Drewry: Charter Market in Unexpected Revival

The charter market has found a new lease of life in the recent weeks driven in part by carriers’ poor network ...

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Drewry: 2017 a Year of Small Comeback for Container Carriers

2017 should be a year of small profits for most container carriers but there will be very little room for error, ...

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No Significant Recovery for MPV Rates before 2018

Rates in the multipurpose shipping sector seem to have bottomed out as signs of market recovery emerge after ten ...

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Drewry: Alliance Reshuffle Comes amid Weaker Demand

The new alliance set-up coincides with a weak start to the year for headhaul volumes from Asia to West Coast North ...

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Little Hope for Asia-West Africa Volume Recovery

Carriers in the Asia to West Africa container trade could be dragged through another woeful demand story as the ...

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Drewry: New Alliance Networks-Winners and Losers

The Ocean Alliance has the most services at its disposal with a total of 40 loops spread across seven East-West ...

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Rate Levels Surge from North Europe to Asia

Spot container freight rates from North Europe to China have reached a four-year high as they jumped by 45% this ...

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Drewry: Southern Africa Imports from Asia on Recovery Path

Ailing South Africa imports from Asia could see a small recovery in 2017, as improving demand and capacity ...

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Drewry: Liner Alliances Make Illogical Port Choices

By examining the correlation between carrier terminal ownership and the choice of port calls by the 2M and upcoming ...

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Drewry: Carriers Reluctant to Narrow Supply-Demand Gap

Amid a huge gap between supply and demand in the container shipping industry, carriers seem to be reluctant ...

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Drewry: Carriers Set Sail on a Long Road to Recovery

The container shipping trade will mark positive growth numbers alongside most months of 2017, however, as long as ...

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Drewry: LPG Shipping Rates to Fall Further in 2017

Although the liquefied petroleum gas (LPG) shipping trade is expected to continue growing on the back of strong ...

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Dry Bulk Market to Recover from 2017 Onwards

The dry bulk shipping market is expected to recover from 2017 onwards driven by a narrowing supply-demand ...

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Chemical Vessel Oversupply to Continue Squeezing Rates

The expected expansion of the chemical shipping fleet in 2017, driven by the large number of orders placed in ...

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LNG Shipping Rates to Improve from 2018

Liquefied natural gas (LNG) shipowners are facing a tough period as rates are expected to remain under pressure ...

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Drewry: Many ex-Hanjin Ships to Remain Idle for Some Time

Some five months after the collapse of Korean shipping group Hanjin Shipping, more than two-thirds of all ...

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Drewry: New Tonnage the Biggest Risk for Industry Recovery

One of the key performance indicators that needs to be ticked off before the containership industry recovery ...

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Drewry: All Is Not Quiet in the East Med

A recent spike in Asia to Mediterranean spot rates shouldn’t be mistaken as a sign of permanent recovery of big ...

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Drewry: Benchmarking Grows in Ocean Transport

International transport and logistics executives are increasingly benchmarking their companies’ costs and supplier ...

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Drewry: New Alliances to Have Limited Effect on Ports

The seemingly never ending move towards reduced service frequency may be coming to an end for North European ports, ...

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Box Rates on East-West Routes above 5-Year Average

Spot container freight rates on the major East-West routes reached a 20-month high this week and have risen above ...

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