A glance at the February 2024 numbers for the key multipurpose vessel indices would possibly not reveal anything, except a stable/ flattish movement of rates
While the on-going disruptions in terms of blockage and geopolitical-risks seem to thwart the Suez Canal and the drought action impacting the Panama, the Multi-purpose
Author of the article: Gautham Krishnan
A mixed bag of price movements that outperformed the other factions of freight, yet underperformed themselves- that could be the
The Multi-purpose Vessel (MPV) charter rates have sunk further, with the Toepfer’s multipurpose Index (TMI) reporting a dip to USD 12,208. The rate index is
End of the seasoned downturn’ has been the commentary from Drewry w.r.t the Multi-Purpose Vessel (MPV) charter rates. A pick-up for rates in the smaller
Image: Drewry
The downward trend in MPV prices continued as the Toepfer’s Multipurpose Index (TMI) registered its sharpest dip in six months, in terms of monthly