Cost reductions are top priority for box carriers
Drewry's 2Q14 Container Forecaster highlights that there is a widening gap between the financials of carriers focused on cutting costs and the rest of the top 20 lines
Read moreDrewry's 2Q14 Container Forecaster highlights that there is a widening gap between the financials of carriers focused on cutting costs and the rest of the top 20 lines
Read moreHigh cube 40ft containers are stealing a march on traditional 40ft equipment and by the end of 2013 represented just short of 50% of the maritime container fleet
Read moreThe recent surge in VLGC freight rates will not be sustained given the current size of the order book, according to Drewry's recently published LPG Forecaster
Read moreThe current shortage of officer corps seafarers is forecast to worsen and risks impacting carrier profitability according to Drewry's recently published Manning 2014 Annual Report
Read moreMore shippers are benchmarking their container shipping costs to ensure that they secure the most favourable freight rates possible.
Read moreDrewry's latest Multipurpose Shipping Market Review and Forecaster report anticipates better times ahead for the sector following a tough 2013
Read moreMaersk Line remains the most reliable carrier amid ship reliability being at a nine-quarter low across the industry, according to the Carrier Performance Insight published by Drewry for Q4.
Read moreLiner shipping is becoming less and less reliable as operators ignore service standards in the rush to cut costs. The bad news for shippers is that the situation is only going to get worse, according to Drewry's newly published Carrier Performance Insight report.
Read moreDrewry Maritime Research's latest Ship Operating Costs Annual Review and Forecast report highlights that 2013 was another difficult year most ship operators and with weak freight earnings there was pressure to keep any increase in ship operating costs to a minimum.
Read moreDrewry Maritime's 4Q13 Container Forecaster report highlights that freight rates are now largely determined by carrier behaviour. Furthermore, industry profitability has little to do with carrying more boxes since freight rates remain historically weak. Profitability is driven by cost cutting which is also bolstered by the continued sale of non-core assets.
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