Drewry revises port traffic forecast, citing ‘existential fears’
Global shipping consultancy Drewry has downgraded its forecast for global port throughput growth in 2019 to 3.0%, totaling 806 million TEUs, from its previous…
Drewry: Uncertainty for container shipping highest in decade
The container shipping industry is facing an exceptionally high level of uncertainty, ranging from the extra cost associated with IMO 2020 and how much…
Box volume up 4% in Sep but demand slowdown unabated
In September, some 13.7 million twenty-foot equivalent units (TEUs) were shipped globally, bringing the full-year total up to 125.2 million TEUs, an improvement of…
Mixed outlook for box carriers amid a challenging 2018—report
Although the container shipping industry enjoyed modest improvement in 2017, it still needs to address the dual challenges of rising costs and oversupply—driven mostly…
Shipping outlook positive but not risk-free—report
Most shipping markets including container shipping are forecast a positive outlook for 2018, but the complex and nuanced trading conditions ahead can quickly derail…
Report cautious on growth of box shipping rates in 2018
The global container shipping industry will see demand outstrip supply in 2018 for the first time in years, but with container liners’ unpredictable supply…
Fitch: Overcapacity threatens shipping recovery in 2018
International credit rating agency Fitch Ratings said its sector outlook for global shipping remains negative as the agency does not expect a material improvement…
