Drewry: Ocean carriers close 2021 with $190bn profit

  Ocean carriers have generated about $190 billion of annual profits and about $130 billion of…

Container carriers profit to hit $100bn this year, says Drewry 

  This year will be the first year in the history of container shipping when carrier…

Shortfall of ship officers to hit decade-high by 2026 — Drewry 

  Diminishing attractiveness of a career at sea, coupled with rising man-berth ratios and continued fleet…

COVID-19: Crew costs to rise 15% this year, says Drewry

  Crewing costs are expected to rise in the region of 10–15% this year due to…

Drewry predicts challenging year ahead for container shipping 

  2020 will prove another challenging year for ocean carriers in terms of capacity management, according…

Drewry: World Container Index down 21.8% on year

  The composite index decreased 3.9% this week and, likewise 21.8% down as compared with same…

Drewry: Higher BAF charges to arrive ahead of IMO 2020 

  With the enforcement date of the IMO 2020 low-sulphur regulation now only 6 weeks away,…

Drewry: Box spot rates rise amid more idle ships, bunker surcharges

  The container spot freight market have rebounded amid a growing number of idle ships and…

Drewry downgrades global port throughput outlook

  Shipping consultancy Drewry has downgraded its outlook for world container port throughput for the current…

Slow car carrier recovery to trigger more distressed asset sales — Drewry 

  Car carrier shipping is expected to continue its slow recovery, supported by improving utilisation and…

Low-sulphur fuel to cost 30% more than the current fuel — Drewry 

  Early indications of prices for low-sulphur fuel oil 0.5% compliant with the IMO 2020 rule…

Drewry forecasts modest growth for global container port 

Global container port demand is heading toward a modest growth and numerous uncertainties, accompanied with muted…