Drewry: Shippers call off peak season in 2016

The hopes that an approaching peak season from July and three months forward will ease the pain of another miserable year in the container sector look set to be canceled in a new survey taken among major shippers.

Photo: Hapag-Lloyd

The container shipowners' hopes that a third quarter and the typical annual peak season could ease the pain in an otherwise depressed 2016 does not garner much support in a new survey among their customers, the shippers, conducted by analyst agency Drewry.

51 percent of the shippers, which answered the survey, expect to ship the same freight volumes in the third quarter as last year, which was weak, while 35 percent expect less freight. Just 18 percent of the customers anticipate growing volumes in the period encompassing July, August and September.

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