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Our thoughts on recent events
Read the latest thoughts and opinions of our sector experts and lead analysts on key industry events and developments.
Multipurpose Shipping
4 July 2019: Multipurpose bleak outlook: We have downgraded our outlook for the sector - which includes both breakbulk and project cargo vessel types - in light of weaker projected global economic growth.
Read the update
Latest opinion: 4 Jul 2019
Multipurpose shipping outlook bleaker, but growth still expected
Drewry has downgraded its outlook for multipurpose shipping, which includes both breakbulk and project cargo vessel types, in light of weaker projected global economic growth, greater competition from dry bulk and container sectors, as well as slower ship demolitions.
15 Apr 2019: Heavylift shipping outlook clouded by slowing world trade
The multipurpose and heavylift shipping sector will see strengthening rates through 2019 fuelled by rising project cargo traffic, but prospects thereafter are muted by an anticipated slowdown in world trade.
11 Mar 2019: Localisation and rationalisation to boost car carrier shipping volumes
As mature auto markets peak and OEMs ramp up new technology investment, car carrier shipping volumes are likely to benefit.
Drewry has downgraded its outlook for multipurpose shipping, which includes both breakbulk and project cargo vessel types, in light of weaker projected global economic growth, greater competition from dry bulk and container sectors, as well as slower ship demolitions.
15 Apr 2019: Heavylift shipping outlook clouded by slowing world trade
The multipurpose and heavylift shipping sector will see strengthening rates through 2019 fuelled by rising project cargo traffic, but prospects thereafter are muted by an anticipated slowdown in world trade.
11 Mar 2019: Localisation and rationalisation to boost car carrier shipping volumes
As mature auto markets peak and OEMs ramp up new technology investment, car carrier shipping volumes are likely to benefit.
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
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.
Related News
10 Apr 2019
Proposed US auto tariffs would have a significant negative impact on key East-West trade routes
Key US ports, leading global container lines and specialist car carriers will all be adversely impacted should the proposed US auto tariffs be implemented in the second quarter of 2019, according to an impact analysis published by global shipping consultancy Drewry.
22 Nov 2018
Ship operating costs reach inflection point as inflation returns
Average vessel operating costs rose modestly for the second year in succession following two years of marked declines, according to Drewry’s latest Ship Operating Costs Annual Review and Forecast.
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 2018/19
Annual Review and Forecast · Latest release 07 Aug 2018
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. New and improved for 2018/19, including bi-lateral trade analyses and access to all data tables and charts in Excel.
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Multipurpose Forecaster (Annual Subscription)
Quarterly In-depth Market Forecasts · Latest release 27 Jun 2019
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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