Containership owner Seaspan had a good year in 2019, as its fleet of 112 vessels enjoyed improving charter rates and extended time charters with its ocean carrier clients.
Seaspan rode on a ‘win-win’ ticket of a shortage of tonnage due to the vast number of ships being dry-docked for scrubber installations, and thus was in the driving seat for charter party negotiations.
Carriers are now in big trouble due to the coronavirus …
The post Charters may ‘insulate’ shipowners from the effect of...
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