Shippers Forced to Book Cargoes Well in Advance

Toepfer’s Multipurpose Shipping Index (TMI) for September 2021 is out. The multipurpose shipping charter rates for this month stand at USD 14,038 according to the index. That’s a TMI year-on-year increase

MPP Charter Rates On The Up

Charter rates for multipurpose vessels continue on an upward course into the new year having reached the USD 7,000 mark for the first time since early 2020. The average day rate