Aug 2023: Our latest annual review and forecast for the reefer shipping market is now available to purchase and download from our online store.
Latest update: 08 May 2024
Breakbulk Podcast: Project cargo on the rise
Multipurpose shipping hit by Panama Canal and Red Sea troubles
The numbers of project carriers passing through the Panama and Suez Canals have decreased significantly in recent months.
With marine insurance being an important component of vessel operating costs, we have done a review of the latest trends in P&I and H&M as part of the assessment for Drewry’s upcoming Ship Operating Costs report.
22 Feb 2024: Reefer shipping rates rise to be temporary as excess capacity plugs gaps
The recent rise in reefer shipping rates is expected to prove short lived, as the trade adjusts to the rerouting of vessels and excess containership capacity is deployed to support longer transit times. While the subsequent re-routing of cargoes continues to add some delays and complexity in repositioning reefer equipment, this is not expected to have a long-term effect on freight rates.
These include:
Each of these sectors is characterised by very different dynamics and characteristics, requiring highly specialised understanding of these niche trades.
As a trusted, independent voice in the market, our team of specialists are regularly asked to present their research findings into market trends and future predictions for multipurpose and reefer sectors at leading industry conferences around the world.
In addition to detailed market analysis and rigorous forecasting we offer market leading analysis of the trade affecting the principle vessel categories as well as appraisal of shipping finances, including pricing, operating costs and investment returns. We challenge conventional wisdom through our deep understanding of the trade dynamics driving demand for different vessel types in all corners of the world.
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