Record Charter Rate Highlights Extreme Vessel Shortage

Record Charter Rate Highlights Extreme Vessel Shortage, says an article on Freight waves.

$135,000 per day for short-term charter

In a sign of just how frenzied the container market has become, a freight forwarder is reportedly paying $135,000 per day for a short-term charter of the S Santiago, a 15-year-old container ship with a capacity of 5,060 twenty-foot equivalent units (TEUs).

“Charter rates for short employment … have gone out of control,” said Alphaliner in its new weekly report.

“Depending...

https://mfame.guru/record-charter-rate-highlights-extreme-vessel-shortage/

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