All Drewry articles – Page 3
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News
Favourable conditions spur on charter rates
Drewry’s multipurpose time charter index indicates that rates have increased to USD6,800 per day in February – a rise of 4.2 percent compared to the previous month.
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Rates continue on their upward trajectory
The Drewry Multipurpose Time Charter Index increased to USD6,530 per day in January, representing a rise of 3.8 percent compared to the previous month.
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Drewry forecasts rising rates
The Drewry Multipurpose Time Charter Index increased to USD6,289 per day in December 2020, representing a rise of 3.5 percent compared to the previous month.
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Drewry reports rising rates
The Drewry Multipurpose Time Charter Index increased to USD6,134 per day in November 2020, representing a rise of 2.8 percent compared to the previous month.
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Drewry introduces multipurpose time charter index
Maritime analyst Drewry has launched its multipurpose time charter index. The index tracks one-year charter rates across a variety of breakbulk and project cargo ships.
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Multipurpose outlook improves slightly
With a current orderbook of 63 vessels, there is little appetite for investment from the multipurpose shipping sector – a trend that has been ongoing for some time and is unlikely to change in the near future.
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Drewry: rates unlikely to recover until late 2021
Industry analyst Drewry reports that charter rates for multipurpose ships, including breakbulk and heavy lift vessels, are unlikely to recover back to pre-Covid-19 levels until the end of 2021. Any recovery would take even longer if the global pandemic is not contained.
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CLECAT joins bunker pricing initiative
The European association for forwarding, transport, logistics and Customs services, CLECAT, has joined an industry initiative that promotes the voluntary use of a bunker adjustment factor (BAF) price indexing method.
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Drewry and CLECAT promote forwarder benchmarking tool
Maritime consultancy Drewry and the European association for forwarding, transport, logistics and Customs services, CLECAT, have entered into a collaborative agreement to promote Drewry’s forwarder benchmarking club.
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Falling charter rates for multipurpose shipping
Time charter rates in the multipurpose shipping sector have dropped even further over the last month, according to shipbroker Toepfer Transport.
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Multipurpose shipping braces for Covid-19 impact
Demand growth in the multipurpose and heavy lift shipping sector for the two years to end 2021 is dependent on the containment of the coronavirus outbreak in the fourth quarter of the year. Even then, growth will be weak, said analyst Drewry.
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Covid-19 shakes up Sulphur 2020
The rapid spread of Covid-19 has had a multi-faceted impact on global shipping. HLPFI takes a look at how the outbreak has caused shockwaves in bunker prices and what this means for the implementation of the sulphur 2020 regulations.
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Charter rates drop in multipurpose shipping
Time charter rates in the multipurpose shipping sector have dropped over the last month, according to shipbroker Toepfer Transport.
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Covid-19 outbreak restricts multipurpose recovery
The coronavirus (Covid-19) outbreak is expected to lead to weaker than expected full-year cargo demand growth for multipurpose and heavy lift vessels, according to Drewry.
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Charter rates remain steady
Time charter rates in the multipurpose shipping sector have remained steady over the last month, according to shipbroker Toepfer Transport.
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Charter rates fall in January
Time charter rates in the multipurpose shipping sector have dropped over the last month, according to shipbroker Toepfer Transport.
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Brighter signs for multipurpose shipping
The outlook for multipurpose shipping, comprising both breakbulk and heavy lift vessels, is brightening despite rising geopolitical risks and economic uncertainty, according to maritime consultancy Drewry.
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Drewry adds fuel advisory and management services
Drewry Supply Chain Advisors has launched a range of fuel advisory and management services designed for shippers and forwarders.
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Charter rates on an upward trajectory
Time charter rates in the multipurpose shipping sector have increased slightly over the last month, according to the latest data from shipbroker Toepfer Transport.
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Economic outlook threatens recovery
The global economic outlook is one of the biggest risks to the recovery of the multipurpose shipping sector, according to maritime consultancy Drewry.