Drewry: new lockdowns in China halt multipurpose rates drop

Drewry: new lockdowns in China halt multipurpose vessels rates drop

Photo source: Intermarine

Charter rater for the multipurpose vessels remained flat during the month of April, as new Covid lockdowns in China stopped the downwards trajectory. However, shipping consultancy, Drewry, expects its Multipurpose Time Charter Index to slip slightly again in May. 

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Author: Adnan Bajic

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