Special cargo rates tread water at solid level
After unexpected drops in demand for heavy cargoes from Europe, multipurpose carriers are holding their breath. But day rates still stay well above the average for the last five years, writes Toepfer.
by JENS THOMSEN
The heydays for the multipurpose (MPP) market, consisting of carriers specializing in transportation of project cargos, came to an abrupt end in the late summer of 2022 with rapidly declining time charter rates. However, the first quarter of 2023 has provided special carriers with grounds for cautious optimism.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
SAL Heavy Lift takes full ownership of rival Intermarine
For subscribers
