DrewryMore from DrewryAll LogisticsOver Next Two Years, Growth in Crude Oil Tanker Capacity to Affect RatesA surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.August 20, 2015All LogisticsChemical Tanker Shipping Market Strong Enough to Utilize New Vessel DeliveriesThe chemical tanker shipping market has been strongly supported by specialised trades and clean petroleum products (CPP) demand during the second quarter of the year. Although many newbuildings were delivered, the market has been able to absorb the extra tonnage, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.August 19, 2015All LogisticsRefrigerated Containership Fleet Grows While Specialized Reefer Vessels Decline in NumberThe specialised reefer fleet is shrinking and shows no signs of reversing in the future. However, the reefer containership fleet has increased by 15 percent year-on-year and is set to grow 20 percent by 2018, according to Drewry's latest Reefer Shipping Market Annual Review & Forecast.August 12, 2015All LogisticsOn-time Performance in Container Trade Keeps Getting BetterContainer service reliability made another steady improvement in June with the aggregate on-time performance for the three key East-West trades rising by 5.7 percentage points to extend the data-series record to 77.3 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.July 27, 2015All LogisticsContinued Decline Predicted for Rentals of Ocean Container EquipmentContainer equipment rental rates came under renewed pressure in 2014 and by mid-2015 new dry freight pricing was at a ten-year low, whilst lease rates had fallen to an all-time low, according to the latest edition of the Container Leasing report published by global shipping consultancy Drewry.July 24, 2015All LogisticsGiven Overcapacity, Many Ocean Shipping Lines Likely to Struggle to Break Even in 2015A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to the Container Forecaster report published by global shipping consultancy Drewry.July 9, 2015All LogisticsCost of New Container Equipment Hits New Low, and Reported Likely to Stay ThereLow material costs and stable demand have driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition of the Container Census report published by global shipping consultancy Drewry.July 8, 2015All LogisticsOcean Cargo Industry Expected to Need Another 42,500 Officers Over Next Five YearsShipping will require an additional 42,500 officers by the end of 2019 to cope with the expected growth in the main cargo carrying fleet, equivalent to 7 percent growth over the five-year period. But the persistent shortage of officer crew is receding, according to the latest Manning report published by global shipping consultancy Drewry.June 26, 2015All LogisticsOn-time Performance of Ocean Carriers Continues to Improve, Especially in Main East-West LanesLiner schedule reliability improved for the fourth consecutive month in May as the aggregate on-time performance for the three core East-West trades jumped by 4.0 percentage points to reach a new data-series high of 71.6 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.June 19, 2015All LogisticsThe Fortunes of Chemical Shipping Industry Is Boosted by Swing VesselsChemical shipping faces another tough year, but prospects are improving thanks to the strength of the product tanker market which is attracting a growing number of swing ships out of chemicals into products, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.June 16, 2015Previous PagePage 6 of 10Next Page