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drewry-shipping-consultants

Drewry: Rate Volatility from Iran ‘Manageable’

Shippers should not overreact to recent increases in ocean freight rates linked to the Iran conflict, as current volatility remains below levels seen during the Covid-19 pandemic, according to Drewry Shipping Consultants. Data from Drewry’s Container Freight Rate Insight shows that spot rates on major east-west and north-south trades have risen in recent weeks but are still less volatile and lower than peaks recorded during global supply chain disruptions in 2020. “Unlike ... [+]

2024 Container Traffic to Top 2021 record, CTS

           Only a month before the book is closed, container traffic is expected to top a record set in 2021, according to data from Container Trades Statistics Ltd.             CTS reports that global loaded volumes increased 5.3 percent year-over-year in November, hitting 15.6 million TEUs. That was the same annual growth ... [+]

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