Drewry paints positive outlook for ocean freight rates
Spot and contract rates are on course to rise by a combined 7% in 2019, as the modest recovery continues, says Drewry. With carriers expected to keep a lid on supply additions, whether through demolitions, slippages or slow steaming, they should will be able to raise rates even amid slower demand growth
Drewry says, however, that rate sentiment could soon be dampened if the US-China trade war takes a turn for the worse
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
E: subscription.enquiry@lloydslist.com
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Request Demo