Tag: Drewry

Drewry has forecasted a 1% decline in global container port volume, attributing the drop to U.S. trade policies and tariffs. 

Drewry presents insights regarding the growing risks for steam turbine carriers, including rising environmental scrutiny, low rates, and accelerated scrapping, all threatening their economic viability.

The global LNG market is at a critical point, with geopolitical tensions bringing new factors into established trade patterns.

According to Drewry, Mediterranean Shipping Company (MSC) is set to top Drewry’s Global Terminal Operator (GTO) league table.  

According to Drewry, the demand for steel and aluminium products has surged ahead of the U.S. tariffs, starting 12 March.

Drewry says China’s evolving grain import strategy reflects its increasing focus on domestic production reshaping the global grain trade.

The Drewry World Container Index (WCI) composite index decreased 10% to $2,795 per 40ft container, 73% below the previous pandemic peak of $10,377 in September 2021 and lowest since May 2024.

Drewry examines the impact of the ongoing ceasefire between Israel and Hamas on the resumption of ship transits through the Suez Canal, examining the implications for LNG shipping.

According to Drewry, container rates from East Asia and China to the US dropped this week as carriers reduced rates to boost pre LNY demand.

Drewry expects LNG shipping to normalise further in 2025 as fleet growth continues to outpace liquefaction build-up, preventing any recovery in rates.