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Maritime Financial Research (2) Maritime Research (102) Supply Chain Advisors (1) Select All

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Container Shipping (7)
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Multipurpose & heavylift shipping to stagnate on coronavirus impacts

Multipurpose & heavylift shipping to stagnate on coronavirus impacts


07 Apr 2020


Drewry’s latest forecast for multipurpose and heavylift (MPV/HL) shipping confirms that if the coronavirus (COVID-19) outbreak is contained by 4Q20, the expected demand growth for breakbulk and project cargo will stay positive but remain very weak.

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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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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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Palm oil supply crunch compels India and China to increase soybean and sunflower oils imports

Palm oil supply crunch compels India and China to increase soybean and sunflower oils imports


03 Feb 2020


Increasing biodiesel consumption due to the rollout of B20 biodiesel programme in Malaysia and B30 programme in Indonesia coupled with low production of palm oil will tighten its supply. Top importers like India and China will counterbalance this gap by switching to soybean oil and sunflower oil. This trade shift will result in increased tonne-mile demand and firm vegoil freight index in 2020.

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News

Drewry begins tracking weekly containership cancelled sailings and waiting times

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.

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.

Events

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