Bahri Line has continued its venture into the niche multipurpose sector with the addition of an MPP to its fleet. The company said it has added Bahri Diriyah, reaffirming its commitment to growth, and meeting...Read more
Norwest Ship Management has expanded its fleet with two multipurpose (MPP) vessels following a purchase agreement with Smyril Line. The vessels, named MV Hvitanes and MV Eystnes, are scheduled for delivery in April 2024. Read more
Delfzijl-based Pot Scheepvaars has placed an order with its compatriot shipbuilder Royal Bodewes for a single 6,000 dwt multipurpose (MPP) vessel. The two companies have signed a building contract for the 1A Swedish-Finnish Ice Class...Read more
10-strong orderBBC Chartering has opened the door to a new era with the introduction of a new 10-strong fleet of heavy-lift, multipurpose vessels. The company will take delivery of 10 LakerMax, 13,000 dwt MPPs starting spring...Read more
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
dship Carriers have put pen to paper on a contract for the construction of four D500 multipurpose (MPP) vessels, introducing the next generation of the 15,000 dwt class. The company also said the construction contract...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
MACS Maritime Carrier Shipping has decided to launch a new MPP liner service between Europe and the US Gulf. The decision follows the five-year contract MACS secured from the St. Helena Government. Under the deal,...Read more
Maritime logistics conglomerate Wagenborg is continuing the expansion of its multipurpose vessel (MPP) fleet with the construction of another EasyMax. The company said that the first sections of the fourth EasyMax MPP have been transported...Read more
ONE WORLD SHIPBROKERS' MSIThe latest edition of the multipurpose Market Sentiment Index, issued by One World Shipbrokers, is experiencing its January renaissance, rising above the October 2023 mark. The MSI for the MPP sector has gone up a...Read more
Toepfer Transport ReportDespite reported volatility in the multipurpose vessel sector, the Toepfer Transport MPP Index has stopped the fall for the first time since June 2023. While the uptick may not be much to write home about,...Read more
Briese Schiffahrts GmbH & Co has continued its fleet expansion as the third OTECO 9000 general cargo vessel, ECO Trophy, was added to the company’s fleet. It is the third of a total of ten...Read more
Carisbrooke Shipping, a family-owned shipping company, has partnered with GT Green Technologies and The University of Bristol to lead a shift in commercial shipping towards decarbonisation. They have received a substantial grant of £3.7 million...Read more
The multipurpose carrier Intermarine has expanded its Chartering department in Houston with the addition of new personnel. The company appointed Lennard Beckmann to its chartering team. Read more
Swire Projects, a projects and heavy lift shipping services division of Swire Shipping, has launched a Western Australia Express (WAX) service, a monthly semi-liner shipping service connecting major ports in China, South Korea, Japan, Singapore,...Read more
There seems to be a consensus that 2023 was a good year for project cargo and the multipurpose vessel (MPP) sector. However, in its report, the Hamburg-based shipbroker Toepfer Transport, noted that the sector did...Read more
Toepfer Transport ReportThe trajectory of the Toepfer Transport’s Multipurpose (MPP) Index has remained unchanged, as the figures show a drop for the seventh month in a row. The only positive uptick since January 2023 happened in June...Read more
The multipurpose carrier Intermarine will make four additions to its fleet in the coming days. The company is set to welcome two F500 heavy-lifters, one F360 vessel and one F300, that will join its global...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
Wilhelmsen Ship Management and MPC Capital have acquired Zeaborn Ship Management and its fleet of 100 vessels, including MPPs. The acquisition is the consistent next milestone in the partnership between Wilhelmsen and MPC Capital and...Read more