Container vessel time charter rates have risen to 10-year highs amid an ongoing bull run in container freight markets, says an article published in SPGlobal.
Charter Rates AssessmentsTime charter rates for a ship with a capacity of 8,500 twenty-foot equivalent units registered at $54,000/d is the highest assessment in more than 10 years.
This represents a 151% increase over the year-ago assessment, when the chartering cost for an 8,500 TEU ship was $21,500/d.
Second half of 2020 surged demand for...https://mfame.guru/container-vessel-charter-rates-rises-more-than-10-year-highs/