Spot rates drop weakens Drewry's MPV index growth

Spot rates drop weakens Drewry’s MPV index growth

Photo source: G2 Ocean

Both container and bulk sectors experience weaker growth over the month of November with both sectors reporting spot rates dropping from record highs. This was the major contributor to Drewry Multipurpose Time Charter Index (MPV Index) rising only 1.9 percent. 

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Author: Adnan Bajic

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