Tag: Drewry

Container Shipping Market Breaking Records

British shipping consultants Drewry are predicting container shipping will smash last year’s record profits in 2021, with 2022 also tipped to be highly profitable,...

Drewry Highlights the Impact of Congestion on Port Industry

Drewry has published a report to demystify the current situation of port congestions and explore its possible impact on the port sector valuation. Supply chains...

World Composite Index Increased By 1% And 169.2% Y-o-Y

The World Composite Index increased 1% this week, and 169.2% up when compared with same period of 2019, says an article published in Drewry. Average...

Carriers Make Huge Investments in Additional Reefers

Exotic fruits are the star performer among seaborne perishables. But port congestion and carrier surcharges continue to increase costs for reefer shippers. According...

Pandemic Fiasco Brings About A Spike in Vessel Operational Costs

Vessel operating costs have risen at their fastest pace in over a decade this year, on higher insurance cover premiums and COVID-19 related expenses,...

Swing Tankers Unlikely To Enter Trading Fleet Amid Earning Concerns

Tankers to continue trading in the CPP market as chemical shipping rates are not likely to be strong enough to attract these vessels...

Reefer Shipping Outruns Dry Cargo Trade Amid Container Shortages

The availability of refrigerated container equipment is forecast to tighten as buoyant trade. Seaborne reefer trade recorded growth of just 1.7% in 2019...

Container Shipping Costs Tumble Amid Increasing Service Level Fiasco

Container shipping service levels dropping as costs and rates rise. Service level problems happen through a number of transport crises, such as increasing...

World Container Index 43.5% Up, Says Drewry

World Container Index Up 43.5% Versus Same Week of 2019. WCI increased by 1.5% to $2,089.41 per 40ft container. The average composite index...

[Register] Drewry To Discuss COVID-19 Operational Problems in a Webinar

Drewry has planned to host a webinar to provide more stability and predictability for shippers, says a press release published on their website. Ability to...
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