![Spot rates drop weakens Drewry's MPV index growth](https://www.projectcargojournal.com/wp-content/uploads/2021/12/Spot-rates-drop-weakens-Drewrys-MPV-index-growth-480x251.jpeg)
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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