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DREWRY MARITIME RESEARCH
The gradual return of ships to the Red Sea hits a key milestoneLeading container line A.P. Moller-Maersk is resuming regular services through the Suez Canal, signaling increased confidence in the safety...- Trump, Xi agree to pause dueling port fees that disrupted tradeAmerica and China have agreed to halt escalating fees on each other's ships. This pause lasts for one year and impacts billions in annual f...
- Shipping bottlenecks in Europe send a warning signal to US, AsiaLabour shortages and low water levels on the Rhine River are contributing factors. US-China trade tensions are also impacting shipping.
- World’s trade superhighway feels strain from US-China decouplingUncertainty surrounding US trade policies further complicates matters, impacting dry-bulk and tanker operators as well.
- Pakistan’s airspace block unlikely to rattle India’s cargo routesIndia is assessing the impact of Pakistan’s airspace closure on air cargo, though exporters say disruption will be limited as most goods mo...
- Container shipping rates snap weeks of gains as restock rally fades, snarls easeThe Drewry World Container Index composite of eight major trade lanes dropped 2.2% to $5,806 for a 40-foot unit, snapping a 12-week-long ad...
- Shipping companies are on a spending spreeMajor shipping firms are spending record profits on new models mostly from shipyards of Korea and China.
- World’s idled container ships signal bet on China recoveryA slowdown in consumer demand — driven by weaker economic growth and higher inflation — is translating into fewer vessels needed for shippi...
- Shipping-cost drop a ‘smoking gun’ foretelling inflation to coolThe cost of shipping a container from Asia to the US peaked at $8,585 in March last year and has since plummeted to $1,200 — the lowest sin...
- The US supply chain crisis is already easingFor all the doomsday warnings about the knock-on effects of the logjams on corporate earnings, companies generally seem to be managing fine...
- Container shipping earnings now rival Apple. It’s not a good lookThe container lines for years made meager returns after splurging on big ships which led to overcapacity.
- A summer of sold-out ships awaits as sea cargo chaos intensifiesAny hope for a return to more normal conditions this year was quashed with the beaching of the Ever Given that stalled traffic through the ...
- Exporters are taking unusual steps to ease container shortageAmong other things, Container Corp is moving containers to neighbouring countries such as Sri Lanka and Bangladesh to help ease the shortag...
- Global cargo traffic jam could last into 2022, freight CEO warnsThe crunch developed as people who were barred by the Covid-19 pandemic from going to movies, concerts and restaurants spent their money on...
- Maritime consultancy Drewry says breakbulk shipping market is expected to remain weakA report put out by the consultancy stated that although demand growth is expected to recover next year after a very poor 2015.
- Proposed grand shipping alliance fires up debatesLast week, shipowners in China have voiced anticompetition concerns in the wake of the proposed alliance, to be known as P3.
- Essar Ports, Adani Ports vie for eastern coast projectsEssar Ports and Adani Ports and Special Economic Zone — have been vying to take control of port projects on the east coast.
- Fall in Baltic Dry Index raises concerns among shipping companiesBaltic Dry Index plunged to its lowest level after it touched 647 pts, nearly 20 pts lower than the previous low of 663 recorded during 200...
- International Maritime Organisation's new emission norms to hurt shipping companiesIndian shipping companies, reeling under low freight rates and high fuel prices, will face further cost pressure due to new emission norms
- Demand for port capacity to outpace expansion: Drewry Maritime ResearchCompanies are mounting challenges to enter the big league based on strong cash positions. Incumbent operators need to be ready to face comp...
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