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
Drewry has launched the Multipurpose Time Charter Index, which tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include...Read more
The charter rates for multipurpose vessels are starting to slide as a result of lower demand caused by the coronavirus. The average day rate for a 12,500 dwt MPV/HL vessel dropped with nearly 200 dollars...Read more
Hopes of a dry bulk recovery have diminished now that day rates for Kamsarmax and Supramax bulkcarriers have nosedived and declined with as much as 40% since October last year. That could lead to increased...Read more
