Young breakbulk shipper wants bigger piece of the cake, finds key partner
Young companies have their place in the market, especially if they can provide direct, efficient and quality service. However, having the right partners can also have a significant impact on the business. ‘The right connection’...Read more
Multipurpose vessel rates decline eases, project market support continues
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
Spliethoff DP2 MPP pair is now complete
Following the delivery of MV Brouwersgracht, the first of two Spliethoff DP2 B-type vessels, in February, the company has now completed the pair with the delivery of MV Bloemgracht.Read more
Subdued summer in the MPP sector
One World Shipbrokers' MSIFollowing the first uptick since the first quarter in 2022, the Market Sentiment Index, an indicator of activity in the MPP industry, has slipped again. Read more
Toepfer Transport: TMI stable despite poor spot MPP market
Time charter rates in the multipurpose (MPP) vessel sector, reflected in the Toepfer’s Multipurpose Index (TMI), remain stable despite a poor spot market. The Hamburg-based shipbroker adds that looking 6-12 months forward, the assessment includes...Read more
Final Rye Park wind farm components reach Port of Newcastle
VideoThe final shipment of wind turbine components for the Rye Park wind farm north of Yass, and east of Boorowa in New South Wales, has reached the Port of Newcastle. The final shipment includes turbine...Read more
Toepfer Transport: MPP charter rates continue moving sideways
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
Drewry: container carriers back in for breakbulk cargoes pushing multipurpose rates down
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
Toepfer Transport: MPP index down eighth month on the trot
Charter rates in the multipurpose (MPP) sector have continued the drop with the Toepfer Transport’s Multipurpose Index heading down for the eighth month in a row. Although, the shipbroker expects this to be the bottom...Read more