Reefer container freight rates have risen sharply this year but remain far outgunned by the inexorable rise in dry box pricing, according to Drewry’s newly launched Reefer Shipping Forecaster report.
By monitoring the end-of-week Ship Waiting Time Tracker for the just-ended week, shippers, forwarders, carriers and other stakeholders will be able to anticipate potential delays at the port of arrival and to monitor the trend away from or back to normal levels and compared with the previous weeks.
Online technology platforms where shipping lines and their customers can negotiate forward contracts could help improve vessel utilisation levels and reduce freight rate volatility,...
Car carrier shipping is expected to continue its slow recovery, supported by improving utilisation and minimal vessel ordering.
However, costs are rising while the trade...
Reefer container equipment availability will remain tight over the next few years which will impact shipping capacity supply and freight rates at seasonal peaks,...
Smart devices have the potential to radically transform the utility and value of shipping container equipment assets, according to Drewry’s latest Container Census &...
Major lines have sated their appetite for ultra large container vessels, with UK consultants Drewry slashing its projected boxship order forecasts from 2020 onwards.
According to a survey conducted by Drewry, there is a significant concern among global shippers/BCOs and freight forwarders ahead of the IMO’s 2020 global emissions regulations
