Multipurpose Sector Earnings To Rise 6% in 2020

Capt. John
  • Multipurpose vessels are predicted to see an average 6% rise in their earnings this year.
  • Carrier poaching threat has receded significantly in past months as the supply of containerships has been artificially reduced.
  • Expectation for dry cargo trade, the bedrock of MPV demand, remains a steady 2.1% growth a year for the medium term.
  • The ongoing trend for the multipurpose sector remains positive and is more upbeat than previously envisaged.

Demand for multipurpose vessels grows as lines lose...

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