Drewry: East Mediterranean hubs struggle amidst lingering Red Sea crisis
NewsThe re-routing of mainline vessels via the Cape of Good Hope has led to a significant downturn in vessel call capacity at East and Central Mediterranean hub ports.
Charter rates for multipurpose (MPV) ships, including both breakbulk and heavylift vessels, are not expected to recover back to pre-Covid-19 levels until the end of 2021, forecasts Drewry
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