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US Election: Special Update
Simon Heaney, Senior Manager of Container Shipping, offers a concise analysis of how each candidate’s political and economic priorities could influence dynamics across the global container shipping market.
03 Oct 24: The 3Q24 Edition of Multipurpose Shipping Forecaster, incorporating new Breakbulk Sea Transport Indices for project and general cargo has been published.
The leading independent voice in the market. Since 1970, senior stakeholders in shipping, maritime finance and logistics have relied on our robust analysis, balanced opinion and market forecasts.
Whether to support business planning or investment decisions, complete commercial or technical due diligence, we bring know-how, rigour and objectivity to our opinions and recommendations.
We help some of the world's largest retailers and manufacturers benchmark their ocean freight costs and improve their ocean freight tender processes by combining robust market intelligence with powerful procurement technologies and proven best practices.
Our investment and financial research team is staffed by industry specialists, providing a truly independent financial and investment research service on companies in the maritime and shipping industry.
Our investment and financial research team is staffed by industry specialists, providing a financial and investment research service on listed companies in the maritime and shipping industry.
28 Oct 24: Simon Heaney, Senior Manager of Container Shipping, offers a concise analysis of how each candidate’s political and economic priorities could influence dynamics within the global container shipping market.
Across Transpacific, Transatlantic and Asia-North Europe & Med, 64 cancelled sailings have been announced between week 44 (21 Oct-27 Oct) and week 48 (18 Nov-24 Nov), out of a total of 693 scheduled sailings, representing 9% cancellation rate.
24 Oct 2024: The dry bulk freight market is expected to become increasingly fragmented as decarbonisation regulations tighten and capex increases. Shifts in supply trends have been significant, driven by global and regional environmental policies that are altering vessel movements.
For the week ending 18 October, most of the Drewry Equity Indices declined except Container Shipping Index, which rose 3.5% driven by the expectation of strong 3Q24 results.
Container Freight Rate Insight (CFRI) provides ocean spot market freight rate intelligence against 790 port pairs, all updated monthly. CFRI is a popular reference for index-linked contracts and includes a monthly insight PDF report. (Annual subscription)
Subscribers to our Container Freight Rate Insight (CFRI) service can now request monthly/bi-monthly spot rate forecasts against their priority port pairs (price on application). Email supplychains@drewry.co.uk to find out more.
Benchmarking Club (S-BMC) is exclusive to shippers/BCOs. Members benefit from container contract rates, spot market rates, freight rate forecasts, indices, comprehensive market assessments and industry best practices. (Annual subscription)
CFRI was the first global source of container spot market freight rates on all the major routes and remains a trusted reference for importers, exporters, freight forwarders and other industry stakeholders requiring up-to-date and independently researched container shipping cost benchmarks.
Widely regarded as the go-to reference for the global container industry, this product provides comprehensive market forecasts and analysis for container trade and port volumes, global supply and demand, trade route analysis and much more. All quarterly report updates are accompanied by tables, charts and graphs in MS Excel. Q3 Edition is also the Annual Review.
How do your container shipping costs compare with your peers...? Members of our Benchmarking Club (S-BMC) can confidentially benchmark their contract shipping costs against their peers based on genuine, shipper-only, buy rate comparisons. Club members also have access to our spot rate service, Container Freight Rate Insight (CFRI).
The Ports and Terminal Insight is a quarterly report (PDF) covering the latest developments in the container ports and terminals market. It looks behind the data and topical issues to answer both the ‘cause’ and ‘effect’ questions that matter most to senior industry stakeholders. Quarterly reports are now accompanied by monthly supplements providing a detailed picture of regional port throughput and efficiency (powered by Drewry AIS).
03 Oct 24: Drewry has introduced new Breakbulk Sea Transport Indices for both Project and General Cargo vessel segments, replacing the previous Multipurpose (MPV) Time Charter Index.
01 Oct 24: Drewry’s new Airfreight Insight confirms airfreight’s growing popularity among international shippers as cost and congestion issues continue to impede ocean transport.
17 Sep 24: Average spot rates on most Intra-Asia container trade lanes weakened again in the first two weeks of September, according to Drewry’s new Intra-Asia Container Index (IACI), launched today.
12 Aug 24: While the total number of global terminal operators (GTOs) featuring in the Drewry league tables remained unchanged at 21 in 2023, the composition has changed significantly. The league tables are a central feature in the latest edition of Drewry’s Global Container Terminal Operators Annual Review and Forecast.
Tom Crabtree will attend this year’s Air Cargo Forum in Miami. Connect with Tom to learn more about our new Airfreight Insight service at crabtree@drewry.co.uk
Arjun Batra will be a panellist in the session "Global Risks & Future of Shipping", hosted by the Institute of Chartered Shipbrokers (Hong Kong Branch) and The Nautical Institute (Hong Kong Branch).
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