Hardening charter rates are pushing second-hand asset values upwards as carriers look to acquire suitable tonnage before the prices peak.
Some liner companies may consider second-hand vessels ahead of another price surge, though on the flip side, as asset prices are increasing, ship owners may take the opportunity to wait for prices to peak before considering selling tonnage, said shipbroker Braemar ACM.
Additionally, some carriers are looking to the second-hand market to make sure they have the...
https://container-news.com/surge-in-charter-rates-is-driving-snp-market/