Operators of multi-purpose vessels (MPV) are expecting a positive financial gain from firming rates in container shipping.
Since the financial crisis in 2008, the MPV segment has struggled with overcapacity, exacerbated by competition from container and dry bulk carriers as those segments also came under pressure.
Container rates are now at levels not seen since 2010, due to tight capacity and container shortages and carriers are competing less with MPV operators for multipurpose cargoes, as they...
https://container-news.com/multi-purpose-ships-gain-from-container-recovery/