07 Nov 2022: Vessel operating cost inflation accelerated in 2022 on mounting worldwide macroeconomic price pressures, despite some receding of Covid-19 related costs.
11 Oct 22: Fast rising cost of living crisis to precipitate more labour disputes across developed markets as dock workers seek to make up for rampaging price inflation, heaping more disruption on congested ports.
16 Aug 22: Reefer container freight rates rose over 50% in the year to 2Q22, matching gains made in dry cargo pricing, and are estimated to increase further in 3Q22, outgunning dry box rates. But some stabilisation in reefer container freight pricing is anticipated by year-end followed by a modest decline through 2023, as cargo owners push back on unsustainable freight rate increases, according to Drewry’s recently published Reefer Annual.
10 Aug 22: Widespread container shipping trade recovery in the wake of the Covid-19 pandemic has boosted the global terminal capacity outlook, supported by global terminal operators’ (GTOs) increased appetite for higher-risk greenfield projects to deliver long-term growth, according to Drewry’s latest Global Container Terminal Operators Annual Review and Forecast report.
The global pool of shipping containers increased by 13% to almost 50 mteu in 2021, three times the prior growth trend, according to Drewry’s recently published Container Census & Leasing Annual Review & Forecast 2022/23 report.
01 Apr 26: The increasing volatility in freight rates caused by the Iran war is not comparable in scale to the extreme freight rate inflation of the Covid period, analysis from Drewry Shipping Consultants shows.
31 Mar 26: International general airfreight rates surge by up to 95% (Feb to Mar) as reduced airfreight capacity and higher fuel prices caused by the Iran War threaten to bring prices back to Covid record levels.
Drewry’s investment research team updates its independent assessment of the financial health of the box shipping industry. The full report is now available to purchase online.