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
Toepfer: MPP owners already seeing $20,000 rates
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
Toepfer: MPP vessel premiums above 2008 peak
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
Toepfer: shippers and forwarders scramble to book cargoes well in advance
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
Rates for European shortsea vessels improved by 30% in past six months
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
Charters rates jump a staggering 11% month-on-month
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
Charter rates pass USD 7,000 mark
ShippingThe charter rates for multipurpose vessels continue their positive trend into the new year and have broken through the USD 7,000 mark. The average day rate for 12,500 dwt MPP vessel now stands at USD...Read more
Charter rates have bottomed out
Charter ratesThe charter rates for multipurpose vessels have bottomed out. Toepfer’s Multipurpose Shipping Index for July shows the rates bouncing back a notch to 6,391 dollars per day for a 12,500 dwt geared vessel. Read more
Charter rates keep falling
Daily charter rates for multipurpose vessels keep falling as a result of lower demand caused by the coronavirus. Rates have already fallen by 13% since the beginning of 2020 and the pace of the decline...Read more
Toepfer foresees good news on multipurpose demand side
Demand growthMultipurpose and project carriers can pour an extra glass of champagne on New Year’s Eve as the outlook for 2020 is positive, according to shipbroker Toepfer Transport. “There’s good news on the demand side as...Read more