Drewry: Multipurpose recovery on the far horizon
The market for multipurpose vessels is hit hard by the dry bulk downturn, which has sent the struggling bulk vessels looking for cargoes outside their traditional segments. A much-needed recovery for multipurpose vessels will come in late 2017 at the earliest, writes Drewry.
by DANIEL LOGAN
The extreme depression of the dry bulk market has sent Handysize vessels in particular hunting for cargoes and work in other segments, and this development has pulled the multipurpose (MPV) segment down into the slump as well.
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