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Exotic fruit to drive growth in the reefer shipping trade

Exotic fruit to drive growth in the reefer shipping trade

02 Dec 2020

Growth in the reefer shipping trade has been largely driven by soaring demand for proteins into swine flu-ravaged Asia, but this trend is expected to recede as domestic pig stocks recover. Future growth is expected to come from accelerating trade in exotic fruits, thanks to new technology which is lengthening potential shipping distances and opening up new markets where discretionary spend is rising.

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Appalling fate of non-coking coal trade

Appalling fate of non-coking coal trade

12 Nov 2020

While imports to the EU will continue to decline, momentum in Asia’s imports will remain intact over the next five-eight years, thereby supporting dry bulk shipping demand. However, increasing consensus on limiting climate change is expected to decelerate coal imports to Asia post-2030, leading to a drop in non-coking coal trade and consequently dampening employment opportunities for dry bulk vessels.

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Swing tankers unlikely to join chemical trading fleet until 2021

Swing tankers unlikely to join chemical trading fleet until 2021

30 Oct 2020

IMO-class tankers which swung to product trading in 2Q20 due to high freight rates and floating storage requirements are unlikely to join the chemical trading fleet until 2021.

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LNG inching towards carbon neutrality

LNG inching towards carbon neutrality

30 Oct 2020

Expected rise in demand for carbon-neutral LNG under decarbonisation goals pushes the sector to reduce CO2 emissions, driving advancement in LNG shipping.

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Diminishing seafaring appeal to tighten officer availability

Diminishing seafaring appeal to tighten officer availability

19 Oct 2020

Officer availability varies significantly by nationality and rank, with important implications for recruitment, retention and wage rates, particularly in light of tightening labour market conditions.

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COVID-19 drives up ship operating costs

COVID-19 drives up ship operating costs
Vessel operating costs have risen at their fastest pace in over a decade this year, on higher insurance cover premiums and COVID-19 related expenses, but are expected to moderate in subsequent years as pandemic related spend unwinds, according to Drewry’s latest Ship Operating Costs Annual Review and Forecast.

Fedespedi and Drewry to collaborate in forwarder freight rate benchmarking

Italian forwarder association Fedespedi has entered into a collaborative agreement with Drewry to raise awareness of Drewry’s Forwarder Benchmarking Club amongst its freight forwarder membership.

Drewry launches exclusive membership Club as part of 50th year celebrations

As part of celebrations to mark our 50th anniversary, we have introduced an invitation only membership club for our advisory clients and long-standing subscribers of our maritime research services.

Drewry highlights transformation of rate conditions in transpacific container shipping

Unprecedented transpacific spot freight rates signal that a transformation of the container shipping sector may be underway and that shippers need to adapt.


Ports webinar briefing: Counting the cost of COVID-19 – what impact has the crisis had to date on terminal operators’ financial performance

Join us at 0900 or 1600 GMT on Tues, 8 December 2020 to find out more on our latest research covering the container ports and terminals market. The session will be hosted by Eleanor Hadland, Senior Analyst in Drewry’s Ports and Terminals practice and Martin Dixon, Director - Head of Research Products at Drewry. Both executives will be available to take questions following a short 20 minute presentation.

Intermodal Asia 2021

Tim Power to discuss the global overview of the container shipping market.