All Drewry articles

  • MPV orderbook faces supply-side risk
    News

    MPV orderbook faces supply-side risk

    2023-11-07T09:59:00Z

    The multipurpose sector’s vessel orderbook is small, at just under 2.4 million dwt. China’s dominance in fulfilling those orders puts the fleet expansion in a precarious position, according to analyst Drewry.  

  • Drewry's November 2023 TCI
    News

    Drewry’s Multipurpose Time Charter Index

    2023-11-06T12:53:00Z

    The Drewry Multipurpose Time Charter Index has crept upwards over the past month and the November figure now stands at USD8,640 per day.

  • Generic ship pics
    News

    Multipurpose market in a quandary

    2023-10-10T11:39:00Z

    The multipurpose shipping market is finds itself in a quandary. Both shippers and carriers report upcoming demand, particularly in in the premium sector, with forward bookings placed. There is also growing impetus from the oil and gas sector. However, the actual present level of activity and availability of prompt cargo is weak. 

  • Drewry-multipurpose-sector-to-beat-competitors
    News

    Drewry sees increase in multipurpose scrapping activity

    2023-07-26T08:00:00Z

    Shipping industry analyst Drewry said that it has started to see an increase in multipurpose vessel demolition activity, although levels are still low in comparison to historical averages.  

  • MALCOLM Entering Palma de Majorca
    Article

    Rebalancing the multipurpose shipping market

    2023-07-13T08:24:00Z

    At a glance, 12 consecutive months of falling rates might be cause for alarm for the multipurpose and heavy lift shipping market. However, there is more going on than meets the eye. Owners and operators remain bullish, both now and for the future. David Kershaw reports.

  • Drewry's officer supply and demand chart.
    News

    Officer supply shortfall reaches record high

    2023-06-13T08:36:00Z

    Officer supply shortfall has reached a record high and is not expected to improve, leading to manning cost inflation, according to the latest Manning Annual Review and Forecast report published by shipping consultancy Drewry.

  • Maersk
    News

    Maersk to retire Hamburg Süd and Sealand brands

    2023-01-30T11:58:00Z

    Maersk will retire the brands Hamburg Süd and Sealand as well as more recently acquired brands that have joined the group.

  • susan oatway (2)
    News

    Oatway departs Drewry

    2023-01-25T10:59:00Z

    Susan Oatway has stepped down as Drewry’s principal breakbulk and multipurpose analyst.  

  • Drewry-multipurpose-sector-to-beat-competitors
    News

    Multipurpose shipping in position to weather 2023 storms

    2023-01-12T10:48:00Z

    While multipurpose vessel rates are expected to soften through 2023, the rate of decline is expected to be less than in competing sectors such as containerships and handysize dry bulk carriers, according to the latest forecasts from Drewry. 

  • CF_4Q22_2D_P2D
    News

    Lack of capacity management leaves container market exposed

    Old habits die hard, according to analyst Drewry, which in its latest Container Forecast report explained that rather than control capacity, the market’s instinct to preserve volumes and lower prices to secure short-term bookings kicked in.

  • maersk-line-03 - CREDIT MAERSK
    News

    The costs of decarbonisation

    2022-11-15T09:30:00Z

    Shipping industry analyst Drewry has published its first industry-wide costings to transition European cargo shipments to greener fuels, with the extra bills running to as much as USD14.5 billion.

  • MPV_566-322
    News

    A stagnating fleet and slower growth

    2022-10-17T11:00:00Z

    In its latest multipurpose and heavy lift shipping market outlook, Drewry predicts further charter rate declines heading into 2023.

  • Fracht Group - picture2 copy
    Article

    Project logistics providers adapt to market realities

    2022-10-10T14:13:00Z

    With the world in turmoil, project logistics providers are operating in an environment where the only certainty is uncertainty. David Kershaw takes a look at how companies are coping and at where the markets may be heading.

  • Credit AntwerpXL
    News

    AntwerpXL reveals conference agenda

    2022-09-26T13:25:00Z

    The conference programme for the AntwerpXL conference has been unveiled.

  • AntwerpXL
    News

    AntwerpXL outlines conference agenda

    2022-09-09T10:03:00Z

    AntwerpXL has revealed the conference programme that will accompany the exhibition, scheduled to take place from October 5-6.

  • Screenshot 2022-07-01 at 10.13.30
    News

    Slide in container spot rates continues

    2022-07-01T09:14:00Z

    The slide in spot rates in container shipping has become entrenched, according to analyst Drewry, with the dips getting bigger by the week. It added that it could be the beginning of the end of the container market bull run.

  • Screenshot 2022-06-07 at 10.23.20
    News

    ​Drewry’s rate index weakens slightly

    2022-06-07T09:24:00Z

    The Drewry Multipurpose Time Charter Index weakened over May to USD11,120 per day – down from April’s figure of USD11,170 per day.

  • drewry Sshot april22
    News

    Drewry’s rate index remains steady in April

    2022-05-10T08:04:00Z

    Drewry’s multipurpose time charter index held firm in April at USD11,170 per day, halting the previous month’s decline.

  • Screenshot 2022-04-05 at 13.20.33
    News

    Drewry Multipurpose Time Charter Index plateaus

    2022-04-06T07:19:00Z

    The Drewry Multipurpose Time Charter Index decreased slightly over March to USD11,170 per day, representing a drop of 0.2 percent compared to the previous month. 

  • TMI Mar 21 - Mar 22
    News

    Rates stable but outlook unclear

    2022-03-07T12:00:00Z

    Both Toepfer Transport’s and Drewry’s multipurpose time charter indices report another rise in rates over the last month, albeit at a slower rate of growth.