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COVID-19 pushes US LNG into a tight spot

COVID-19 pushes US LNG into a tight spot


13 Aug 2020


The pandemic-led weak projections for economic growth will derail US LNG exports in full-year 2020 with the country also losing ground in the long term due to major delays in liquefaction projects.

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Coking coal’s rail ticket to hit Panamax demand post 2025

Coking coal’s rail ticket to hit Panamax demand post 2025


06 Aug 2020


Increasing penetration of renewables in the energy mix has already created a bearish outlook for non-coking coal trade, but completion of the rail network between Mongolia and China in 2021 threatens to bring the coking coal trade between Australia and China to a screeching halt in the long term.

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Short-term impact on the chemical shipping market if the India-China dispute escalates

Short-term impact on the chemical shipping market if the India-China dispute escalates


29 Jul 2020


Due to the India-China dispute, the threat of deteriorating trade relations between the two countries has become real. Meanwhile, we expect freight rates to decline in 3Q20 on routes from the Middle East/India to China.

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Weak demand outlook calls for sizeable supply correction for tanker market recovery

Weak demand outlook calls for sizeable supply correction for tanker market recovery


22 Jul 2020


Crude tanker rates, which have broadly declined across most routes over the last couple of months, are unlikely to recover anytime soon until there is a sizeable correction in vessel supply. Freight rates have come down drastically from the astronomical levels of March-April 2020 because of weak crude oil trade on account of output curbs by producers, lower refinery runs globally, and the return of vessels locked in floating storage.

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Event update - Hafnia’s acquisition offer undervalues Ardmore Shipping

Event update - Hafnia’s acquisition offer undervalues Ardmore Shipping


15 Jul 2020


Last week, Ardmore issued a press release suggesting that Hafnia Limited had approached it with an unsolicited acquisition offer. The company rejected the acquisition offer highlighting that the proposal undervalued Ardmore and was opportunistic. Using NAV valuation methodology, we investigate if Hafnia’s offer undervalued Ardmore.

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News

Drewry launches detention and demurrage support service

Drewry launches detention and demurrage support service
Drewry Supply Chain Advisors launches new service combining relevant data points with best practice insights to help BCOs more effectively manage these costs.

COVID-19 to stifle container port investment

The pace of container port capacity expansion is forecast to contract at least 40% over the next five years in the wake of the COVID-19 induced slowdown in port throughput, according to the Drewry’s latest Global Container Terminal Operators Annual Review and Forecast.

CLECAT joins Drewry-ESC transparent tool for bunker charges

European forwarders’ association joins industry initiative on a fair, neutral bunker adjustment factor indexing mechanism for shippers, forwarders and shipping lines.

CLECAT and Drewry to collaborate in forwarder freight rate benchmarking

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

Events

Port Technology Container Terminal Automation Conference

Eleanor Hadland to discuss terminal automation benefits and opportunities for larger terminals and smaller facilities.

Coastlink Conference Antwerp 2020

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

Intermodal Asia 2021

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