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Container shipping stock prices resilient: Drewry
14 Feb 2023 9:59 AM GMTDespite continuous fall in freight rates, stock prices of major liners are consolidating at historically low valuations
Maersk integrator strategy high risk move: Drewry
3 Feb 2023 7:30 AM GMT“Messaging to both sets (customers & shareholders) on how they will succeed needs to be crystal clear”
2M split: Container shipping heading for turmoil
26 Jan 2023 6:52 AM GMTAfter controlling 35% capacity, the 2M alliance partners will now fight for market share and the same set of customers
Carriers cancel 21% sailings till mid-Feb: Drewry
7 Jan 2023 6:20 AM GMT58% blank sailings will be occurring in Transpacific Eastbound & 31% on Asia-North Europe and Med
Carriers losing control of the market: Drewry
5 Jan 2023 10:28 AM GMT"Spot rates have continued to fall on a weekly basis, rapidly closing in on five-year 2015-19 averages."
Margin pressure looms for container terminal operators: Drewry
15 Dec 2022 4:30 AM GMTDrewry’s Global Container Terminal Earnings Index peaked in Q122 followed by a 13% drop in Q222
Drewry says inflation hits vessel operating costs
8 Nov 2022 7:00 AM GMTDrewry estimates avg daily operating costs across 47 ship types & sizes rose for 5th year to $7,474 in 2022, up 2.2%
Shipping containers to decline for 1st time in 14 years: Drewry
2 Nov 2022 2:30 PM GMTFleet of container equipment in service is forecast to decline by 3% in 2023
How will carriers manage the decline?
5 Oct 2022 12:30 PM GMTCapacity management will be key to deciding how much of super-cycle gains carriers can hold on to: Drewry
Drewry lists 4 priorities for 2023 ocean deals
27 Sep 2022 7:56 AM GMT“It will be tempting but not advisable for shippers to 'seek revenge’ against & drop previous carriers and NVOCCs.”
Los Angeles port import volume drops 17% in Aug
16 Sep 2022 10:45 AM GMTEarly arrival of holiday goods, economic concerns begin to slow record pace.
Reefer freight rates stabilising, to outpace dry box prices
17 Aug 2022 10:00 AM GMTDrewry expects seaborne reefer trade growth to increase at an average annual rate of 3 percent to 2026.