Topic: Charter rates

Charter rates continue upward trend

ShippingThe 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
|Comment|author: Adnan Bajic

Charter rates claw back slowly

Charter ratesThe 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
|Comment|author: Adnan Bajic

Charter rates bounce back a little

Charter ratesThe 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
|Comment|author: Adnan Bajic

Charter rates have bottomed out

Charter ratesThe 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
|Comment|author: Adnan Bajic

Decline in charter rates starts to slow

Charter ratesAverage 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
|Comment|author: Adnan Bajic

Charter rates keep falling

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
|1 comment|author: Adnan Bajic

Decline in charter rates doubles in pace

Charter ratesThe 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
|Comment|author: Adnan Bajic