Drewry adjusts container throughput forecast in light of better than expected Q2

World container port throughput has subverted expectations for the second quarter of 2020, registering a smaller decrease than envisaged of around -8% year-on-year, Drewry has reported.

Earlier forecasts in June anticipated a drop of 16% and, while not a full recovery, the port performance for the first half of 2020 was sufficiently good enough for Drewry to revise its annual global forecast.

Now the maritime analyst has updated its figure from June of -7.3% to -3.3% instead for the annual global forecast.