Toepfer Transport ReportSimilar to its counterpart from Drewry, Toepfer Transport’s MPP Index, has been propped up by traditional market movements and the effects of the Houthi militia attacks in the Red Sea. It all resulted in the...Read more
Drewry's OpinionThe Drewry Multipurpose Time Charter Index has continued its gradual climb during the early period of 2024. The consultancy stressed that the ongoing Red Sea situation is giving the fleet a significant utilisation boost. Read more
Drewry's OpinionThe Drewry Multipurpose Time Charter Index has continued its modest climb in the last month of 2023, although, it came short of the predicted level. The holiday period may have had a hand in little...Read more
Drewry's OpinionThe multipurpose vessel (MPV) orderbook to date is dominated by China, both in number of vessels and total dwt, Drewry’s analysts say. At the same time, China has exclusively been building all the high-capacity ships...Read more
Drewry's OpinionThe Drewry Multipurpose Time Charter Index could see an uptick in November as a potential rush in some segments is expected. For the month of October, the index was above the forecasted value. Read more
Drewry's OpinionUnexpected as it may have been, the offer made by the Mediterranean Shipping Company (MSC) to buy a major stake in Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), could potentially turn around the fortunes of the...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
Drewry's OpinionWith the time charter rates for the multipurpose vessels (MPV) falling since the previous year’s high levels, operators are now looking to send older vessels in their fleet for demolition. During the peak charter rates,...Read more
Project market continues to prop up multipurpose charter rates, although Drewry’s Multipurpose Time Charter Index continued its slight decline in June. The consultancy said in its report that the decline was in line with its...Read more
War in Ukraine has certainly had an effect beyond the borders of the country and the multipurpose vessel industry was not exempt. Russia’s attack on Ukraine brought some uncertainties in the global multipurpose vessel (MPV)...Read more
Pressure on the multipurpose vessel charter rates from other sectors like containers, RoRo and drybulk continues, as reflected in the new charter rates assessment by Drewry. The consultancy noted its Multipurpose Time Charter Index has...Read more
Over the month of March 2023, Drewry Multipurpose Charter Index slipped as expected with container carriers returning as competitors for breakbulk cargoes, putting more pressure on the multipurpose vessel rates. Read more
The Drewry Multipurpose Time Charter over the month of February dipped below forecasted value, as rates in the shortsea sector took a tumble. However, the consultancy believes that project cargoes suited to the multipurpose vessel...Read more
The Drewry Multipurpose Time Charter Index remained relatively flat in January, with the sector settling into a slower decline. Analysts at the research and consulting services provider to the maritime and shipping industry expect the...Read more
While multipurpose vessel rates are expected to soften through 2023, the rate of decline is expected to be less than in competing sectors such as containerships and handysize dry bulk carriers, according to the latest...Read more
The global fleet of multi-purpose (MPP) vessels is shrinking, as demand for offshore work is increasing rapidly. Serious bottlenecks are to be expected in Europe by 2030.Read more
Charter rates in the multipurpose sector are continuing to decline as reflected by the latest figures in the Drewry Multipurpose Time Charter Index. The Index slipped again in November, reaching $9,950/day, the consultancy said in...Read more
Spot market steadied over October which reflected in the Drewry Multipurpose Time Charter Index that slipped again, although slower compared to the previous month. The consultancy noted that its multipurpose index stoped just above the...Read more
Spot rates in the container and bulk sectors have slipped sharply over the month of September, even more than predicted by the maritime consultancy Drewry. The Drewry Multipurpose Time Charter Index slipped to an average...Read more
Over the month of August, Drewry Multipurpose Time Charter Index continued the decline over August, albeit at a faster rate than expected. The index averaged $10,650 per day over the month, a drop of 2.5 percent...Read more