Ocean cargo concerns
The Container Forecaster (formerly the Drewry Container Market Quarterly) aims to provide liner shipping participants, investors and observers with a comprehensive analysis and forecast of both global demand and supply.
in the NewsCorrugated recovered for recycling hits all-time high of 93% in 2015 Expanded Panama Canal open for business but questions linger on its ability to be a game changer Brexit impact yet to be measured by U.S. logistics managers Behind KION Group’s acquisition of Dematic UniCarriers Americas executives partner with Roosevelt University More News
While shippers may be heartened to hear that fewer ocean cargo vessels are being scrapped, and newbuildings are ramping up, some analysts are beginning to doubt if demand will sustain growth.
The good news released recently by Alphaliner about more carrier activity has been countered by Drewry Shipping Consultants’ latest Container Forecaster, which posits the idea that a “peak season” may fail to materialize.
“By no means do we see a precipitous fall, but there will be an impact,” said Neil Dekker, editor of the quarterly Container Forecaster. “The danger of a weaker recovery has been concealed by the fact that ocean carriers believe they have entered a real recovery phase.”
Furthermore, warns Dekker, there is every possibility that utilization factors will decline, “which in turn will have a knock-on effect on freight rates.”Logistics Management July 12, 2010
About the AuthorPatrick Burnson Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
WMS Update: What do we need to run a WMS? Supply Chain Software Convergence: Synchronization Realized View More From this Issue