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...
Charter rates claw back slowly

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 average day rate for a 12,500-DWT geared vessel now stands at USD 6545, reflecting an increase...