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Drewry: Shipping Container Prices Drop in Challenged Market

Containers

Total shipping container production will end the year having fallen 36% compared to 2018, Drewry noted.

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LNG Shipping Rates Rise as Sanctions Hit Vessel Availability

GasLog

The LNG shipping market finally came to life when a combination of factors worked in tandem to squeeze the vessel supply.

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Drewry Downgrades Global Port Throughput Outlook

Container port

Drewry now expects global port throughput to rise by 2.6% in 2019, down from the previous 3.0% expectation.

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Carriers, Shippers to Benefit from Future Online Platforms

Containership

Online technology platforms where shipping lines and their customers can negotiate forward contracts could help ...

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Slow Car Carrier Recovery to Trigger More Asset Sales

Car carrier Nordic Ace

More distressed vessel sales expected amid rising costs and vulnerable trade outlook due to rising geopolitical risk.

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Large Bulkers to Benefit from Indonesia's Exports Ban

Bulker

Although Indonesia’s export ban will fuel large bulkers, it would hurt the demand for small bulkers.

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Automation Has Little Medium-Term Impact on Seafarer Demand

Shipping

The take-up of autonomous shipping may not be as rapid as many industry observers expect, Drewry said.

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Drewry: Capesize Market Spot Rates at Record Highs

Vale Brasil

Upcoming IMO rules and recovery in Brazil’s iron ore exports to support the continued surge in freight rates.

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Reefer Container Equipment Availability to Remain Tight

Reefer

Shipping capacity supply and freight rates would be impacted by tight reefer container equipment availability.

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Low-Sulphur Fuel to Cost 30% More Than the Current Fuel

Shipping

Bunker adjustment factors will soar in late 2019 and "will be very volatile in the first half of 2020."

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Tanker Scrapping Activity to Revive before Surging in 2020

Tanker

Scrapping activity is to rekindle due to IMO’s Ballast Water Management Convention.

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Stronger US-China Ethane Trade to Boost Demand for VLECs

VLEC

Ethane trade on the U.S.-China route has the potential to create demand for about 30 VLECs, Drewry said.

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Misdeclared Cargo Fines Unlikely to Change Rogue Shippers

APL Le Havre on fire off Gujarat, India

Eight fire incidents occurred aboard ships carrying containers this year alone.

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Modest Growth Expected for Global Container Port Demand

Container terminal

Most world regions would see an increase in average terminal utilisation.

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Drewry: Indian Coal Imports Boost Panamax Rates

Coal carrier

The imports are expected to remain high over the next few quarters.

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Drewry: Fairly Modest Growth Expected in Asia-Med Trade

Containership

The westbound Asia-Med saw a good start to 2019, but recent pricing levels suggest that things are levelling off.

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Drewry: Tightness in Oil Supply to Hurt Tanker Demand

Tanker

The negative impact on tanker demand, especially VLCCs, would go some way to negate the normal seasonal upturn.

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Drewry: Multipurpose Shipping Outlook Lowered

Multipurpose shipping

The shipping consultancy said that, going forward, there is little possibility of improvement before 2021.

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Drewry Lowers 2019 Container Growth Forecast to 3 Pct

Containership

Drewry confident that world trade will rebound in 2020, but much will depend on developments outside of carriers’ ...

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Drewry: Shipping Industry's Benefits from US-China Trade War

Containership

Escalating trade hostilities between the US and China should result in higher volumes of intermediate goods.

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Canada to Secure Bigger Share of Asian LPG Market

LPG

RIPET will not bring major changes in demand for VLGCs, however, it is expected to impact LPG pricing.

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