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…

Shipping could reach tipping point by second half, Drewry warns

The container shipping industry may be forced to make drastic changes by the second semester of 2016 as all its strategies to bolster freight…

Drewry reverses forecast: container shipping now lucky to break even

A toxic mixture of overcapacity, weak demand, and a fierce price war is threatening the profitability of the liner shipping industry for the rest…