Time charter rates in the multipurpose shipping sector have remained steady over the last month, according to the latest report from shipbroker Toepfer Transport.

Early August figures from Toepfer suggest that the average daily time charter rate for a 12,500 dwt/F-type heavy lift stands at USD6,492. This is a slight increase on July 2020’s rate of USD6,391.

For a year-on-year comparison, Toepfer’s average time charter rate in August 2019 stood at USD7,547.