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Maritime Financial Research (4) Maritime Research (132) Supply Chain Advisors (1) Select All

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Container Shipping (8)
Container Equipment Manufacture and Leasing (2) Container Market (2)
Crude Shipping (13) Dry Bulk Shipping (29) Gas Shipping (37)
LNG Shipping (19) LPG Shipping (14)
General Shipping (2) Logistics Management (1) Multimodal Transport (1) Ports and Terminals (7) Ship Operations and Management (8)
Manning (3) Ship Operating Costs (4)
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Multipurpose and General Cargo (2) Reefer (1)
Tanker Shipping (53)
Chemical Tankers (13) Crude Tanker Shipping (11) Product Tanker Shipping (4)
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India’s decision to diversify its crude imports will have little impact on the crude tanker rates

India’s decision to diversify its crude imports will have little impact on the crude tanker rates


01 Apr 2021


India’s recent decision to diversify crude imports to reduce the dependence on Middle Eastern crude will have little impact on the freight rates in the crude tanker market. Although an increase in long-haul crude imports by India from the Atlantic basin will boost tonne-mile demand for crude tankers in the short term, ongoing oversupply in the market will cap any surge in freight rates.

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Shipowner opex remains hostage to rising marine insurance costs

Shipowner opex remains hostage to rising marine insurance costs


15 Mar 2021


Vessel operating costs are expected to continue rising on a hardening marine insurance market, as conclusion of the P&I renewal season exposes the fallout from rising claims and the impact of Covid-19 on global merchant shipping.

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US cold blast pulls LPG shipping rates further down

US cold blast pulls LPG shipping rates further down


26 Feb 2021


LPG shipping is expected to face more headwinds in 2021 after a volatile first two months of the year. As we move deeper into 1Q21, China’s LPG demand has resumed after the Lunar Holidays in early February, aiding the plunging rates to find some floor. However, the cold wave in the US and further production cuts in the Middle East will squeeze LPG supply in 1H21; this will put downward pressure on LPG shipping rates.

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Seafarer supply is expected to tighten heralding higher manning costs

Seafarer supply is expected to tighten heralding higher manning costs


24 Feb 2021


The attractiveness of a career at sea has been an industry concern for a number of years. Long periods away from home, increasing administrative demands for paperwork on board, and the threat of criminalisation being major factors. Covid-19 impacts, which have been particularly harrowing for seafarers, have added to these issues, presaging an inflection point in global seafarer supply.

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Hydrogen replacing coking coal – should owners of dry bulk ships take note?

Hydrogen replacing coking coal – should owners of dry bulk ships take note?


09 Feb 2021


The recent development of replacing coking coal with hydrogen in crude steel production has created a buzz that coking coal might soon be out of favour. For dry bulk operators this is a potentially negative development, but is this really the case?

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News

Multipurpose earnings rally at risk from overordering in competing sectors

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.

Drewry extends spot market ocean freight rate service coverage and Benchmarking Club participation numbers

Drewry is pleased to announce a series of enhancements to its spot market and contract ocean freight rate benchmarking services and new participation milestones in its flagship, ocean freight cost comparison service, Benchmarking Club.

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.

Multipurpose Time Charter Index - Apr 21

Our new MPV Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month.

Events

Container Equipment Market Outlook

Join us for a FREE Drewry online briefing at 0900 or 1600 BST on Tuesday 27 April to hear our latest thoughts on developments in the container equipment market. Hosted by Martin Dixon, Head of Research Products and John Fossey, Senior Analyst for Container Equipment at Drewry.

LNG shipping market outlook

Join us at 09:30 BST on Tuesday 4 May 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.

Container Shipping Market Outlook

Join us for a FREE Drewry online briefing at 0900 or 1600 BST on Thursday 6 May to hear our update on the container shipping market outlook and guidance on freight rates and carrier profitability. Hosted by Simon Heaney, Senior Manager, Container Research and Nilesh Tiwary, Manager, Drewry Maritime Financial Research.