Toepfer Transport ReportWhile shippers and carriers keep talking of upcoming demand the activity levels remain subdued, leaving even the experienced analysts at a loss for words, shrugging their shoulders. Both shippers and carriers keep reporting upcoming demand,...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
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
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
Danish shipping company, Norden, has agreed to acquire its compatriot Thorco Projects business expanding its reach to the general cargo segment, especially breakbulk, steels and wind industry project cargo. If all the regulatory conditions are...Read more
The tried and tested Rotra concept will soon see its evolution hit the market as partners deugro Danmark, Siemens Gamesa and Amasus push forward with the newly designed pair of vessels. Customised for transporting offshore...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
Charter rates in the multipurpose vessel sector have continued the expected sideways movement according to the latest assessment by the shipbroker Toepfer Transport. Read more
Two major trends are anticipated to fuel growth in the breakbulk sector in 2023, the first being the focus on decarbonisation and the second being the shortage in the construction equipment market, driving the prices...Read more
The multipurpose time charter market declined with a much slower pace compared to the last six months of 2022, Toepfer Transport notes in its latest quarterly report. Reflected in its TMI assessments, and the index...Read more
Multipurpose (MPP) sector is facing more challenges from the anticipated demand from the renewables sector than it was previously expected. The slip in optimism has also been reflected in the Toepfer Transport’s Multipurpose Index that...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 family-run medium-sized shipping company HS Schiffahrts has seen the first steel for its 7,000 dwt multipurpose vessels cut at the Cochin Shipyard (CSL), India.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
The Rotterdam-based MacGregor firm, a leader in sustainable maritime cargo and load handling which is a part of the Finnish group Cargotec, has received two orders for heavy cranes, totalling at over 43 million euro.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
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
Charter rates for the multipurpose vessels fleet has continued its downwards path in the month of May, after remaining flat in April due to Covid lockdowns in China. According to the shipping consultancy, Drewry, the...Read more