- The strength of demand for tonnage from the liners has resulted in daily hire rates of up to $20,000 a day, nearly 200% higher than the market rate at the start of the pandemic.
- Charter rates soar with idle tonnage slumping from around 1m teu just a month ago.
- The strong cargo demand on many routes, the shortage of larger tonnage, and short employments are driving this growth.
- However, the sustainability of demand remains a question, considering the state of the world economy and the...
https://mfame.guru/charter-market-sees-massive-growth-and-expansion-as-hire-rate-peaks/