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European Shortsea Shipping Index

Here is the latest result of the Toepfer Transport European Shortsea Index.

“Along with rising temperatures the holiday mood is increasingly spreading, making people leave for summer vacation and have business activities decelerate. We are back to a more ordinary seasonal slowdown scenario in the short sea sector with TCE’s only marginally sliding on the back of lower but still stable demand. Vessel earnings keep a solid level of more than 50 % above those achieved 12 months ago.”

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