Containership Charter Market Has Gone ‘Bananas’

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    Greensea Systems
    Keymaster

    By Mike Wackett (The Loadstar)

    Ocean carriers are becoming increasingly confident that freight rates will remain high for years and are still chartering ships for lengthy periods at elevated daily hire rates last seen 16 years ago.

    Alphaliner reports that Maersk has just fixed a trio of 4,600 teu handy classic panamax vessels for periods of 24 to 27 months at a staggeringly high rate of $35,000 per day. The consultant noted that the last time a panamax containership achieved this rate level was in 2005.

    Read more by visiting gCaptain.

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