Confirming reports that have been coming in all year from shipowners, ship managers, crewing agencies and other sources, a just published report confirms that the cost of complying with COVID-19 restrictions have
NOVEMBER 6, 2017—Global shipping consultancy Drewry expects dry bulk shipping charter rates to recover from the second quarter of 2018 on the back of strengthening Asian iron ore demand, according to its
AUGUST 11, 2017 — Rising long haul exports of crude oil from the U.S. and Nigeria will not be sufficient to push tanker shipping freight rates higher, given lower anticipated Middle East
AUGUST 7, 2017 —Shipping consultancy Drewry expects the capacity of the shipping fleet trading in chemical and vegetable oil markets to grow at a much faster pace than demand, weakening earning prospects.
AUGUST 2, 2017—There hasn’t been much of a silver lining for shipping as of late, but international shipping consultancy sees one in the latest forecasts for rates in the dry bulk shipping
JULY 26, 2017 — Despite falling freight rates for floating storage regasification units (FSRUs), investment returns at current asset prices and charter rates are higher compared with standard LNG vessels, according to
JULY 20, 2017 — The Drewry World Container Index is down by 6.3% to $1421.4/40 ft container this week, but up by 15% from the same period of 2016. . The index
JUNE 26, 2017 — Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the multipurpose shipping sector, according to
MAY 26, 2017—This past week, the World Container Index—a composite of container freight rates on eight major routes to/from the U.S., Europe and Asia—was down by 3.6% to $1,446.81/40ft container, according to
APRIL 25, 2017 — Shipping consultancy Drewry believes that, given the mounting pressure on freight rates and continuing fleet growth over the next two years, excess LNG carrier supply will reduce only
