Multipurpose rates face continual growth in 2022 following a tripling last year

The rates almost tripled in 2021, and according to a new Toepfer report, participants on the multipurpose market expect the growth to continue for another three quarters.
Photo: AAL Shipping
Photo: AAL Shipping

Special cargo and multipurpose (MPP) ships ride a wave of global demand, resulting in skyrocketing rates. Following a near tripling in 2021, the market foresees continual rates growth far into 2022, according to a report by Toepfer.

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