This annual subscription which is updated quarterly, provides a wealth of information in four major areas of the multipurpose and heavy lift market; trade, fleet, market, economics and costs.
Over the past 10 years, dry cargo volumes have grown at an average annual rate of 4%. Within that figure, bulk cargoes have grown at 4.6% and container cargo has grown at 5.0%. As the multipurpose sector straddles both the container and bulk markets, Drewry evaluates the dry cargo market share of the MPV fleet based on assessments for both tramp and liner tonnage. This market share is based on our assessment of the demand for cargoes from competing fleet sectors along with the expectation for the general cargo trade as a whole.
Trade volumes barely grew over 2015, less than 1% in all cases, the market share attributable to MPV vessels dropped as competition for cargoes in a weak market was particularly fierce.
Looking into this competitive sector, the Multipurpose Annual market Review and Forecast presents insight on:
• Breakbulk cargo such as steel, including crude production forecasts to 2020 and an analysis of steel product bilateral trades
• Dry cargo analysis covering forest products, construction materials and fertilisers
• Project cargo: potential growth in volumes in million tonnes forecasted through to 2018
• Port volumes for major US, Chinese, Brazilian, Saudi Arabian and European ports
• Forecast demand and market share through to 2020 broken down into Containers, Major bulks, Minor bulks and General cargo
The current breakbulk market including the Drewry All Earnings index through to 2015
Time charter rates and estimated development of time charter rates for container orientated Multipurpose vessels
Market trends for the short term future, through to 2016.
Supply-demand balance including forecast balance for Multipurpose vessels to 2020