Reading the multipurpose shipping market

Comparing charter benchmarks and mapping what wind cargo could mean for multipurpose vessels.

Context

During my placement at MOL Drybulk, I looked at how charter benchmarks and project cargo could inform a view of the multipurpose shipping market.

My role

I compared the Toepfer and Shoun Marine indices, looked at the vessel specifications behind the benchmarks and researched wind turbine blade movements.

Approach

I tracked how the benchmarks moved over time and treated differences in vessel specification as context for interpreting the spread. For the cargo research, I looked at where blades are made, where they are loaded and what those movements could require from a ship.

Evidence

The illustration is an original visual for this portfolio. Employer materials and commercial figures are kept private.

What I learnt

A rate comparison is more useful when the reader can see which vessels it describes and where the comparison stops being like-for-like.

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