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Maritime Research

Container Market Annual Review and Forecast 2020/21

Annual Review and Forecast

October 2020

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Container Market Annual Review and Forecast

The definitive annual review and forecast

The container shipping industry has been on the front line during the COVID-19 global pandemic, ensuring that trade continues to flow in unpredictable times. 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 2024.

The Container Market Annual Review and Forecast 2020/21 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
  • Recorded monthly time charter levels
  • Average slot charter rates
  • Development of second-hand prices
  • Recent container sale & purchase activity
  • Newbuild and demolition prices
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News

COVID-19 drives up ship operating costs

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.

Fedespedi and Drewry to collaborate in forwarder freight rate benchmarking

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

Drewry launches exclusive membership Club as part of 50th year celebrations

As part of celebrations to mark our 50th anniversary, we have introduced an invitation only membership club for our advisory clients and long-standing subscribers of our maritime research services.

Drewry highlights transformation of rate conditions in transpacific container shipping

Unprecedented transpacific spot freight rates signal that a transformation of the container shipping sector may be underway and that shippers need to adapt.

Events

Ship Operating Costs Trends Briefing

Join us at 0900 GMT or 1600 GMT on Tues, 2 February 2021 for an online briefing on the key trends and outlook in ship operating costs. The webinar presentation will analyse recent trends and outlook in the main expenditure elements of vessel operating costs, covering 47 different ship types and sizes across all the main cargo shipping markets, as well as several niche segments such as multipurpose and car carriers.

Container Equipment Market Outlook

Join us for a FREE Drewry online briefing at 0900 or 1600 BST on Tuesday 9 February 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.

Intermodal Asia 2021

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