The major ocean carriers, expected to report huge profits for Q4, have “money to burn” and aim to outbid their smaller, less-profitable rivals, to secure the ships they target, reports the Loadstar.
Q2 2021 to remain bullish?The ocean carriers are expecting the current liner bull market to continue well into the second quarter of next year, based on their recent enquiries into the charter market.
“Not only are the liners prepared to fix long-term at whatever-it-takes-rates on any available...
https://mfame.guru/ocean-carriers-will-pay-higher-profits-to-secure-chartered-tonnage/