Time charter rates in the multipurpose shipping sector slipped further over the last month, according to shipbroker Toepfer Transport.
The average daily time charter rate for a 12,500 dwt/F-type heavy lift vessel stands at USD6,441 for May 2020, a drop of USD395 compared to April 2020’s rate of USD6,836.
For a year-on-year comparison, rates in May 2019 stood at USD7,524.
BBC Chartering said that its fifth Lakermax newbuild multipurpose vessel, BBC Santiago, successfully passed sea trials last week.
The Australian Maritime Safety Authority (AMSA) has issued a ‘refusal of access direction’ to the Netherlands-flagged general cargo ship Marsgracht, banning the ship from entering Australian ports for 180 days.
Vertom has placed an order for four 10,700 dwt geared tweendeckers at Chowgule Shipyards in India.
Damen Shipyards has delivered two Combi Freighter (CF) 5000 vessels to Squtrixo General Trading. Additionally, a CF 3850 will also be handed over to the company.
The US Department of Transportation’s Maritime Administration (MARAD) has allocated USD580 million towards port improvement projects.
