Multipurpose vessel (MPV) owners are actively choosing to keep their older ships in service, resisting the traditional practice of scrapping. This decision stems directly from the current strength and
by Breakbulk Shipper Index Signals Sustained Capacity Weakness
The Journal of Commerce Breakbulk Shipper Index (JOC BSI) continued its downward trajectory in May, registering a value of 97. This latest figure represents a two-point decline from April and a more s
by Multipurpose Vessel Market Rides Strong Demand Amid Fuel Price Swings
The multipurpose vessel (MPV) sector currently exhibits a positive outlook, even as bunker fuel prices experience significant volatility. While shippers express reluctance to absorb these fluctuating
by Update: Multipurpose vessel ordering spree continues with raft of new deals
Title: Global Shipping Sees Surge in Multipurpose Vessel Orders Amid Strong Cargo Demand
The global shipping industry currently experiences a significant surge in new orders for multipurpose vessels.
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