Boom in Containership Charter Rates Dwindles Due To Slow Season

Capt. John
  • Average daily charter hire rates had soared by 40% since January, while during the same period SCFI slumped by 25%.
  • 51 container vessels undergoing retrofitting in shipyards around the world will be back in service by December.
  • Hire rates have soared to around $15,000 a day for 4,000-5,000 teu ships – three times higher than the market rate 18 months ago.

According to an article published in The Loadstar, the scrubber-charged spike in containership charter rates could be coming to an end.

Battli...

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