Topic: Decline

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

14-04-2020|Comment|author: Adnan Bajic

North Sea Port’s breakbulk volume also takes hit

Breakbulk throughputFollowing the dramatic decline of breakbulk volumes in Antwerp, North Sea Port has also recorded a significant drop in the throughput of breakbulk. Cargo volume fell by 6.6% to 11 million tonnes in 2019. Part...Read more

15-01-2020|Comment|author: Adnan Bajic

Again less breakbulk for Port of Antwerp

Quarterly resultsEurope’s biggest breakbulk port, Antwerp, posted another decline in throughput of conventional breakbulk cargoes. The port contributes the decrease to the “exceptional” first quarter of 2018 when anticipated US import levies drove a build-up of...Read more

29-04-2019|Comment|author: Adnan Bajic