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…
The Drewry Multipurpose Time Charter Index has beaten the consultancy’s prediction from last month helped by the jump experienced by larger multipurpose vessels.
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…
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…
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…
The Drewry Multipurpose Time Charter Index remained relatively flat in January, with the sector settling into a slower decline. Analysts at the research and consulting…
The global fleet of multi-purpose (MPP) vessels is shrinking, as demand for offshore work is increasing rapidly. Serious bottlenecks are to be expected in Europe…
Charter rates in the multipurpose sector are continuing to decline as reflected by the latest figures in the Drewry Multipurpose Time Charter Index. The Index…
Spot market steadied over October which reflected in the Drewry Multipurpose Time Charter Index that slipped again, although slower compared to the previous month. The…
Spot rates in the container and bulk sectors have slipped sharply over the month of September, even more than predicted by the maritime consultancy Drewry.…
Over the month of August, Drewry Multipurpose Time Charter Index continued the decline over August, albeit at a faster rate than expected. The index averaged $10,650…
The downward trajectory of the Drewry Multipurpose Time Charter Index continued in July, and the weakening trend is not expected to stop any time soon.
Charter rates for the multipurpose vessels fleet have continued to edge down with the shipping consultancy Drewry expecting the slow, gradual drop to continue in…
Charter rates for the multipurpose vessels fleet has continued its downwards path in the month of May, after remaining flat in April due to Covid…
Charter rater for the multipurpose vessels remained flat during the month of April, as new Covid lockdowns in China stopped the downwards trajectory. However, shipping…
Daily rates rise for the multipurpose vessels have started petering out, with the shipping consultancy Drewry expecting the downward trend to continue further into April.
Multipurpose vessels (MPVs) could continue to be used to alleviate the supply shortages in the container sector well into 2022, according to the shipping consultancy…
Both container and bulk sectors experience weaker growth over the month of November with both sectors reporting spot rates dropping from record highs. This was…
The Drewry Multipurpose Time Charter Index (MPV Index) jumped almost 7 percent in August, beating the shipping consultancy’s forecast of a slower rise. To remind,…