Topic: Day rates

Rates for European shortsea vessels improved by 30% in past six months

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

10-05-2021|Comment|author: Adnan Bajic

SeaIntelligence: Container crunch to persist into January

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

18-12-2020|Comment|author: Adnan Bajic

Drewry launches time charter index, rates keep rising

ShippingDrewry 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

17-11-2020|Comment|author: Adnan Bajic

Charter rates start to slide as coronavirus spreads

Charter ratesThe 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

12-03-2020|Comment|author: Adnan Bajic

Deteriorated dry bulk market bad news for breakbulk recovery

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

08-02-2019|Comment|author: Adnan Bajic