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Posts tagged with "Container shipping outlook"

Container growth slows to 1.2% in Jan-July as trade balance worsens for carriers

Container growth slows to 1.2% in Jan-July as trade balance worsens for carriers

Sep. 20 | Global growth in container volumes went up slightly in the second quarter of the year, but so far remains below normal industry levels as the trade war makes itself felt, according to a new market analysis by the Baltic and International Maritime Council...

Drewry revises port traffic forecast, citing ‘existential fears’

Drewry revises port traffic forecast, citing ‘existential fears’

Jul. 8 | Global shipping consultancy Drewry has downgraded its forecast for global port throughput growth in 2019 to 3.0%, totaling 806 million TEUs, from its previous prediction of 3.9%. In its recently published “Container Forecaster,” Drewry said the downgrade...

Drewry: Uncertainty for container shipping highest in decade

Drewry: Uncertainty for container shipping highest in decade

Apr. 16 | The container shipping industry is facing an exceptionally high level of uncertainty, ranging from the extra cost associated with IMO 2020 and how much carriers will recover from shippers, to the possibility of a trade recession and unknown future engagement...

Weaker demand on main trade lanes in 2019—Bimco

Weaker demand on main trade lanes in 2019—Bimco

Feb. 19 | A tough year awaits the container shipping market in 2019, as the long-haul mainlane trades are expected to see lower demand and face several pitfalls in the coming months, according to the Baltic and International Maritime Council (Bimco). Trade tensions...

Box volume up 4% in Sep but demand slowdown unabated

Box volume up 4% in Sep but demand slowdown unabated

Dec. 3 | In September, some 13.7 million twenty-foot equivalent units (TEUs) were shipped globally, bringing the full-year total up to 125.2 million TEUs, an improvement of 4% for both the month (year-on-year) and year-to-date. But the Baltic and International...

Mixed outlook for box carriers amid a challenging 2018—report

Mixed outlook for box carriers amid a challenging 2018—report

Apr. 11 | Although the container shipping industry enjoyed modest improvement in 2017, it still needs to address the dual challenges of rising costs and oversupply—driven mostly by fleet expansion—to keep the momentum going, according to a new report by AlixPartners. “The...

Shipping outlook positive but not risk-free—report

Shipping outlook positive but not risk-free—report

Feb. 27 | Most shipping markets including container shipping are forecast a positive outlook for 2018, but the complex and nuanced trading conditions ahead can quickly derail the recovery, according to research and consultancy firm Maritime Strategies International...

Report cautious on growth of box shipping rates in 2018

Report cautious on growth of box shipping rates in 2018

Feb. 14 | The global container shipping industry will see demand outstrip supply in 2018 for the first time in years, but with container liners’ unpredictable supply discipline, the segment is forecast to see flat to slightly negative growth in freight rates,...

Fitch: Overcapacity threatens shipping recovery in 2018

Fitch: Overcapacity threatens shipping recovery in 2018

Dec. 8 | International credit rating agency Fitch Ratings said its sector outlook for global shipping remains negative as the agency does not expect a material improvement in market fundamentals in 2018 due to lingering overcapacity. It noted that both container...

Liners’ revenue likely down 18% in first half, Drewry says

Liners’ revenue likely down 18% in first half, Drewry says

Aug. 15 | First-half 2016 financial results from a handful of major carriers indicate that revenue is down by 18% on average, and this may foreshadow a full-year revenue shrinkage by about US$29 billion against 2015, according to a new analysis by Drewry. This...