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: 15 May 2024
Strong Southern Hemisphere harvests drive reefer shipping growth
After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as healthy crops in the Southern Hemisphere have helped to lift growth. This trend is set to continue across 2024 as a whole, with a return to growth forecast for the sector after two years of declines.
08 May 2024: Breakbulk Podcast: Project cargo on the rise
29 Apr 2024: 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.
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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