The financial situation of the Royal Netherlands Navy is so dramatic that recovery of the armed forces is out of the question. The admiralty has warned the defence management that without extra money in the coming years, the navy will no longer be equipped for its...
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...
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 day for a 12,500 dwt geared vessel. Day rates for multipurpose vessels have fallen by 14% since the...
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