Multipurpose vessel demand to stay soft for 2010, says Drewry

MULTIPURPOSE vessel demand will remain “soft” for the rest of this year after volumes fell 19% in 2009, but consultant Drewry is predicting a positive outlook for 2011 and says that the pick-up should continue steadily until “at least 2014.

The key question for the MPV fleet in 2010 is whether it can emerge from recession and beat the market trough seen elsewhere in global shipping.
The sector is expected to register a further 2% decline this year.
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