Topic: Drewry

Drewry swaps multipurpose vessel index with new breakbulk sea transport indices

The independent maritime research consultancy Drewry has made a change to its monthly reporting on the multipurpose sector by replacing the Multipurpose Time Charter Index…
Drewry's Opinion Multipurpose index undeterred by seasonal dip for smaller vessels

The seasonal dip experienced by the smaller multipurpose vessels was not enough to change the trajectory of Drewry’s Multipurpose Time Charter Index. Yet again, the…
Drewry's Opinion Demand for large multipurpose vessels drags index upwards

The demand for larger multipurpose vessels nudged the Drewry Multipurpose Time Charter Index upwards again above the forecast of the consultancy. In its latest monthly…
Drewry's Opinion Multipurpose index continues to rise

The Drewry Multipurpose Time Charter Index has once again gone above the mark forecasted by the shipping consultancy, and the upward trend is expected to…
Drewry's Opinion Multipurpose time charter index beats forecast

The Drewry Multipurpose Time Charter Index has beaten the consultancy’s prediction from last month helped by the jump experienced by larger multipurpose vessels. 
Drewry's Opinion MPP sector not spared from Panama Canal, Red Sea issues

The multipurpose (MPP) shipping sector has not been spared from the disruptions in traffic flows in the Panama and Suez Canals. According to shipping consultancy…
Drewry's Opinion Multipurpose Index bumped by issues in major canals

The Drewry Multipurpose Time Charter Index was significantly “helped” by the issues with both the Suez Canal and the Panama Canal. The Index hit a…
Toepfer Transport Report Red Sea circumnavigation bumps MPP Index up in March

Similar to its counterpart from Drewry, Toepfer Transport’s MPP Index, has been propped up by traditional market movements and the effects of the Houthi militia…
Drewry's Opinion Multipurpose index continues gradual climb on high utilisation

The Drewry Multipurpose Time Charter Index has continued its gradual climb during the early period of 2024. The consultancy stressed that the ongoing Red Sea…
Drewry's Opinion Multipurpose index sees little movement over year-end

The Drewry Multipurpose Time Charter Index has continued its modest climb in the last month of 2023, although, it came short of the predicted level.…
Drewry's Opinion Could China’s multipurpose vessel orderbook dominance spell trouble?

The multipurpose vessel (MPV) orderbook to date is dominated by China, both in number of vessels and total dwt, Drewry’s analysts say. At the same…
Drewry's Opinion Multipurpose index inching upwards with seasonal upticks across segments

The Drewry Multipurpose Time Charter Index could see an uptick in November as a potential rush in some segments is expected. For the month of…
Drewry's Opinion Can MSC’s bid change HHLA’s fortunes?

Unexpected as it may have been, the offer made by the Mediterranean Shipping Company (MSC) to buy a major stake in Hamburger Hafen und Logistik…
Drewry's Opinion Multipurpose vessel rates decline eases, project market support continues

The Drewry Multipurpose Time Charter Index for the month of August has beaten the previous forecast by the consultancy. While the decline is expected to…
Drewry's Opinion Scrapping candidates appear here and there in the multipurpose sector

With 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…
Project market keeps supporting multipurpose vessel charter rates

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…
Drewry: headwinds for Russian multipurpose sector may bring positives elsewhere

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…
Drewry: multipurpose vessel rates drop to continue pressured by containers, RoRo

Pressure on the multipurpose vessel charter rates from other sectors like containers, RoRo and drybulk continues, as reflected in the new charter rates assessment by…
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…
Drewry’s multipurpose vessel index dips more than expected in February

The Drewry Multipurpose Time Charter over the month of February dipped below forecasted value, as rates in the shortsea sector took a tumble. However, the…