Charter rates continue upward trend

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 for October shows an increase of 70 dollars to an average day-rate of USD 6615. Over the past three months, the...
BIMCO: Sharp rebound in shipping unlikely

BIMCO: Sharp rebound in shipping unlikely

At the Project Cargo Summit, taking place on 23 and 24 September, Peter Sand of BIMCO presented his outlook for project cargo, heavy lift and breakbulk shipping. He sees ‘an industry under pressure’. Yet, there are opportunities in offshore wind and he...