The imperative to decarbonise the global shipping industry is clear and present, however, many of the world’s largest shippers are poorly informed about the implications of the new emissions regulations.

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.