Cosco Shipping is significantly expanding its heavy-lift Multi-Purpose Vessel (MPV) fleet. The company placed an order for eight new ships, designed to transport a range of specialized cargo. This str
by Global MPV Fleet Expansion Driven by New Vessel Orders
The global order book for Multi-Purpose Vessels (MPVs) has recently experienced a significant surge. This expansion now encompasses a total of 280 ships. This figure is equivalent to 19% of the existi
by Project Cargo Demand Squeezes Multipurpose Vessel Availability
The global multipurpose vessel (MPV) fleet is experiencing a notable tightening of supply, a development poised to temper the robust demand currently emanating from the power and mining sectors. This