A special report by our Maritime Financial Research team, dated 23 Sept 16 provides and independent assessment of the health of key players in the container shipping sector following the collapse of Hanjin.
The shiprepair market has shifted from the peak of 2008, when yards could pick and choose what work they took on, to one that is far more competitive. Many owners have gone into minimum-maintenance mode and will only commit to doing what is absolutely necessary. Find out what effects the market dynamics with this spotlight report.
Vessel oversupply will persist in the LPG shipping market for the next two years, keeping freight rates under pressure across most size segments, with any recovery being confined to smaller vessels, according to Drewry’s latest LPG Forecaster.
Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth and a bloated orderbook limit any rate recovery, with scrapping levels influencing the pace of any upturn, according to Drewry’s latest Tanker Forecaster.
London, UK, 8 May 2017 – Demand for methanol and vegoil will moderately support global seaborne trade, causing the shipping fleet trading in chemicals and vegoils to expand, according to Drewry’s latest Chemical Forecaster.