Topic: Charter rates

The story continues, MPP rates still heading down

The story continues, MPP rates still heading down

Toepfer Transport ReportDespite the summer nearing its last days, pressure on the time charter rates in the multipurpose sector (MPP) continues. A clear reflection of the ongoing summer trend can be seen in Toepfer Transport’s Multipurpose Index...Read more
|Comment|author: Adnan Bajic
A half year of stagnation for MPP charter market

A half year of stagnation for MPP charter market

Toepfer Transport ReportThe multipurpose vessel (MPP) charter market in the first half of 2023 could be summarised by a single word, stagnation, according to the latest quarterly report by Toepfer Transport. Research specialists at the Hamburg-based shipbroker...Read more
|Comment|author: Adnan Bajic
Summer hits the shortsea fleet earnings hard

Summer hits the shortsea fleet earnings hard

European shortsea operators are seeing more open tonnage and less available cargo as the summer season comes in quick. The lull is reflected in the Toepfer Transport’s shortsea index which has taken the largest hit...Read more
|Comment|author: Adnan Bajic

Charter rates rise above 10,000 dollars

ShippingThe charter rates continue their upward trend and have now broken through the 10,000 dollar barrier. While the rates are up 61% year-on-year, shipping broker Toepfer Transport says the current levels do not represent record...Read more
|Comment|author: Adnan Bajic

Charter rates continue to shoot up sharply

Charter ratesDemand for multipurpose vessels is booming. The charter rates have shot up by 7.6% month on month to USD 8,902 on average, shows Toepfer’s Multipurpose Shipping Index. That is nearly 18% more than this time last...Read more
|Comment|author: Adnan Bajic

Drewry: charter rates will continue upward trend

Charter ratesDrewry’s Multipurpose Time Charter Index confirms that MPV-operators are experiencing an upward trend in charter rates to beyond pre-pandemic levels. The conditions are expected to at least last as long as the disruptions in the...Read more
|Comment|author: Adnan Bajic

Charter rates exceed pre-pandemic level

Almost exactly one year after the Covid-19 pandemic hit Europe, the charter rates for multipurpose and heavy-lift vessels are back at their pre-pandemic level and even passed it. The average day rate for a geared...Read more
|Comment|author: Adnan Bajic

Charter rates pass USD 7,000 mark

ShippingThe charter rates for multipurpose vessels continue their positive trend into the new year and have broken through the USD 7,000 mark. The average day rate for 12,500 dwt MPP vessel now stands at USD...Read more
|Comment|author: Adnan Bajic

Recovery of charter rates gains momentum

ShippingThe recovery of the charter rates is gaining momentum. The average charter rate for a 12,500 dwt multipurpose vessel in December increased by 202 dollars compared to last month. That is a significantly bigger increase...Read more
|Comment|author: Adnan Bajic

Charter rates keep rising

ShippingCharter rates for multipurpose vessels keep rising bit by bit since the sudden fall at the beginning of the year. Day rates increased by 114 dollars to USD 6,729 this month, Toepfer’s multipurpose shipping index...Read more
|Comment|author: Adnan Bajic