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.
Toepfer Transport’s monthly multipurpose rate index continues to track sideways. The average daily time charter rate for a 12,500 dwt/F-type heavy lift vessel held firm in November 2024, falling 0.02 percent month on month to USD13,157.
Trans Global Projects Group (TGP) has transported 73 boiler components from Dongguan and Shanghai, China, to Glasgow, Scotland.
The Federation of National Associations of Ship Brokers and Agents (FONASBA) has elected a new president and board, with Fulvio Carlini succeeding Javier Dulce to head up the organisation.
Offshore installation contractor Cadeler has signed firm contracts for the transport and installation of offshore wind turbine generators and foundations for the East Anglia TWO offshore wind farm in the UK.
Friday & Co Shipbrokers has brokered a major chartering deal between heavy lift shipping specialist Boskalis and a Chinese charterer, to transport the car carrier Floor (formerly Fremantle Highway) from the Netherlands to China for extensive repairs.
Labour strikes at some of Canada’s key ports have led to considerable disruptions across North America, affecting both coasts and stalling billions in trade.
