Topic: Forecast

Shipping will be at the forefront of recovery, says UNCTAD

Global maritime transport is expected to drop by 4.1% this year as a result of the coronavirus, reports UNCTAD. However, the organisation expects maritime trade growth to bounce back in 2021 and increase by 4.8%,...Read more

19-11-2020|Comment|author: Tobias Pieffers

MPV-market expected to grow by 2% despite weakened economy

The fragile global economy has weakened the outlook for the multipurpose shipping industry but despite the challenges and uncertainties, the market is still expected to grow by 2% annually until the end of 2021, forecasts...Read more

13-11-2019|Comment|author: Tobias Pieffers

Heavylift shipping outlook hurt by slowing world trade

Rising project cargo traffic will strengthen freight rates for the multipurpose and heavylift shipping sector throughout 2019, but prospects thereafter are muted by an anticipated slowdown in world trade, says Drewry Maritime Research. Although the uncertainty...Read more

16-04-2019|Comment|author: Tobias Pieffers