Multipurpose rates down USD 1,000 per day since February
The effects of the coronavirus outbreak have only just started to affect the multipurpose and heavy lift markets in earnest, at a time when operators are already looking into an offshore market that all but vanished overnight. All eyes are on one market in particular.
Stakeholders in the multipurpose industry knew the first half of 2020 would be difficult and that the coronavirus pandemic would undoubtedly have a negative impact on the market.
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