The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include breakbulk and project cargo ships.
The Drewry Multipurpose Time Charter Index increased to $8,339 per day in May, representing a rise of 4.3% compared to the 2.5% rise seen in the previous month. Drewry’s Index is up 28% since the start of the year and 46% since May 2020. Drewry expects the...
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