As its ocean freight counterparts in Container Shipping go in from strength to strength, spot prices for the Multipurpose sector have been playing a slow,
“There is a positive sentiment and so despite uncertainties, the fillip in demand and constraints in capacity are pushing the rates higher”. This was the
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