Annual Review and Forecast ·
Latest release 29 May 2019
Is seafarer supply matching the demand from today’s global fleet? Drewry Maritime Research’s Manning Annual Review and Forecast 2019/20 report tackles this critical question and sets out the facts concerning wage rates and terms of employment that dictate the cost of manning vessels today.
The outlook for global container port demand is modest growth and numerous uncertainties, but in the face of this, capacity expansion plans are also muted, according to Drewry’s latest Global Container Terminal Operators report.
Manning costs have risen moderately over the past 12 months, checked by easing officer supply shortage, and are forecast to rise at a similar pace over the next five years, according to Drewry’s latest Manning Annual Review and Forecast.