Computational Fluid Dynamics

Over just the past fifteen years, the use of Computational Fluid Dynamics (CFD) has become mainstream in ship design.

Chemical Tankers Expect Recovery from Late 2018

Chemical shipping market is heading toward a recovery phase, which would be supported by subdued ordering and a ...

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Northbound ECSA-Europe Trade Turning the Corner

The northbound East Coast South America – Europe trade is finally on the mend heading into the Brazilian ...

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Drewry: Carriers Hesitate to Suspend Services

Despite ongoing freight rate erosion, container carriers are yet to announce any service suspensions for the slack ...

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Ordering Spree in Boxship Sector Unlikely

On the heels of the two orders by containership majors CMA CGM and MSC for 22,000 TEU ships, the market fears there ...

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Shipping Bonds Issuance Momentum Explained

Faced with the lack of available funding, a growing number of shipping companies have taken advantage of the low ...

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LNG Fleet's Operating Losses to Hit USD 230 Mn in 2017

The global LNG shipping fleet will make aggregate operating losses of USD 230 million in 2017 as the spot rates ...

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Multipurpose Shipping Sector Remains in Cautious Optimism

The multipurpose shipping fleet is set to see a rise in market share and a recovery in freight rates in 2018, amid ...

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Container Shipping Industry to Earn USD 6 Bn This Year

The container shipping industry is steaming its way toward making an operating profit in the region of USD 6 ...

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Reefer Rates to Soar amid Container Shortages

Reefer rates are set to skyrocket, as the increasing pressures from carrier consolidation collide with acute ...

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Container Lines Take Lion's Share of Seaborne Reefer Market

Container shipping lines are increasing their share of the seaborne reefer market and are forecast to accelerate ...

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Drewry Sets Up Reefer Benchmarking Club

Shipping consultancy Drewry has launched a new Reefer Benchmarking Club to meet the growing concerns of shippers ...

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BCOs Need to Rethink Contract Negotiation Strategy

Contract freight rates paid by Beneficial Cargo Owners (BCOs) to move their products by container have increased ...

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Drewry: Freight Rates Entering Calmer Waters

Carriers’ lack of success implementing spot market freight rate increases in September is less worrying than ...

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Asia to ECSA Trade Heading to Double-Digit Growth

The container market from Asia to East Coast South America (ECSA) is on course for double-digit growth this year, ...

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Carriers Sailing to a Golden Era of Profitability?

Driven by better market fundamentals and greater pricing discipline, carriers are now finally getting their ...

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Shipping's Recovery Not Enough to Lift Seafarer Wage Costs

Ship manning costs are set to remain suppressed despite a recovery in cargo shipping markets, as shipowners and ...

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Drewry: SM Line Soon to Join Top 20 Carriers

South Korea’s recently established SM Line is on the verge of joining the Top 20 of carriers by operated ...

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Container Leasing Rates under Pressure amid Competition

Leasing companies are tightening their stranglehold over container equipment ownership as ocean carriers cut back ...

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Hybrid Global Terminal Operators on the Rise

More international terminal portfolios are likely to move into the hybrid category in the coming years, as pure ...

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Asia to Australasia Container Traffic Heading South

Asia to Australasia container traffic experienced its first quarterly slump in at least five years, falling by 11 ...

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Drewry: Asia-Southern Africa Rates at 7-Year High

The Asia to Southern Africa market has witnessed a significant growth as spot rates reached their highest in seven ...

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