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Freight container prices hit 3-year low, widening box manufacturer losses

Freight container prices hit 3-year low, widening box manufacturer losses


26 Jan 2020


Newbuild prices of freight container boxes hit a three-year low at the end of 2019, as intense competition in an oversupplied market heaped more pressure on box manufacturers.

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Same again

Same again


12 Jan 2020


This year will be yet another challenging one for the container industry in terms of capacity management, but they will cope.

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Where to next?

Where to next?


24 Nov 2019


More Transpacific calls to Vietnam are slowly being added, but the relocation of manufacturing production from China will not be swift.

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Coming up for air

Coming up for air


10 Nov 2019


The container spot freight market rebounds amid a growing number of idle ships and new bunker surcharges.

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Freeports and freezones: Beyond the call of duty?

Freeports and freezones: Beyond the call of duty?


15 Sep 2019


The concept of freeports has been in the news in the UK recently, as the government has proposed the creation of 10 such entities around the country, promising the creation of thousands of new jobs and the “turbo-charging” of local economies. Laudable aims in theory but the reality is somewhat more challenging.

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News

Drewry: modest outlook for container market

Drewry: modest outlook for container market
The outlook for the container shipping market remains soft despite the welcome boost of the ‘phase one’ trade agreement signed by the US and China, according to Drewry’s latest Container Forecaster.

Drewry launches new fuel advisory services for shippers and forwarders

Drewry’s freight cost benchmarking and procurement support division, is pleased to announce the launch of a new range of fuel advisory and management services designed exclusively for shippers and forwarders.

Drewry publishes first low-sulphur BAF reference price

As part of a series of initiatives aimed at bringing greater transparency to fuel costs resulting from the new IMO 2020 low-sulphur regulation, Drewry is pleased to announce the publication of its first low-sulphur reference bunker index tracker.

Ship operating costs rise on higher R&M and insurance spend

Underlying vessel operating cost inflation accelerated moderately in 2019 on higher repair & maintenance and insurance spend, while costs are expected to continue rising at a similar pace in 2020, according to Drewry’s latest Ship Operating Costs Annual.

Events

Ship Operating Costs Trends Briefing

Join us at 0900 GMT or 1600 GMT on Tues, 4 February 2020 for an online briefing on the key trends and outlook in ship operating costs. The webinar presentation will analyse recent trends 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.

ASEAN Ports & Shipping 2020

Join Jayendu Krishna presenting the economic outlook and its impact on regional competition.

TPM 2020 Conference

Philip Damas to discuss IMO2020 and strategies for BCOs to tackle carrier contracting negotiations.