Putin’s war causes only a ripple in container shipping – so far

Russia’s invasion of Ukraine has had only a small effect on the container shipping market, although that could change quickly, says analyst Drewry. Shipping will avoid the Black Sea for the foreseeable future and the Ukraine port of Odessa was closed shortly after the invasion but only three major inter-continental services called there, “so disruption to international liner networks will not be catastrophic”. The affected services are the Ocean Alliance’s Asia-Med route ... [+]

Drewry sees slowdown in port growth

Container port expansion will contract at least 40% over the next five years in the wake of the Covid crisis and slowdown in port throughput, warns consultancy Drewry. In its latest Global Container Terminal Operators Annual Review and Forecast it says that global terminal capacity is projected to grow at an ... [+]

Dover can take it – probably

The Port of Dover has the resilience to cope with moderate disruption after Brexit and there is enough short sea capacity to absorb significant overflow at the port in the event of capacity constraints, according to an independent study by Drewry. The shipping consultancy says that despite all the political ... [+]

Trade wars – the worst could be yet to come, says Drewry

Shipping consultants Drewry said in a report published on 4 July that the risk to container shipping from US-led trade wars, while currently low, was “potentially very damaging”. In its Container Forecaster, Drewry said: “In the March report we said that we were hopeful of a peaceful resolution, but at this ... [+]

Ocean shippers can’t get no satisfaction

Customers are becoming more dissatisfied with the service quality provided by their ocean carriers, according to a joint survey published by the European Shippers Council and analysts Drewry, published on 28 June. They said in their second annual shipper satisfaction survey that the service provided by container shipping lines has deteriorated ... [+]

Small shippers set to gain big firm freight rates

Drewry and Chainalytics, consultants in shipping and supply chain respectively, are launching an ocean freight procurement solution for shippers. The Chainalytics Ocean Buying Group, in partnership with Drewry, will allow medium and small scale importers and exporters to collaboratively achieve “big shipper” rates and terms direct with ocean carriers and ... [+]

Drewry sees red lines ahead

Global shipping consultancy Drewry says that “a toxic mixture” of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to its latest Container Forecaster. While earlier this year Drewry forecast that container carriers would collectively generate profits of up to $8 ... [+]

Drewry signs freight rate deal

Transport and freight consultant Drewry has signed a deal with forwarder network WACO-System to introduce what is claimed  the first independent multi-trade air cargo freight rate benchmarks. Drewry will broaden the information in its existing Freight Shipper Insight report, adding to the ex-Shanghai air freight rates which it has been providing ... [+]

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