Drewry Shipping Consultants Ltd

Our Global Container Port Throughput Index increased 3.3% MoM in June 2024, reaching 118.5 points, 5.5% higher YoY. The rolling 12-month average growth rate for global port handling also rose to 4.4% in June. According to Drewry’s Nowcast model, which takes into account the capacity and duration of container vessel calls at over 190 ports, the Global Port Throughput Index is anticipated to have fallen 4.1% MoM in July to 113.7 points. Read the detailed assessment and regional analysis at https://lnkd.in/g5BeUzx Our nowcasting model uses vessel capacity and terminal duration data (derived from our proprietary AIS model) to make short-term predictions of port throughput. Related Drewry Research covering the Ports/Terminals Sector: For access to port traffic data behind these Port Throughput Indices, along with the latest port call and port performance analytics, subscribe to Drewry’s Ports and Terminals Insight. This is a quarterly report (PDF) covering the latest developments in the container ports and terminals market, is now accompanied by a new monthly report (PDF) providing regular port congestion and performance monitoring (powered by Drewry AIS analytics). It looks behind the data and topical issues to answer both the ‘cause’ and ‘effect’ questions that matter most to senior industry stakeholders. Find out more at https://lnkd.in/e4twy-Gz #Drewry #MaritimeResearch #Ports #Terminals #TerminalOperators #ContainerShipping #GlobalTrade #Logistics #SupplyChains

27 Aug Logistics Executive Briefing: Our ocean procurement and bid experts highlight key areas shippers/BCOs should pay close attention to as they prepare for the new tender season. Read the update at https://lnkd.in/dWpeS-M Please take a moment to register and login to access this briefing. Custom bid support solutions from Drewry: Our ocean freight cost benchmarking and procurement team is staffed by seasoned industry experts with the tools, expertise and insights to help minimise risk and guide you through this year’s tender season. Drawing on our extensive resources, market knowledge and understanding of best practices, we're able to provide international shippers/BCOs with robust and practical recommendations at each stage of the service provider selection and management process from bid preparation and management to capacity commitments and contract terms. To find out more, email the team at supplychains@drewry.co.uk #Drewry #SupplyChains #OceanFreight #FreightRates #ContainerShipping #Containers #LogisticsManagement #Logistics #Transportation #Procurement #BidSeason #Tenders

Lloyd’s List deputy editor Linton Nightingale spoke to Drewry senior ports and terminals analyst Eleanor Hadland to look back on how the container port sector fared last year and how it has kicked off 2024. Listen in at: https://lnkd.in/e34uZ45z

Philip Damas discusses potential East Coast port strikes https://lnkd.in/eZpn82Ub

2024 is the year of the dry freight container, Drewry says https://lnkd.in/ei-WWipn

It was a pleasure to speak and moderate a panel of illustrious industry experts at BigMint (formerly SteelMint/CoalMint) and to interact with some-700 attendees at the event. Thank you all for your patience in listening to views from Drewry Shipping Consultants Ltd

Drewry's World Container Index decreased 2% to $5,319 per 40ft container this week and has increased 201% when compared with the same week last year. Scroll through the PDF image below to see freight rate development over recent months, between Shanghai and Rotterdam, Los Angeles, Genoa and New York. View our detailed assessment at: https://lnkd.in/dpdcKm7 #Drewry #WorldContainerIndex #containers #shipping #SupplyChains #logistics #OceanFreightRates #transportation

Drewry expects 2024 to be the second highest year on record for dry freight container manufacturing, driven by the all-time high quarterly production in 2Q24, followed by July’s output of dry freight and reefer containers exceeding 850,000 teu from factories in China. Manufacturers are reporting full orderbooks until mid-October. Read more at: https://lnkd.in/ef_Tgyde #containers #containerequipment #containerfleet #shipping

Join Ferenc Pasztor and other industry experts at Fastmarkets Transport Symposium 2024 to hear the latest developments in the pulp, paper and packaging industries.

For the week ending 16 August, all Drewry Indices showed an increase. Crude and Port Indices were top performers, increasing by 4.8% and 4.5% respectively. The Crude Equity Index grew due to increased spot charter rates for VLCC vessels. LPG, Dry Bulk and Container rose 3.3%, 2.6% and 2.2% respectively. For more detailed commentary on sector-specific indices, read more at: https://lnkd.in/eJFNetbr #shipping #equity #maritimestocks