All Drewry articles – Page 2
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NewsDrewry’s rate index weakens slightly
The Drewry Multipurpose Time Charter Index weakened over May to USD11,120 per day – down from April’s figure of USD11,170 per day.
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NewsDrewry’s rate index remains steady in April
Drewry’s multipurpose time charter index held firm in April at USD11,170 per day, halting the previous month’s decline.
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NewsRates stable but outlook unclear
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.
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NewsThe possible fallout for international shipping
The immediate impact of Russia’s invasion of Ukraine on the world economy and container shipping is thus far fairly small, but that could change quickly, according to maritime analyst Drewry.
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NewsDrewry’s index continues to rise
Drewry’s Multipurpose Time Charter Index increased to USD10,920 per day in January, representing a rise of 3.3 percent on the December 2022 figure.
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NewsContainer profits set to climb again
Container demand growth is losing some momentum amid mounting headwinds, but carriers will continue to rake huge profits, according to Drewry’s latest Container Forecaster report.
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NewsBIFA calls for deepsea shipping market investigation
The British International Freight Association (BIFA) has written to the UK government asking it to investigate the state of competition within the current deepsea container shipping market.
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NewsDrewry remains optimistic for carrier fortunes
The Drewry Multipurpose Time Charter Index increased to USD10,575 per day in December, up 0.8 percent over the November 2021 figure.
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NewsGrowth slows for multipurpose sector
Drewry’s multipurpose time charter index increased to USD10,487 per day in November, representing a rise of 1.9 percent over October 2021.
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NewsCharter rates keep climbing
The Drewry Multipurpose Time Charter Index increased to USD10,294 per day in October, representing a rise of 2.5 percent over the September 2021 rate.
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NewsNewbuild dearth accelerates MPP shortage
Newbuild multipurpose ship orders will not hit pre-pandemic levels this year, according to Drewry’s recently published Multipurpose Shipping Forecaster report.
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NewsAnother monthly jump in rates
The Drewry Multipurpose Time Charter Index increased to USD9,679 per day in August, representing a rise of almost 7 percent compared to the 1.4 percent rise seen in the previous month, as the usual summer lull came to an abrupt end.
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NewsDrewry’s index shows slowdown
The Drewry multipurpose time charter index increased to USD9,056 per day in July, a rise of 1.4 percent over the June figure.
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NewsDrewry adds steering group
Drewry has launched a steering group of shipmanagers to support the development of its flagship Ship Operating Costs Annual Review & Forecast report and to share best practice.
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NewsTackling surging costs
US President Joe Biden issued an executive order to tackle anti-competitive practices in parts of its economy. Among the broad-ranging remit, the government is tasking the Federal Maritime Commission (FMC) and the Surface Transportation Board (STB) to come up with solutions to the surging costs shippers presently face.
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NewsDrewry reports further rate rises
The Drewry Multipurpose Time Charter Index rose to USD8,339 per day in May 2021, a rise of 4.3 percent compared April 2021.
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NewsDrewry: rates still rising
The Drewry Multipurpose Time Charter Index rose to USD7,992 per day in April 2021, representing a rise of 2.5 percent compared March 2021.
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NewsDrewry and Freightender join forces
Drewry and Freightender have entered into a partnership to deliver an all-in-one procurement e-solution to medium-sized shippers.
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NewsMultipurpose shipping’s recovery still fragile
The rapid recovery in earnings for multipurpose vessels is expected to slow from the second half the year as capacity constraints and supply chain disruptions in competing sectors ease, according to Drewry’s Multipurpose Shipping Annual Review & Forecast.
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NewsDrewry reports rising rates
The Drewry Multipurpose Time Charter Index rose to USD7,795 per day in March 2021, representing a rise of almost 15 percent compared to the previous month.