Income of the European short sea fleet has dipped again April as the war in Ukraine continues raging. The spike in oil and bunker prices as result of the Ukraine war was reflected in March...Read more
While the time charter rates for multipurpose vessels remain elevated, it is the first time in 22 months that Toepfer Transport’s Multipurpose Index has dipped. Although it was a drop of 0.82 percent it reflects...Read more
The European short sea fleet has seen its income dip during the month of March as high bunker prices could not be fully passed on to shippers. The Hamburg-based shipbroker, Toepfer Transport noted that while...Read more
The worsened outlook for the world economy and the uncertainty caused by the war in Ukraine has pushed aside the euphoria in the MPP sector and replaced it with caution. Despite this sentiment, Toepfer Transport’s...Read more
European shortsea market is yet to feel the brunt of Russia’s attack on Ukraine, and the consequences were not reflected in the February income of the European Shortsea Fleet. The Hamburg-based shipbroker, Toepfer Transport, notes...Read more
Toepfer Transport Multipurpose Index edged up again and is stable at this high level with the effects the current attack on Ukraine by Russia are still unclear. Read more
European shortsea market has remained at an elevated level, however, there is uncertainty over the market’s reaction to the current geopolitical tensions, especially in the Black Sea. Ship broker Toepfer Transport noted that the average...Read more
Toepfer Transport Multipurpose Index has continued its rise above the $20,000 mark, however, the market plateau may be on the horizon, according to the Hamburg-based broker.Read more
European shortsea market has ended 2021 on a high with Toepfer Transport reporting the average rates more than doubling during the year. The German ship broker reported another sharp increase of its Shortsea Index for...Read more
Toepfer Transport’s Multipurpose Index has broken the $20,000 barrier in the first month of 2022. The latest report marks the 19th consecutive month the Index has been climbing. Read more
The shortsea shipping market seems to be unfazed by the correction going on in the the larger bulk market which is experiencing a downward trend since it peaked in October last year, according to Toepfer...Read more
Time charter rates for MPP vessels of all sizes have continued to climb as the availability of tonnage for charter is extremely tight, Toepfer Transport said in its quarterly multipurpose shipping report. Read more
The charter rates for general cargo vessels in the European shortsea market have continued a steep climb, according to the latest information from the German shipbroker Toepfer Transport. Toepfer has reported a sharp increase of...Read more
The Hamburg-based broker Toepfer Transport saying its index has risen to $18,973 for the month of December. It is the 18th consecutive month the Index has been growing, hitting a year-on-year increase of 173.73 percent. Read more
A recent poll by Toepfer Transport shows a large majority of participants expects to see at least a limited lack of cargo space and capabilities of the MPP fleet. The poll, asking “Is the current...Read more
The rise of charter rates for multipurpose vessels has continued to climb with the Hamburg-based broker Toepfer Transport saying its index has risen for the 17th consecutive month. The broker said that a $20,000 benchmark...Read more
Time charter rates for MPP vessels available immediately or in a few weeks’ time have surpassed the peak levels of 2008, the Hamburg-based broker Toepfer Transport said in its latest briefing. The MPP market is...Read more
Shippers and forwarders have been pushed more towards booking cargoes well in advance as the demand for vessels and lack of available tonnage persist in the market. Read more
ShippingThe charter rates for shortsea vessels in the European shortsea market have improved dramatically over the past six months, the new Shortsea Index of German shipbroker Toepfer Transport shows. The rates have increased by more...Read more
ShippingThe charter rates for multipurpose vessels keep skyrocketing and have gained further momentum. Day rates jumped by more than 10% month-on-month and now almost exceed the USD 9,000 barrier. Read more
