For the week ending 23 May 2025, all Drewry Equity Indices saw marginal declines, except for the Container Equity Index, which posted a gain (vs 1.3% decline in the S&P 500 and 3.5% fall in Russell 2000).
23 May 2025: In 1Q25, crude tanker companies have reported a YoY decline in earnings due to slowing oil demand growth. In 1Q25, FRO’s TCE revenue fell 33.2% YoY to USD 247.9mn, while net income dropped 81.6% YoY.
For the week ending 16 May 2025, the Drewry Equity Indices recorded strong gains (vs. S&P 500 up 5.3% and Russell 2000 up 4.5%), buoyed by improved market sentiment following the easing of trade tensions between the US and China.
15 May 2025: Hapag-Lloyd reported a robust 1Q25 with consolidated revenue up 15.0% YoY to USD 5.3bn and EBIT rising 23.6% to USD 487mn, supported by volume growth and higher freight rates.
29 Apr 25: Drewry’s concludes major data development project and expands CFRI coverage adding 5,500 new lanes to the flagship spot market ocean freight rate benchmarking service.
Drewry’s investment research team updates its independent assessment of the financial health of the box shipping industry. The full report is now available to purchase online.
05 Nov 24: Intra-Asia Container Market Insight, is an all-new online service that gives logistics teams the regional market intelligence they need to make informed budget forecasts and track trade development and potential disruption.
03 Oct 24: Drewry has introduced new Breakbulk Sea Transport Indices for both Project and General Cargo vessel segments, replacing the previous Multipurpose (MPV) Time Charter Index.