ShippingWatch

Drewry: Shipping earnings down 25 percent

Analyst agency Drewry's All Earnings Index continues to dive across segments. The index declined 25 percent in September.

Drewy's earnings index, which covers all cargoes from wet to dry, dived 25 percent in September, down to 115 points.

The massive decline follows in the wake of similar developments in August for the tanker and LPG carriers. The drop in Drewry's All Earnings Index would have been significantly bigger if not for a still-rising trend in the dry bulk market due to iron ore and coal, according to the analyst agency.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs