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Drewry Forecaster subscribers, segmented by sector, will receive automatic full access to the OnDemand platform, marking a major upgrade to these ‘flagship’ subscription services which were previously available primarily in PDF and MS Excel formats. Initially, OnDemand will cover the Dry Bulk, LNG, LPG, Crude, and Product Tanker sectors, with expansions to include Container, Chemical, and other niche shipping sectors scheduled for the second half of 2024.

This platform is a fully-integrated, dynamic resource that combines fleet, trade, rates, and valuation data with Drewry’s proprietary AIS analytics capability. Market and fleet data are updated monthly, while AIS data is refreshed weekly. This complements the comprehensive market analysis and forecasts, ensuring subscribers receive the most current and complete picture of the market and its future trends.

"The launch of OnDemand represents a significant milestone for Drewry," said Navin Kumar, Director of Drewry Maritime Research. "In addition to providing real-time updates, we aimed to empower our subscribers by giving them the flexibility to filter, compare, and visualize all the key maritime research data points based on sector-specific parameters such as fleet, supply/demand, rates, values, commodity type, vessel category, and age."

Kumar continued, "Another key feature worth highlighting is the Latest Market Data. We have meticulously curated all the available data and resources for each shipping sector into five sub-segments: Shipping, Demand, Charter Market, Asset Market, and Advanced Options. Advanced Options includes a custom data visualizer, allowing subscribers to select and compare data points and variables of particular interest from the complete data set available. While the platform significantly enhances our standard Forecaster service, anyone can register to access complimentary areas such as Latest Opinions, the Sector-at-a-Glance dashboard, and the Discussion Board."