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Drewry projects container fleet growth of 8.8% in 2027 and 12.1% in 2028, with new deliveries adding about 2.3 million TEU in 2027. A phased return to Suez could release another 1.6 million TEU currently absorbed by Cape routings.
Drewry expects contract freight rates to decline in 2027, though timing and scale remain uncertain.
Expanding capacity and returning Suez routings point to lower ocean freight costs over the next two years. Cheaper shipping would ease landed costs for imported feed ingredients.
worldports.orgEmily CarterOct 31, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
