Container rates have seen a surge recently, which has resulted in positive development of the MPP charter rates as well. According to Xeneta, prices for 40 ft high-cube containers in China rose 45 per cent...Read more
Drewry's OpinionThe multipurpose (MPP) shipping sector has not been spared from the disruptions in traffic flows in the Panama and Suez Canals. According to shipping consultancy Drewry, weather-related restrictions on the Panama Canal and the recent...Read more
Toepfer Transport ReportTime charter rates in the multipurpose (MPP) vessel sector, reflected in the Toepfer’s Multipurpose Index (TMI), are experiencing the full effect of the summer vacations. The Hamburg-based shipbroker noted the outlook remains optimistic.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
