Shipping
Charters rates jump a staggering 11% month-on-month
The 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…
Charter rates
Charter rates continue to shoot up sharply
Demand for multipurpose vessels is booming. The charter rates have shot up by 7.6% month on month to USD 8,902 on average, shows Toepfer’s Multipurpose Shipping…
Charter rates exceed pre-pandemic level
Almost exactly one year after the Covid-19 pandemic hit Europe, the charter rates for multipurpose and heavy-lift vessels are back at their pre-pandemic level and…
Shipping
Charter rates pass USD 7,000 mark
The 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…
Shipping
Recovery of charter rates gains momentum
The recovery of the charter rates is gaining momentum. The average charter rate for a 12,500 dwt multipurpose vessel in December increased by 202 dollars…
Shipping
Charter rates keep rising
Charter rates for multipurpose vessels keep rising bit by bit since the sudden fall at the beginning of the year. Day rates increased by 114…
Shipping
Charter rates continue upward trend
The charter rates for multipurpose vessels continue to crawl back up from the low levels of June and July this year. Toepfer’s Multipurpose Shipping Index…
Charter rates
Charter rates claw back slowly
The charter rates for multipurpose vessels keep slowly improving from their downfall earlier this year. In the latest edition of Toepfer’s Multipurpose Shipping Index, the…
Charter rates
Charter rates bounce back a little
The charter rates for multipurpose vessels have bounced back a little, shows Toepfer Multipurpose Shipping Index. Rates increased slightly in August to USD 6,492 per…
Charter rates
Charter rates have bottomed out
The 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…
Charter rates
Decline in charter rates starts to slow
Average charter rates kept falling in the past month but the decline has significantly slowed in pace. In June, the average day rate for a…
Charter rates
Decline in charter rates doubles in pace
The decline in charter rates for multipurpose vessels is accelerating. The average charter rate for a 12,500 dwt multipurpose vessel currently stands at USD 6,863,…
Charter rates
Charter rates start to slide as coronavirus spreads
The charter rates for multipurpose vessels are starting to slide as a result of lower demand caused by the coronavirus. The average day rate for…
Charter rates for multipurpose vessels remain stable so far
Despite the coronavirus, a very low Baltic Dry Index and problems at Zeamarine, charter rates for multipurpose and heavy-lift vessels so far seem to remain…