Container lines are enduring a “severe revenue contraction”, said Drewry, after the first six-month turnover figures…
Tag: Drewry
Pressure mounts on carriers to cut costs
As the container industry revenues are contracting faster than carriers can cut costs, the shipping consultancy…
Mega-alliances could help transhipment hubs – Drewry
The world’s largest transhipment hubs are exposed to numerous risks, from poor underlying demand to increasing…
Brexit to change UK’s import-export mix, says Drewry
The UK’s decision to leave the European Union would probably lead to a change in the mix, as the…
Shipping oversupply to persist despite big scrapping plans, says Drewry
A record number of around 150 container vessels are expected to be scrapped in 2016 but…
Drewry: Peak season volume to stay on 2015 level
The 2016 third quarter peak season will not bring much respite to carriers as the period…
Drewry: Container shipping rates still short of previous levels
Although container shipping spot rates should be more stable through the rest of the year, presuming carriers have…
Drewry: Clarity issues could delay container weighing
Although progress is being made for the upcoming implementation of the container weighing rules on July 1, it…
Drewry: Clarity issues could delay container weighing
Although progress is being made for the upcoming implementation of the container weighing rules on July 1, it…
Drewry cautions new container alliance
“Alliances are only as stable as their member carriers,” was maritime consultant Drewry’s first comment on…
Drewry: Boxship rate erosion worse than expected
Container shipping losses are expected to reach between USD 6-10 billion this year as carrier profit margins…
Drewry: Shipowners forced to either cut rates or fleet
The current container market downturn is forcing some independent shipowners to either reduce charter rates to help save…