ao link
MENU
Search
Login
Specialised Shipping

Multipurpose Time Charter Index


Jan 2021: Our new 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.

Find out more

Overview

Advisory expertise

Related Research

Key Contacts

Susan Oatway

Susan Oatway

Senior Analyst, Multipurpose & Breakbulk Shipping
Tim Power

Tim Power

Managing Director and Head of Maritime Advisors

Latest update: 12 Jul 2021

Multipurpose vessel charter rates surpass 2008 peak with further to go
The continued easing of lockdown restrictions across the globe, combined with the capacity constraints in other sectors, mean that charter hire rates for the multipurpose and heavylift fleet are expected to continue to rise from their current peak for the remainder of the year, according to Drewry’s Multipurpose Shipping Forecaster.

02 Dec 2020: Exotic fruit to drive growth in the reefer shipping trade
Growth in the reefer shipping trade has been largely driven by soaring demand for proteins into swine flu-ravaged Asia, but this trend is expected to recede as domestic pig stocks recover. Future growth is expected to come from accelerating trade in exotic fruits, thanks to new technology which is lengthening potential shipping distances and opening up new markets where discretionary spend is rising.

24 Aug: Press release - Reefer shipping to outpace dry cargo trade despite container shortages
Availability of refrigerated container equipment is forecast to tighten as buoyant trade and continued modal shift boost expansion in reefer cargo carried by containerships.


Specialised shipping

The specialised shipping sector covers a variety of different niche segments that remain critical to the conduct of world trade.

These include:
  • Multipurpose shipping, incorporating both Breakbulk and Heavylift (or project) shipping
  • Reefer shipping, involving the movement of refrigerated cargo
  • Car Carrier shipping, involving the movement of autos (including PCTC)
  • Ferry & Cruise shipping, involving the movement of passenger traffic
  • Offshore, involving the support of the offshore oil and gas industry or special project work
Each of these sectors is characterised by very different dynamics and characteristics, requiring highly specialised understanding of these niche trades.

As a trusted, independent voice in the market, our team of specialists are regularly asked to present their research findings into market trends and future predictions for multipurpose and reefer sectors at leading industry conferences around the world.

In addition to detailed market analysis and rigorous forecasting we offer market leading analysis of the trade affecting the principle vessel categories as well as appraisal of shipping finances, including pricing, operating costs and investment returns. We challenge conventional wisdom through our deep understanding of the trade dynamics driving demand for different vessel types in all corners of the world.

Key Contacts

Susan Oatway

Susan Oatway

Senior Analyst, Multipurpose & Breakbulk Shipping
Tim Power

Tim Power

Managing Director and Head of Maritime Advisors

Key Contacts

Susan Oatway

Susan Oatway

Senior Analyst, Multipurpose & Breakbulk Shipping
Tim Power

Tim Power

Managing Director and Head of Maritime Advisors

Related News

Reefer container freight rates soar but remain outgunned by dry box rates

Reefer container freight rates have risen sharply this year but remain far outgunned by the inexorable rise in dry box pricing, according to Drewry’s newly launched Reefer Shipping Forecaster report.

Multipurpose earnings rally at risk from overordering in competing sectors

The rapid recovery in earnings for multipurpose vessels is expected to slow from the second half the year as capacity constraints and supply chain disruptions in competing sectors ease, according to Drewry’s latest Multipurpose Annual.

Advisory Expertise

Advisory support across the specialised shipping sectors

Advisory support across the specialised shipping sectors

We offer specialist advisory services to support operational, planning, strategic and investment needs in the multipurpose, offshore, PCTC, car carrier, ferry and cruise liner sectors. As well as operational and technical due diligence services we also conduct bespoke market analysis, financial modelling and feasibility studies to support the commercial and strategic objectives of owners and operators, investors and other stakeholder with interests in these highly specialised areas.

Related Maritime Research

The primary source of market insight, analysis and advice, trusted by the global maritime and shipping industry.

Complete coverage

From tankers to dry bulk, containers to ports - we keep a constant watch on the world's maritime markets

Rich heritage

More than 40 years continuously charting and analysing the world's maritime markets

Proudly independent

Our voice is our own and is not defined by others
Reefer Shipping Forecaster (Annual subscription)

Reefer Shipping Forecaster (Annual subscription)


Latest release 30 Apr 2021


The package includes the Reefer Annual Review & Forecast, together with three concise quarterly Reefer Forecaster reports, delivering a full and up-to-date picture of the reefer shipping market for the duration of your subscription (12 months).

Learn more
Multipurpose Forecaster (Annual Subscription)

Multipurpose Forecaster (Annual Subscription)


Quarterly In-depth Market Forecasts · Latest release 29 Jun 2021


Written by one of the sector’s leading experts our Multipurpose Forecaster provides an unparalleled depth of market analysis. This subscription package comprise the annual market review together with quarterly sector updates.

Learn more

View more