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“Extreme” freight rates persist, and spread

“Extreme” freight rates persist, and spread


30 Apr 2021


Extreme spot rates in container shipping have lasted for months now. On some routes, rates will rise again in May. Can this continue?

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World Container Index - 17 Jun

World Container Index - 17 Jun


29 Apr 2021


The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia.

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Strained carrier-shipper relationships – a price to be paid?

Strained carrier-shipper relationships – a price to be paid?


28 Apr 2021


Contract shippers are frustrated with what many regard as deteriorating carrier relationships. But what can they do about it?

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Feeling hot, hot, hot

Feeling hot, hot, hot


09 Apr 2021


Container Insight: The container shipping market has never been so hot. Investors are piling in as carrier profits take off to new heights. How long can it last?

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Drewry low-sulphur bunker price tracker

Drewry low-sulphur bunker price tracker


04 Apr 2021


For some months we have been publishing a Bunker Adjustment Factor reference price based on low-sulphur fuel and in line with our independent BAF indexing mechanism. Please register and login to access the latest bunker price tracker.

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News

Officer shortfall to reach decade high by 2026

Officer shortfall to reach decade high by 2026
Diminishing attractiveness of a career at sea, coupled with rising man-berth ratios and continued fleet growth will lead to the highest shortfall of officers to crew the world’s merchant fleet in over a decade by 2026, with important implications for both hiring and future manning cost inflation, according to Drewry’s latest Manning Annual Review and Forecast.

Reefer container freight rates soar but remain outgunned by dry box rates

Reefer container freight rates have risen sharply this year but remain far outgunned by the inexorable rise in dry box pricing, according to Drewry’s newly launched Reefer Shipping Forecaster report.

Drewry and Freightender partner to bring all-in-one ocean freight procurement e-solution to medium sized shippers

Drewry and Freightender announce they have entered a value-add partnership, combining Drewry’s industry leading ocean freight cost benchmarking and procurement support services with Freightender’s cloud-based, next generation procurement technology platform.

Multipurpose earnings rally at risk from overordering in competing sectors

The rapid recovery in earnings for multipurpose vessels is expected to slow from the second half the year as capacity constraints and supply chain disruptions in competing sectors ease, according to Drewry’s latest Multipurpose Annual.

Events

LNG shipping market outlook

Join us at 09:30 BST on Tuesday 13 July 2021 to explore some of the key findings from our latest LNG Forecaster report. Hosted by Aman Sud, Lead Analyst – Gas Shipping at Drewry and Santosh Gupta, Assistant Manager at Drewry Maritime Financial Research.