Industry debate on future fuels continues to evolve, from the visionary to the practical. There are calls to consider and understand the potential consequences of the relatively minor role that shipping plays in the global industrial hierarchy for acce…
In our base scenario, we expect cargo demand to grow by 2.5-3.5% in 2023, 0.5-1.5% in 2024 and 1-2% in 2025. Average haul could increase by between 0.5% and 1.5% in 2023 and between 0% and 1% in both 2024 and 2025. From 2024 onwards, there may be a dec…
Dry Bulk Market: Muted fleet growth helps maintain market balance Read More »
The dynamics of the freight market at the end of November fueled market participants’ expectations of an upturn in the final month of the year, with the Panamax ship size continuing to gain significant strength compared to the smaller vessel cate…
Drewry expects the global pool of shipping containers to contract in both 2023 and 2024. While stubbornly high levels of inflation in many countries is depressing demand, increasing geopolitical instability is affecting investor sentiment, with both fa…
Global pool of shipping containers to post two consecutive years of decline Read More »
The findings are based on a survey of respondents from across the maritime sector and conducted in association with 15 shipping organisations, spanning ship owners and managers, classification, technology, ports and marine services. With over 2,500 res…