Norwest Ship Management has reaffirmed its belief in the shortsea MPP market with further expansion of its fleet. To better serve the market, the company has signed a deal with Eckerö Shipping to buy the two...Read more
Toepfer Transport’s MPP Index has continued its downwards trajectory as container carriers withdraw from the multipurpose sector. The Index slipped 6.1 percent month-on-month. Read more
For the second month in a row, Toepfer Transport’s Toepfer MPP Index has slipped, with September figures showing the effects of the European summer slump. According to Toepfer Transport’s latest monthly report, the Index slipped...Read more
Toepfer Transport’s Multipurpose Index has shown a slight dip for the month of August, as pressure mounts with first signs of the MPP market slowing down. After edging up throughout June and July, TMI dipped...Read more
While charter rates in other shipping sectors are taking a hit, MPP rates remain firm, even though macroeconomic and geopolitical issues are concerning the industry. With the economy being on the brink of a recession...Read more
Swire Projects, a projects business unit of Swire Shipping, has added three more multipurpose vessels to its fleet. The company has signed a long-term agreement with shipowner R. Braren for the charter of three handysize...Read more
Toepfer Transport’s Multipurpose Index edged up during the month of June after dipping in May for the first time in 22 months. The increase was mainly due to the fact that the negative economic trends...Read more
VideoHitting the mark with the right service is what seems to be the main focus for the multipurpose shipping specialist AAL. Like many others, the company has been forced by the market environment to shift...Read more
Time charter rates for multipurpose (MPP) vessels are holding steady, and even showing a slight uptick. Toepfer Transport’s Multipurpose Index edged up 0.81 percent from May to June. Read more
The rise of charter rates for multipurpose vessels has continued to climb with the Hamburg-based broker Toepfer Transport saying its index has risen for the 17th consecutive month. The broker said that a $20,000 benchmark...Read more
ConsolidationGerman shipping company Zeaborn eyes more cheap, second hand tonnage now that a multitude of new environmental legislation will force ship owners to either sell or invest in their ships.
“The 2020 sulphur cap and ballast...Read more
