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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Recovery of Multipurpose Shipping Rates in Sight

The multipurpose shipping market is expected to see the first signs of recovery by the end of 2017, following in ...

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Ship Operating Costs Drop amid Weak Market Conditions

The cost of operating cargo ships has fallen for two successive years amid weak freight rates, declining asset ...

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Drewry: Idle Containership Fleet Surges amid Overcapacity

The number of idle containerships increased from 238 vessels with a combined capacity of about 900,000 TEU in ...

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Putting the Squeeze on Terminal Operators Could Backfire

Container shipping lines are in danger of putting future port investment at risk in their demands for terminal ...

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Drewry: Oversupply Persists in Asia-Mediterranean Trade

The withdrawal of Hanjin Shipping’s tonnage has not been enough to rectify the Asia-Mediterranean ...

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VLGC Oversupply to Put More Pressure on Freight Rates

High scheduled deliveries and low demolition prospects will drive unwanted fleet growth of very large gas carriers ...

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Drewry: No Recovery for Asia - West Africa Container Traffic

The third quarter drop in volumes was unexpectedly severe and must have caught carriers out by surprise as Asia to ...

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IMO's BWM Regulation to Boost Tanker Scrapping Activity

Weakness in freight rates will increase tanker shipping demolitions over the next two years, with the trend ...

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