The rapid recovery in earnings for multipurpose vessels is expected to slow from the second half of the year as capacity constraints and supply chain disruptions in competing sectors ease. Global shipping consultancy Drewry states...Read more
Drewry expects the growth of the multipurpose and heavy-lift sector to slow in the second quarter and third quarter. Conditions will remain favourable, but growth is not expected to be as strong as it was...Read more
Demand 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
Drewry’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
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
The 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
The incredible shortage of empty containers will at least last into January, analyst firm SeaIntelligence Consulting states. And to end the situation by then, the carriers will need to both procure new containers and reposition...Read more
The 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
Charter 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
The charter rates for multipurpose vessels continue to crawl back up from the low levels of June and July this year. Toepfer’s Multipurpose Shipping Index for October shows an increase of 70 dollars to an...Read more
The charter rates for multipurpose vessels keep slowly improving from their downfall earlier this year. In the latest edition of Toepfer’s Multipurpose Shipping Index, the average day rate for a 12,500 dwt geared vessel now...Read more
The charter rates for multipurpose vessels have bounced back a little, shows Toepfer Multipurpose Shipping Index. Rates increased slightly in August to USD 6,492 per day for a 12,500 dwt geared vessel.Read more
Charter rates for multipurpose ships are not expected to recover back to pre-Covid-19 levels until the end of 2021, with the recovery anticipated to take even longer if the global pandemic is not contained, says...Read more
The charter rates for multipurpose vessels have bottomed out. Toepfer’s Multipurpose Shipping Index for July shows the rates bouncing back a notch to 6,391 dollars per day for a 12,500 dwt geared vessel. Read more
Average charter rates kept falling in the past month but the decline has significantly slowed in pace. In June, the average day rate for a 12,500 dwt multipurpose vessel fell by 60 dollars compared to...Read more
Daily charter rates for multipurpose vessels keep falling as a result of lower demand caused by the coronavirus. Rates have already fallen by 13% since the beginning of 2020 and the pace of the decline...Read more
The decline in charter rates for multipurpose vessels is accelerating. The average charter rate for a 12,500 dwt multipurpose vessel currently stands at USD 6,863, 5% lower than in March 2020.
Charter rates are falling as...Read more
Despite the coronavirus, a very low Baltic Dry Index and problems at Zeamarine, charter rates for multipurpose and heavy-lift vessels so far seem to remain stable, according to Toepfer’s Multipurpose Shipping Index.
Toepfer’s Multipurpose Index measures...Read more
Zeamarine has gotten into severe financial problems and is rumoured to be losing millions. The company has hired a restructuring specialist to replace co-founder and managing partner Hendrik Jan Többe as chair of the board.
Majority...Read more
Multipurpose and project carriers can pour an extra glass of champagne on New Year’s Eve as the outlook for 2020 is positive, according to shipbroker Toepfer Transport. “There’s good news on the demand side as...Read more
