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Specialised Shipping

Multipurpose Time Charter Index


Nov 2020: Our new Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month.

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Overview

Advisory expertise

Related Research

Key Contacts

Susan Oatway

Susan Oatway

Senior Analyst, Multipurpose & Breakbulk Shipping
Tim Power

Tim Power

Managing Director and Head of Maritime Advisors

Latest update: 02 Dec 2020

Exotic fruit to drive growth in the reefer shipping trade
Growth in the reefer shipping trade has been largely driven by soaring demand for proteins into swine flu-ravaged Asia, but this trend is expected to recede as domestic pig stocks recover. Future growth is expected to come from accelerating trade in exotic fruits, thanks to new technology which is lengthening potential shipping distances and opening up new markets where discretionary spend is rising.

24 Aug: Press release - Reefer shipping to outpace dry cargo trade despite container shortages
Availability of refrigerated container equipment is forecast to tighten as buoyant trade and continued modal shift boost expansion in reefer cargo carried by containerships.

07 Apr 2020: Multipurpose & heavylift shipping to stagnate on coronavirus impacts
Drewry’s latest forecast for multipurpose and heavylift (MPV/HL) shipping confirms that if the coronavirus (COVID-19) outbreak is contained by 4Q20, the expected demand growth for breakbulk and project cargo will stay positive but remain very weak.


Specialised shipping

The specialised shipping sector covers a variety of different niche segments that remain critical to the conduct of world trade.

These include:
  • Multipurpose shipping, incorporating both Breakbulk and Heavylift (or project) shipping
  • Reefer shipping, involving the movement of refrigerated cargo
  • Car Carrier shipping, involving the movement of autos (including PCTC)
  • Ferry & Cruise shipping, involving the movement of passenger traffic
  • Offshore, involving the support of the offshore oil and gas industry or special project work
Each of these sectors is characterised by very different dynamics and characteristics, requiring highly specialised understanding of these niche trades.

As a trusted, independent voice in the market, our team of specialists are regularly asked to present their research findings into market trends and future predictions for multipurpose and reefer sectors at leading industry conferences around the world.

In addition to detailed market analysis and rigorous forecasting we offer market leading analysis of the trade affecting the principle vessel categories as well as appraisal of shipping finances, including pricing, operating costs and investment returns. We challenge conventional wisdom through our deep understanding of the trade dynamics driving demand for different vessel types in all corners of the world.

Key Contacts

Susan Oatway

Susan Oatway

Senior Analyst, Multipurpose & Breakbulk Shipping
Tim Power

Tim Power

Managing Director and Head of Maritime Advisors

Key Contacts

Susan Oatway

Susan Oatway

Senior Analyst, Multipurpose & Breakbulk Shipping
Tim Power

Tim Power

Managing Director and Head of Maritime Advisors

Related News

COVID-19 drives up ship operating costs

Vessel operating costs have risen at their fastest pace in over a decade this year, on higher insurance cover premiums and COVID-19 related expenses, but are expected to moderate in subsequent years as pandemic related spend unwinds, according to Drewry’s latest Ship Operating Costs Annual Review and Forecast.

Drewry launches exclusive membership Club as part of 50th year celebrations

As part of celebrations to mark our 50th anniversary, we have introduced an invitation only membership club for our advisory clients and long-standing subscribers of our maritime research services.

Advisory Expertise

Advisory support across the specialised shipping sectors

Advisory support across the specialised shipping sectors

We offer specialist advisory services to support operational, planning, strategic and investment needs in the multipurpose, offshore, PCTC, car carrier, ferry and cruise liner sectors. As well as operational and technical due diligence services we also conduct bespoke market analysis, financial modelling and feasibility studies to support the commercial and strategic objectives of owners and operators, investors and other stakeholder with interests in these highly specialised areas of the

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Reefer Shipping Annual Review and Forecast 2020/21

Reefer Shipping Annual Review and Forecast 2020/21


Annual Review and Forecast · Latest release 11 Aug 2020


Reefer Shipping Market Review & Forecast is one of our flagship annual reports, providing a complete review of this highly specialised sector whilst also presenting detailed forecasts. Revised for 2020/21, including bi-lateral trade analyses and access to all data tables and charts in Excel.

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Multipurpose Forecaster (Annual Subscription)

Multipurpose Forecaster (Annual Subscription)


Quarterly In-depth Market Forecasts · Latest release 01 Oct 2020


Written by one of the sector’s leading experts our Multipurpose Forecaster provides an unparalleled depth of market analysis. This subscription package comprise the annual market review together with quarterly sector updates.

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