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Maritime Financial Research (2) Maritime Research (108) Supply Chain Advisors (1) Select All

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Guinea set to supply iron ore from 2026

Guinea set to supply iron ore from 2026


21 May 2020


Development of the Simandou blocks in Guinea will not only increase the country’s iron ore exports but will also prompt Chinese importers to shift some iron ore imports away from Australia to Guinea, which will add to dry bulk shipping demand.

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Iranian exports to hit record lows amid US sanctions on Chinese companies and the global outbreak of COVID-19

Iranian exports to hit record lows amid US sanctions on Chinese companies and the global outbreak of COVID-19


30 Apr 2020


On 18 March 2020, the US imposed sanctions on seven entities (including Chinese trading and shipping companies) for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, and marketing of petrochemical products from Iran.

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‘The Great Indian Lockdown’ pushes suppliers to cut production and shut plants

‘The Great Indian Lockdown’ pushes suppliers to cut production and shut plants


30 Apr 2020


India imposed the nationwide lockdown on 24 March 2020 and extended it to 3 May 2020 to stem the spread of coronavirus (COVID-19) in the country. The country is also considering a 15% COVID-19 tax from 1 May 2020 to 31 March 2021 on imports of some chemicals (list is unclear) to protect its domestic industry which is suffering from slowdown in economic activity.

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China's LNG trading pattern to change with Qatar's newbuilding order

China's LNG trading pattern to change with Qatar's newbuilding order


24 Apr 2020


Qatar Petroleum recently secured slots for building eight 175,000 cbm LNG carriers along with the option for eight additional vessels at China’s Hudong–Zhonghua Shipbuilding. The deal is reportedly worth $3 billion and the vessels are scheduled for delivery in 2024-25.

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Shipowners face perfect storm of rising opex as earnings fall

Shipowners face perfect storm of rising opex as earnings fall


21 Apr 2020


The conclusion of the P&I renewal season and rising risk exposure from Covid-19 confirms that marine insurance costs are hardening which will raise vessel operating costs just when earnings are expected to come under pressure as trade contracts.

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News

Drewry launches COVID-19 special report assessing the financial health of the container shipping industry

Drewry launches COVID-19 special report assessing the financial health of the container shipping industry
In this 50-page special report, Drewry’s investment research team updates its independent assessment of the financial health of the box shipping industry. The full report is now available to purchase online.

Satisfaction survey in container transport: availability of cargo space now number one customer requirement

Container shipping lines’ ability to provide cargo space as needed showed a marginal improvement in 2019, but this gain will have been dramatically reversed by the end of the first half of this year, according to the fourth annual shipper satisfaction survey of Drewry and the European Shippers’ Council (ESC).

Drewry Forwarder Benchmarking Club achieves global coverage milestone

Drewry’s online ocean freight cost comparison service for freight forwarders and non-vessel operating common carriers (NVOCCs) achieves a significant participation milestone.

Drewry begins tracking weekly containership cancelled sailings and waiting times

Drewry Supply Chain Advisors is pleased to announce the launch of two new container shipping tracking services reporting cancelled sailings and ship waiting times every week.

Events

17th Phenol/Acetone & Derivatives Conference

Hu Qing to discuss IMO 2020 and its impact on chemicals shipping and freight rates.

Intermodal Asia 2020

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

Breakbulk Europe

Come and see Drewry at BreakBulk Europe