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Maritime Research

Container Market Annual Review and Forecast 2016/17

Annual Review and Forecast

October 2016

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Container Market Annual Review and Forecast

Annual review and forecast

The container industry has been experiencing unprecedented change in recent years with the introduction of mega vessels and the formulation of new operational alliances. Our Container Market Annual Review and Forecast provides the accuracy, detailed insight and industry knowledge required at such a time.

Key areas covered

  • World container trade and port volumes
  • Global supply and demand
  • Trade Route analysis
  • Freight rates and carrier financials
  • The charter market and S&P


Drewry’s Container Market Review takes a look back at the developments over the last year and how they sit within the broader picture of the container market. Drewry continues to enhance the analysis provided, with relevant forecasts through to 2020.

The Container Market Annual Review and Forecast 2016/17 is one of Drewry Maritime Research’s annual reports, providing a complete review of the industry whilst also presenting detailed forecasts for key metrics. This report is also available as part of the Container Forecaster set of reports.

 

This annual review and forecast is the 3rd quarter edition of the Container Forecaster annual subscription - released on a quarterly basis.


More Information

Fast facts

  • Average one-year time charter rates 2011-16
  • Recorded monthly time charter levels July 2013–July 2016
  • Average slot charter rates 2011–16
  • Development of second-hand prices 2011–16
  • Recent container sale & purchase activity
  • Newbuild and demolition prices

News

VLGC asset values to fall in sync with freight outlook

VLGC asset values to fall in sync with freight outlook
Given the weak freight rate outlook for LPG shipping over the next twelve months, Drewry believes there is more downside risk to VLGC second-hand values, according to its latest LPG Forecaster.

Increasing long-haul crude trade insufficient to support tanker shipping rates

Rising long haul crude exports from the US and Nigeria will not be sufficient to increase tanker shipping rates, given lower anticipated Middle East output and surging tonnage supply, according to the Drewry’s latest Tanker Forecaster.

Spectre of oversupply haunts chemical shipping

The shipping fleet trading in chemical and vegoil markets is expected to accelerate at a much faster pace than demand, weakening earning prospects, according to Drewry’s latest Chemical Forecaster.

Firm demand will continue to support dry bulk shipping

Drewry expects dry bulk shipping charter rates will continue to recover, with firm demand and controlled fleet growth, according to its latest Dry Bulk Forecaster.

Events

Argus Petrochemical Asia 2017

Drewry will present the outlook for China domestic and imports of methanol shipping market.

Black Sea Container Summit

Drewry will present its outlook on the state of container transport in the Eastern Mediterranean and the Black Sea.

South Carolina International Trade Conference

Drewry will present its outlook for the global container shipping industry.