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Charter market still soaring: ‘We’ll beat any rate to secure a panamax’

October 8, 2020 by Choice Aviation Services0Air Cargo

Containership charter rates continue to soar against a backdrop of tight supply across most sectors.
This is reflected in the latest idle tonnage report from Alphaliner showing 23 fewer ships (for 123,462 teu) in the idle fleet.
This is now down to 140 vessels, for 520,831 teu, representing just 2.2% of the global fleet.
The 23 includes 14 vessels undergoing scrubber retrofits “to fill sailing gaps in regular services or perform extra sailings” …

The post Charter market still soaring: ‘We'll beat any rate to secure a panamax' appeared first on The Loadstar.

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