Shipper hopes dashed with prediction of no supply chain recovery before Q4 22
LONDON : Hopes of a return to some form of normality in global supply chains after Chinese New Year in February have been dashed by analysts. Both Drewry and MSI now do not expect
Drewry introduces container carrier industry ‘maturity and risk’ dashboard
LONDON : To support growing investor and industry interest in the now extremely profitable container shipping sector, Drewry will introduce in its flagship, end-September edition of Container Forecaster a new ’Container Carrier Industry Maturity
Drewry’s World Container Index gains US$50 this week
Drewry’s composite World Container index increased marginally 0.5% or US$50 to US$9,421.48 per 40ft container on 12 August, 358% higher than the same week in 2020. This is the 17th consecutive week of increases,
Reefer container freight rates to outgun dry cargo rates in 2022
LONDON : Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch up on North-South routes, according to
Acceleration in port capacity investment insufficient to support cargo demand growth
LONDON : Surging container shipping cargo demand in the wake of the pandemic has resulted in a significant improvement in the global terminal capacity outlook, but this may not be sufficient to support forecast