Tag: Drewry

According to Drewry, the dry bulk market is poised for an upside in earnings as global and regional environmental regulations will reshape vessel supply.

Drewry expects LNG to be feasible as a marine fuel until 2035 amidst the EU Emissions Trading System (EU ETS) and the FuelEU Maritime (FEM) despite the scrutiny over its fossil footprint and methane slip. 

China has seen the strongest increase in seafarer wages across the main seafaring countries in international shipping in recent years, according to the latest Manning Annual Review and Forecast report published by global shipping consultancy Drewry.

Officer supply shortfall has reached a record high and is not expected to improve, leading to manning cost inflation, according to the latest Manning Annual Review and Forecast 2023/2024 report published by global shipping consultancy Drewry.

Drewry’s composite World Container Index decreased by 2% to $1,997.22 per 40ft container this week, according to latest data by Drewry. 

The imperative to decarbonise the global shipping industry is clear and present, however, many of the world’s largest importers and exporters are insufficiently informed about the full implications of the forthcoming new emissions regulations and the billions of dollars that will be added to freight costs in the future, says Drewry.

The ongoing conflict between Russia and Ukraine has far-reaching repercussions, says Drewry, assessing the immediate impact on the main shipping sectors.

Drewry Supply Chain Advisors launched a new Origin Management service as part of its ocean freight procurement and logistics management solutions.

Drewry Maritime Financial Research (DMFR) remains optimistic about continued high stock prices and rising profitability in the container carrier sector.

Drewry released its outlook for 2022 forecasting that higher carrier profits would drive industry sales past $500 billion for the first time in 2022.