# Drewry warns of capacity glut | World Ports Organization

> 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.

- Date: 2026-10-31 · published 2026-11-01T06:14:44.846Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/4494-drewry-warns-of-capacity-glut-world-ports-organization
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

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.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- worldports.org: https://www.worldports.org/drewry-warns-of-capacity-glut/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.