Drewry is now predicting that world container port throughput will increase by 3. The current year forecast represents a downgrade of 0. Drewry Technical Paper: Liner shipping in and a view to The report also highlighted the risk of further protectionist policies on the container market with the threat of extra duties being imposed by the US on cars and components shipped from Europe , which are a major commodity bloc for the containerised transportation industry. In summary, for , Drewry is forecasting faster demand growth than in , a slight increase of overcapacity, higher rates including bunkers than in and a small reduction in already low annual carrier profits. AIS Portal Advertising.

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The Container Forecaster is our flagship quarterly analysis and outlook for the container shipping market. This long-standing product is highly respected in the market and is widely considered as the go-to reference for what is happening now and what will happen in the future of the global container industry. Helmed by a team with decades of experience the Container Forecaster provides unparalleled insight, data and forecasts for container trade and regional port volumes.

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Container Shipping market outlook remains soft

Container industry revenues are contracting faster than carriers can cut costs. The first-half financial results that have been published so far from a handful of major carriers paint a very depressing picture for the industry. While the shipping industry struggles through a historic downturn, ship scrapping business is seeing accelerating demand, reports WSJ. The global economic slowdown is putting shipping through its most bruising period since the financial crisis. In the five years to last year, owners ordered an average of ships annually. More containership capacity is being demolished than ever before, including old-design ships made redundant by the new Panama Canal. Drewry checks if this end the current capacity surplus?


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The container industry is facing more challenging headwinds with gloomier economic outlooks and rising protectionism adding another level of unpredictability to the market. Our Container Market Annual Review and Forecast provides the accuracy, detailed insight and industry knowledge required at such a time. Key areas covered:. Drewry continues to enhance the analysis provided, with relevant forecasts through to This report is also available as part of the Container Forecaster set of reports. This annual review and forecast is the 3rd quarter edition of the Container Forecaster annual subscription - released on a quarterly basis. Contact Us.


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Drewry has a less optimistic forecast for 2020

Quarterly 5 year forecasts and market updates for the global Dry Bulk Shipping market. An executive summary looks at the current state of the market, and provides topical analysis on the major trends and events in the last quarter. A chapter is then devoted to the global Dry Bulk fleet, presenting analysis on inactivity, employment and an insight into the state of the global bulk carrier fleet. Contact Us. Free Resources. Coronavirus Hub.

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