Toepfer Transport ReportToepfer Transport’s MPP Index is continuing on its upward trajectory as unrest in the Middle East continues boosting fleet utilization. It is the third month in a row that the Index has shown an uptick. Read more
Toepfer Transport ReportDespite talks and expectations by shippers and carriers of an uptick in activity and demand in the MPP sector, figures keep painting a different story. Toepfer Transport Multipurpose Index keeps heading down with analysts still...Read more
Drewry's OpinionThe Drewry Multipurpose Time Charter Index for the month of August has beaten the previous forecast by the consultancy. While the decline is expected to continue, it will not be a significant drop in September. Read more
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
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
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
Charter rates in the multipurpose vessel sector have continued the expected sideways movement according to the latest assessment by the shipbroker Toepfer Transport. Read more
Charter rates for the multipurpose vessels fleet has continued its downwards path in the month of May, after remaining flat in April due to Covid lockdowns in China. According to the shipping consultancy, Drewry, the...Read more
ShippingDrewry’s Multipurpose Time Charter Index increased to USD 8,339 per day in May, representing a rise of 4.3% compared to the 2.5% rise seen in the previous month. The index is up 28% since the...Read more
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
ShippingThe charter rates for shortsea vessels in the European shortsea market have improved dramatically over the past six months, the new Shortsea Index of German shipbroker Toepfer Transport shows. The rates have increased by more...Read more
ShippingThe charter rates for multipurpose vessels keep skyrocketing and have gained further momentum. Day rates jumped by more than 10% month-on-month and now almost exceed the USD 9,000 barrier. Read more
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
ShippingDrewry 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
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
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
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
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
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
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