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Coronavirus: rationing container capacity

Coronavirus: rationing container capacity

01 Apr 2020

The world is a very different place to when the last edition of Drewry’s Container Forecaster report was published in December. The only certainty is supply and demand volatility.

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Coronavirus to create new “normal” in LNG shipping

Coronavirus to create new “normal” in LNG shipping

26 Mar 2020

Development of mega LNG liquefaction projects continues to suffer in a coronavirus (COVID-19)-impacted market with low demand, historically low LNG prices and an oil price war on the sidelines.

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Volatility to increase in tanker market following oil price war

Volatility to increase in tanker market following oil price war

13 Mar 2020

Crude oil prices plunged by more than a third in the past week after OPEC+ failed to agree on production cut as demand softened in the aftermath of coronavirus (COVID-19). In its recent report, the IEA estimates global oil demand at 99.9 mbpd in 2020, which is around 90,000 bpd lower than in 2019 and a sharp downgrade from the agency’s forecast in February, which predicted global oil demand will grow 825,000 bpd in 2020.

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Star Bulk - Higher risk, higher upside - time to bottom fish?

Star Bulk - Higher risk, higher upside - time to bottom fish?

11 Mar 2020

Star Bulk dented shareholders’ wealth by over 34% YTD (as of 10 March 2020). Like many of its cape-dominated peers, the company has high exposure to China’s trade. At the end of trading on 7 February 2020, force majeure in China pushed SBLK to a low of USD 8.03 per share on NASDAQ – a price marginally above the USD 8.02 per share on 6 February 2019. On a positive note, the share price since then has largely been resilient, trading largely between USD 8 and USD 9.

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Coronavirus to cut multipurpose cargo demand growth prospects

Coronavirus to cut multipurpose cargo demand growth prospects

04 Mar 2020

Initial analysis by Drewry suggests that the coronavirus (Covid-19) outbreak will lead to weaker than expected full-year cargo demand growth for multipurpose and heavlift (MPV/HL) vessels, as any anticipated recovery will not be sufficient to offset contractions of the first part of the year.

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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.


JOC Breakbulk & Project Cargo

Susan Oatway to present the outlook for the breakbulk and project cargo shipping market.

Coastlink Conference Antwerp 2020

Chantal McRoberts will present our market outlook for European short sea ports.

Breakbulk Europe

Come and see Drewry at BreakBulk Europe