Toepfer Transport: MPP market dominated by wait-and-see attitude
Toepfer Transport’s Multipurpose Index edged up during the month of June after dipping in May for the first time in 22 months. The increase was mainly due to the fact that the negative economic trends...Read more
Toepfer Transport: short sea charter rates remain flat in May
Income of the European short sea fleet has remained flat with results depending on the vessel’s trading areas and positions these days, the Hamburg-based shipbroker Toepfer Transport said in its recent report. Read more
Toepfer Transport: MPP charter rates remain solid
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
Toepfer Transport: European short sea rates dip again in April
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
Toepfer Transport’s MPP Index dips for the first time in 22 months
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
Toepfer Transport: high bunker prices cut short sea vessel earnings
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
Toepfer Transport: war in Ukraine keeping MPP rate levels robust
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
Toepfer Transport: European shortsea market direction still uncertain
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: MPP Index rising amidst uncertainty over Russian attack on Ukraine
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
Toepfer Transport: European shortsea market reaction to political issues unclear
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: MPP market about to hit plateau
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
Toepfer’s shortsea index doubles during 2021
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 index breaks $20,000 barrier
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
Toepfer: Shortsea shipping remains strong through holiday season
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
Toepfer: MPP rates climbing as vessel availability tightens
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
Toepfer’s Shortsea Index continues steep climb in November
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
Toepfer: MPP tonnage demand steadily high
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
Toepfer: lack off MPP tonnage a concern for growing wind industry
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