted jointly by Drewry and the European Shippers’ Council (ESC).

Light at the end of the tunnel for the multipurpose shipping market

Following another poor year for multipurpose shipping, signs of recovery are now evident with momentum expected to build over the next few years, according to Drewry’s latest Multipurpose Annual.

Spot freight rates soar from North Europe to Asia

Spot container freight rates from North Europe to China increased by 45% this week, reaching a four-year high.