Topic: MPV

Drewry expects further rate rises during the summer

Drewry’s Multipurpose Time Charter Index increased to USD 8,339 per day in May, representing a rise of 4.3% compared to the 2.5% rise seen in the previous month. The index is up 28% since the...Read more

14-06-2021|Comment|author: Tobias Pieffers

Charter rates for multipurpose vessels remain stable so far

Despite the coronavirus, a very low Baltic Dry Index and problems at Zeamarine, charter rates for multipurpose and heavy-lift vessels so far seem to remain stable, according to Toepfer’s Multipurpose Shipping Index. Toepfer’s Multipurpose Index measures...Read more

19-02-2020|Comment|author: Tobias Pieffers

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: Tobias Pieffers