Annual Review and Forecast ·
Latest release 24 Jun 2016
Is seafarer supply matching the demand from today’s global fleet? Drewry Maritime Research’s Manning 2016 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.
Rising long haul crude exports from the US and Nigeria will not be sufficient to increase tanker shipping rates, given lower anticipated Middle East output and surging tonnage supply, according to the Drewry’s latest Tanker Forecaster.