Sailing the Seven Seas

Have you ever thought about the first journey of a ship, her maiden voyage from the shipyard to its owner?

Handysize LPG Ships to Be Worst Performers in 2018

Among the different size categories of LPG ships, the small vessel segment is expected to be the best performer in ...

read more →

Loaded Container Shipments to Break 200 Mn TEU Mark

Global loaded container traffic is on track to break the 200 million teu threshold this year for the first time ...

read more →

Asia-West Africa Trade on Recovery Path

The outlook for the Asia-West Africa trade is improving, but there is much ground still to recover, shipping ...

read more →

Ship Operating Costs Stabilise in 2017

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners ...

read more →

Drewry: Crude Tanker Rates to Further Drop in 2018

Following a sharp decline in crude tanker freight rates seen during 2017, the rates are set to further drop in 2018 ...

read more →

More ULCVs to Hurt Chances of Supply, Demand Balance

Following a recent spate of ultra large container vessel (ULCV) orders, the addition of any further boxship giants ...

read more →

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 ...

read more →

Northbound ECSA-Europe Trade Turning the Corner

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

read more →

Drewry: Carriers Hesitate to Suspend Services

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

read more →

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 ...

read more →

Shipping Bonds Issuance Momentum Explained

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

read more →

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 ...

read more →

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 ...

read more →

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 ...

read more →

Reefer Rates to Soar amid Container Shortages

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

read more →

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 ...

read more →

Drewry Sets Up Reefer Benchmarking Club

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

read more →

BCOs Need to Rethink Contract Negotiation Strategy

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

read more →

Drewry: Freight Rates Entering Calmer Waters

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

read more →

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, ...

read more →

Carriers Sailing to a Golden Era of Profitability?

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

read more →