According to the latest report from shipbroker Toepfer Transport, time charter rates in the multipurpose shipping sector inched up again.
November figures from Toepfer state that the average daily time charter rate for a 12,500 dwt/F-type heavy lift stands at USD6,729, up from USD6,615 a month earlier.
Toepfer Transport’s monthly multipurpose rate index continues to hold steady. The average daily time charter rate for a 12,500 dwt/F-type heavy lift vessel increased 0.55 percent month on month to USD13,160 in October 2024.
The Drewry Multipurpose Time Charter Index tracked upwards over the past month to hit USD9,259 per day at the start of September 2024.
Esgian’s June 2024 multipurpose shipping report outlines the sector’s operational dynamics across global trade routes.
Netherlands-headquartered Breadbox Shipping Lines is opening an office in Cyprus, which will manage the carrier’s commercial activities from the Mediterranean to West, South and East Africa.
Atlantic Container Line (ACL) said that it will resume calls at Baltimore for containers, cars and ro-ro cargo.
CPC Coli Project Cargo in Istanbul, a subsidiary of Germany’s COLI Group, completed more than 12 industrial projects in the first quarter of 2024. With more contracts in the orderbook, and an expansion of the multipurpose fleet on the cards, the outlook is positive.
