DrewryMore from DrewryAll LogisticsCargo Vessels Sailing Into Higher Operation CostsThe cost of operating cargo ships is forecast to rise over the next two years after falling in 2015, according to the latest Ship Operating Costs Annual Review and Forecast 2015/16 report published by global shipping consultancy Drewry.November 19, 2015All LogisticsEuropean Demand for Liquefied Natural Gas Won't Pump Up Shipping Freight Rates, Study SaysLNG shipping freight rates continue to be under pressure from weak Asian demand and a growing fleet. Shipowners are now pinning hopes on a revival in European demand. However, European LNG demand growth will not be sufficient to raise freight rates, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.November 3, 2015All LogisticsContainer Lines Show Marked Improvement in On-time Performance in Three Main East-West TradesContainer service reliability across the three main East-West trades reached a new data series high in September, rising by 6.5 percentage points over August to the new record of 79.9 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.October 23, 2015All LogisticsLook for Continued Years of Overcapacity of Ocean Container VesselsSlowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for another three years of overcapacity and financial pain, according to the latest Container Forecaster report published by global shipping consultancy Drewry.October 12, 2015All LogisticsCargo Shipping Rates on East-West Lanes Have Fallen Sharply Since Early 2014Ocean freight rates for cargo moving under contracts on the major East-West routes have seen a sharp reduction since the beginning of the year, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.October 1, 2015All LogisticsRecovery in Dry Bulk Shipping Market Thought to Be Unlikely Before 2017The dry bulk shipping market will remain in recession due to contracting demand for iron ore and coal, and any recovery is not expected until 2017, according to the Dry Bulk Forecaster report published by global shipping consultancy Drewry.September 4, 2015All LogisticsTanker Market Growing, But Earnings Expected to DeclineThe product tanker market has enjoyed healthy returns in recent years on the back of structural changes taking place in trading patterns. However, impending fleet growth is expected to reduce the sector's earnings over the medium term, according to the Product Tanker Market Annual Report 2015 published by global shipping consultancy Drewry.September 3, 2015All LogisticsContainer Port Growth Prompts Terminal Operators to Invest in Additional CapacityRising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry.August 26, 2015All LogisticsOn-time Performance of Container Lines Drops in Three East-West TradesBreaking a run of six consecutive months of improvement, container service reliability across the three main East-West trades declined in July, falling by 4.0 percentage points from June to 73.3 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.August 24, 2015All LogisticsFreight Rates in Ocean Transport of Liquefied Natural Gas Come Under PressureLNG carrier freight rates have come under severe pressure due to rising fleet supply and stabilising LNG demand, as Japan prepares to restart its nuclear power plants. Despite the general market belief that new LNG supply from Australian projects will provide ample employment to the growing fleet, there are immediate challenges on freight rates. This is due to 49 million tonnes per annum (mtpa) of Australian LNG cargo supply expected to hit the market over the next two years, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.August 21, 2015Previous PagePage 5 of 10Next Page
