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Maritime Research

Container Market Annual Review and Forecast 2019/20

Annual Review and Forecast

October 2019

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Container Market Annual Review and Forecast

The definitive annual review and forecast

The container industry is facing more challenging headwinds with gloomier economic outlooks and rising protectionism adding another level of unpredictability to the market. 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 2023.

The Container Market Annual Review and Forecast 2019/20 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

News

Drewry publishes first low-sulphur BAF reference price

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.

Ship operating costs rise on higher R&M and insurance spend

Underlying vessel operating cost inflation accelerated moderately in 2019 on higher repair & maintenance and insurance spend, while costs are expected to continue rising at a similar pace in 2020, according to Drewry’s latest Ship Operating Costs Annual.

The time for higher BAF charges has come

With the enforcement date of the IMO 2020 low-sulphur regulation now only 6 weeks away, shippers and forwarders are starting to get their chequebooks out to help ocean carriers cover the additional cost of the cleaner, low-sulphur fuel.

ESC, Drewry announce an IMO 2020 BAF transparent indexing mechanism

Drewry and the European Shippers’ Council (ESC) have published a bunker adjustment factor indexing mechanism to help shippers monitor and control bunker charges in the run-up to and following the introduction of the IMO 2020 low-sulphur regulation.