Friday, June 20, 2025
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Tag: Drewry

Port congestion shows strain on chaotic container market

Port congestion, particularly in northern Europe, is raising concerns of increasing delays and rising port charges as ports struggle to handle an increase in...

US port fees could force COSCO out of Transpacific market

The US Trade Representative's (USTR's) implementation of port fees on Chinese ship operators and Chinese-built ships could price companies like COSCO Shipping Lines and...

Trump’s market distortions will skew demolition market

Uncertainty and market defamation are the hallmarks of Donald Trump’s tariff and port fee policies, but with a growing over-capacity challenge, the distortion may...

US policy set to reconfigure global trading patterns

An analysis of the current US trade policy is pointing to major upheavals of supply chains as shippers look for alternative solutions to minimise...

Industry struggles to navigate volatile market

An active and constantly changing market is proving tough for the industry to navigate as rates slide further and utilisation is falling, though month-on-month...

Geopolitics, tariffs and war result in rates bloodbath

A rates bloodbath is shaping up as fundamentals in supply and demand finally overwhelm the black swan events that have seen shipping lines bank...

US Tariffs on China-Built Boxships Poised to Disrupt Supply Chains and Exacerbate US Port Congestion

Amid growing concerns from shipping analysts, the Trump Administration's proposed tariffs on China-built container ships are anticipated to significantly disrupt supply chains both in...

Drewry tests new year quotes as tariff impositions and GRIs spell the way forward

The Drewry World Container Index (WCI) registered a 6% weekly fall (over 15% for the fortnight) recording US$2,629, its lowest since the 60% jump...

Drewry survey indicates optimism for Red Sea shipping

Amidst the recent developments concerning shipping activity through the Red Sea, a new industry survey conducted by maritime consultancy Drewry highlights cautious optimism within...

Intra-Asia rates peak ahead of Christmas

Intra-Asia freight rates have reached new year-to-date highs, powered by double-digit growth in China-Southeast Asia trade. Drewry's Intra-Asia Container Index showed that freight rates are...
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SeaBot Maritime and Hefring Marine forge strategic partnership

SeaBot Maritime has signed a Memorandum of Understanding with Iceland-based maritime technology innovator Hefring Marine. This strategic partnership aims to integrate Hefring’s Intelligent Marine Assistance...

IMO, ILO, ICS and ITF unite to protect seafarers from criminalization

Global maritime leaders have renewed their commitment to fair treatment and due process for seafarers, calling for coordinated action to safeguard crews who are...

LX Pantos breaks ground on mega-scale new Port Eco logistics center in Busan

LX Pantos has begun construction of the New Port Eco Logistics Center within the West Container Terminal’s hinterland at Busan New Port. Scheduled for completion...

Swire Shipping announces general rate increase

Swire Shipping announces a general rate increase due to ongoing increases in operational costs, regional port congestion, and rising cargo demand. This will be applied...
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