Tag: Drewry
IMO2020 Bunkering Problems Addressed in BAF Transparent Indexing Mechanism
In a major development, Shipping analyst Drewry and the European Shippers’ Council (ESC) have defined and published a simplified BAF indexing mechanism and bunker...
Drewry VLCC Scrubber Cost Insights
The uncertainty about what will happen to bunker prices after 2020 is creating something of a dilemma for tanker owners. In this article Drewry...
Shippers Brace for Ocean Freight Fuel Price Surge
According to Drewry’s survey, container shipping bunker adjustment factors (BAFs) will soar between 4Q 2019 and 1Q 2020, and will be very volatile in...
Experienced Second Engineers Are in Demand, Other Officer Numbers Rise
According to the latest Manning Annual Review and Forecast report published by the global shipping consultancy, Drewry, the manning costs have risen moderately over the...
Slow Ship Speeds Picks Up Steam at This Week’s IMO Meet
Drewry Shipping Consultants said slower speeds may have some benefits for the industry, but only up to a certain point.
IMO's meeting in...
Drewry: Boxship Scrapping To Rise Ahead of IMO 2020
The United States has ceased granting waivers for the import of sanctioned Iranian oil will contribute to carriers’ rising operating expense in the...
MPV and Heavylift Sector Facing Mid-Term Headwinds As Global Trade Slows
MPV and heavy-lift shipping sector are set for 3.8% growth this year, declining to 1.4% in 2020.
The number of MPVs with a...
Talent Shortage Hits Maritime Industry Says Drewry!
Talent slump that maritime sector is suffering from due to trade slow down should change in the next five years, reports Drewry, a global...
CMA CGM Rolls Out a Billion Dollar Cost Cut Plan
CMA CGM, france, reported a $100 Million net loss in its first quarter on Friday, whereas it reported a 2.9% increase in volumes during...
New Sulphur Regulations Could Increase the annual costs by $500 Million
In May 2016, MFAME published about a billion dollar savings acclaimed by container shipping giant Maersk which was mainly attributed to low fuel costs. Here...