Container contracting must change, Drewry tells BCOs

Drewry: Dry freight container manufacturing is set to achieve the second highest volume ever recorded.

The seven largest global terminal operators now handle over 40% of global port throughput on an equity-adjusted basis, says Drewry.

The re-routing of mainline vessels via the Cape of Good Hope has led to a significant downturn in vessel call capacity at East and Central Mediterranean hub ports.

WorldCargo News had an insightful conversation with Captain Hemant Gupta, Principal Consultant at Drewry Maritime Advisors, and leader of the ESG advisory team, shedding light on the potential impact of automated ships on port operations and handling equipment.

The Port of Colombo is experiencing a notable surge in transshipment volumes amid heightened cargo flows to and from the Middle East due to disruptions caused by the Red Sea crisis.

Drewry has underscored the continued robustness of merger and acquisition (M&A) activity within the port and terminal sector, with three potential deals emerging as focal points of industry attention.